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CMG Advances Lindfield Vanadium Project with $821M NPV and $1.5M Placement

4:43pm on Friday 31st of July, 2026 AEST Mining
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CMG Advances Lindfield Vanadium Project with $821M NPV and $1.5M Placement

4:43pm on Friday 31st of July, 2026 AEST
Key Points
  • Pre-Feasibility Study delivers A$821 million pre-tax NPV and 26.6% IRR
  • Integrated vanadium mine near Julia Creek and electrolyte facility in NSW
  • Advancing to Definitive Feasibility Study with three priority workstreams
  • Successful $1.5 million two-tranche placement to fund development
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