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Alurion Resources Raises A$50 Million to Advance Amargosa Project
9:14am on Wednesday 22nd of July, 2026 AEST
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Mining
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Alurion Resources Raises A$50 Million to Advance Amargosa Project
9:14am on Wednesday 22nd of July, 2026 AEST
Key Points
A$50 million raised at A$1.05 per share
Implied equity valuation of approximately A$256 million
BRE retains 16% stake post-IPO
Funds allocated for expanded two-year development program
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