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Nimy's Mons Project gains a second act beyond gallium

6:12pm on Thursday 24th of September, 2026 AEST • Mining
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Nimy's Mons Project gains a second act beyond gallium

6:12pm on Thursday 24th of September, 2026 AEST
Key Points
  • 7.23Mt Inferred gallium resource grading 102g/t Ga₂O₃
  • 84% gallium and 80-95% rare earth extraction in test work
  • $3.36m FY2026 net loss and $2.33m operating cash outflow
  • $4.76m Lind liability alongside Supreme Court dispute
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