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Union Star Metals Divests Brazilian Rare Earths to Sharpen US Gold Focus
8:17am on Wednesday 22nd of July, 2026 AEST
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Mining
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Union Star Metals Divests Brazilian Rare Earths to Sharpen US Gold Focus
8:17am on Wednesday 22nd of July, 2026 AEST
Key Points
Binding agreement to sell 100% of Brazilian subsidiary Scanty Mineração
Initial A$200,000 cash plus 40 million Harvest Minerals shares
Deferred payments linked to resource and development milestones
Harvest assumes A$1.5 million in deferred vendor payments and royalties
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