Latest VICTORY METALS (ASX:VTM) News

Victory Metals Ltd has announced a substantial upgrade to its North Stanmore Heavy Rare Earth Element Project, increasing the mineral resource by nearly 30% and revealing some of the highest heavy rare earth element ratios recorded in Australia.

Victory Metals has produced a 94% total rare earth oxide product enriched in heavy rare earths from its North Stanmore project, marking a first for Australian clay-hosted deposits and setting a new industry benchmark.

Victory Metals has secured critical U.S. federal government approval, enabling direct engagement with the Department of Defence and access to substantial funding to advance its heavy rare earths project in Western Australia.

Victory Metals has significantly enhanced its North Stanmore resource with Gallium inclusion and secured major financing commitments exceeding US$200 million, positioning itself as a strategic supplier amid global rare earths tensions.

Victory Metals has landed a US$10 million unsecured loan from Saudi Arabia’s sovereign wealth fund, marking a strategic boost for its North Stanmore rare earths project in Western Australia.

Victory Metals Limited has launched a $3.75 million placement and options offer aimed at advancing its North Stanmore Heavy Rare Earth Elements project in Western Australia. The capital raise targets sophisticated investors and includes detailed risk disclosures.

Victory Metals Limited has raised $4 million in a placement supported by top shareholders and company leadership, aiming to fast-track the Pre-Feasibility Study and development of its flagship North Stanmore Heavy Rare Earth Project in Western Australia.

Victory Metals advances its North Stanmore Heavy Rare Earth Project with a strategic offtake MOU signed with Sumitomo Corporation and a significant upgrade to its mineral resource estimate, reinforcing its position in the critical rare earths sector.

Victory Metals Limited has announced a major upgrade to its North Stanmore Heavy Rare Earth Elements Project, with 71% of the resource now classified as Indicated and total tonnage rising to 247.5 million tonnes at 520 ppm TREO. This positions North Stanmore as a globally significant heavy rare earth clay deposit with promising scandium potential.