Latest Project Finance News

The Mongolian government has officially endorsed a key highway project under a public-private partnership, aligning with Aspire Mining’s infrastructure plans and significantly de-risking its Ovoot Coking Coal development.

Highfield Resources has fully terminated its senior secured project finance facility, exiting its last lenders to focus on cash preservation and alternative funding for its Muga Potash Project in Spain.

Boss Energy has launched a detailed operational review of its Honeymoon uranium project to reassess mineralisation continuity and production assumptions, with results expected by year-end.

Vulcan Energy has gained City of Landau Council approval to acquire land for its pioneering geothermal and lithium extraction plant, marking a crucial step toward sustainable energy and lithium supply in Europe.

Vulcan Energy has obtained the crucial permit to build and operate its Central Lithium Plant in Frankfurt, marking a significant milestone in Europe's push for sustainable, domestic lithium production to support electric vehicle battery manufacturing.

Sunrise Energy Metals has nearly doubled the scandium content at its Syerston Project, confirming it as the world’s largest and highest-grade scandium deposit. This comes as global supply tightens due to new Chinese export restrictions.

Rumble Resources has raised $9 million through a combination of institutional placement and entitlement offer to advance its Western Queen gold and tungsten project, targeting production by mid-2026.

Euro Manganese Inc. reports significant progress on its Chvaletice Project and Bécancour Plant, positioning itself as a key Western supplier of high-purity manganese critical for EV batteries. The company highlights strong feasibility results, strategic financing partnerships, and multiple offtake agreements amid an expected global supply deficit.

Legacy Iron Ore has completed a major drilling campaign at its Mt Celia project and is progressing metallurgical studies to define its processing strategy, setting the stage for updated resource estimates and development plans.

Vulcan Energy has inked a pivotal supply contract with Canadian firm NESI for electrolysis technology, advancing its Lionheart Project’s Central Lithium Plant in Frankfurt. This deal marks a crucial step toward finalising project financing and commencing construction in H2 2025.

VRX Silica Limited has obtained crucial works approval for its Arrowsmith North Silica Sand Project, paving the way for construction and operation ahead of targeted production in late 2026.

Ioneer Ltd announces a significant upgrade to the economics of its Rhyolite Ridge Lithium-Boron Project in Nevada, driven by a process optimization that increases annual ore throughput by 25% without extra capital costs.