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VHM strengthens Goschen funding path with Iluka offtake and A$807m DFS
8:21am on Thursday 22nd of October, 2026 AEDT
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VHM strengthens Goschen funding path with Iluka offtake and A$807m DFS
8:21am on Thursday 22nd of October, 2026 AEDT
Key Points
Binding Iluka offtake for 100% of Goschen rare earths concentrate
Up to A$40 million convertible note funding package
Refreshed DFS shows A$807 million pre-tax NPV and 33% IRR
Mitsui HMC term sheet remains non-binding
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