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Matrix opens rare earths IPO with Orbit shareholders first in line

10:08am on Tuesday 13th of October, 2026 AEDT • Mining
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Matrix opens rare earths IPO with Orbit shareholders first in line

10:08am on Tuesday 13th of October, 2026 AEDT
Key Points
  • Matrix IPO seeks $8m to $12m at $0.20 per share
  • Eligible Orbit shareholders offered priority access to up to 10 million shares
  • Narraburra resource stands at 94.9Mt grading 739ppm TREO
  • IPO remains conditional on minimum subscription, ASX approval and Orbit shareholder approval
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