Latest VHM (ASX:VHM) News

VHM Limited has significantly expanded its Exploration Target at the Goschen Project in Victoria, revealing a potential resource of up to 4 billion tonnes of ore rich in valuable heavy minerals and rare earths. This update underscores Goschen's emerging status as a major player in Australia's mineral sands sector.

VHM Limited has reaffirmed the scale of its Goschen Project with updated Mineral Resource and Ore Reserve estimates, adopting a more cautious approach for Area 1 that enhances mine plan confidence while leaving substantial upside for future growth.

VHM Limited has clarified that a non-binding US$200 million letter of interest from the US Export-Import Bank for its Goschen project is not material to its share price, confirming full compliance with ASX disclosure rules despite recent market speculation.

VHM Limited has obtained crucial federal environmental approval for its Goschen Rare Earths and Mineral Sands Project, clearing a major regulatory hurdle and setting the stage for development in 2026.

VHM Limited has appointed Andrew King as CEO and Benjamin McCormick as CFO to spearhead the critical next stage of its Goschen Rare Earths Project development, while outgoing CEO Ron Douglas transitions to a non-executive role.

VHM Limited has secured a crucial mining licence for its Goschen Rare Earths and Mineral Sands Project, alongside key domestic and international partnerships and a successful $8.6 million capital raise.

VHM Limited has opened a $2 million Share Purchase Plan at 25 cents per share, matching its recent placement price, to support the Goschen Project ahead of a final investment decision. Eligible shareholders in Australia and New Zealand can subscribe up to $30,000, with the offer closing on June 10.

VHM Limited has successfully raised $8.25 million through a discounted share placement, bolstering funds for its Goschen Project's next development phase. A subsequent $2 million Share Purchase Plan offers existing shareholders a chance to participate.

VHM Limited has launched a partially underwritten equity placement and share purchase plan to fund the development of its Goschen rare earths and mineral sands project, targeting production by late 2026.

VHM Limited has achieved a key milestone with mining licence approval for its Goschen Rare Earths and Mineral Sands Project, alongside a revised staged expansion plan that adjusts capital and operating costs while extending Major Project Status.

VHM Limited has unveiled a staged development plan for its Goschen Rare Earths and Mineral Sands Project, targeting first production by late 2026 and a scalable expansion to 5Mtpa by 2029 with robust financial returns.

VHM Limited has secured ministerial endorsement for its Goschen Project Environmental Effects Statement, paving the way for a Final Investment Decision and targeted production in 2026. The company also advanced financing and strategic appointments to support its development trajectory.