Latest Project Finance News

AuKing Mining has achieved a critical due diligence milestone with Nebari, paving the way for an A$8 million credit facility to accelerate development of its Cloncurry Gold Project in Queensland.

OM Holdings reported steady revenue of US$309.3 million in 1H 2025 despite a sharp EBITDA decline and net loss, while maintaining a strong cash position and advancing sustainability goals.

OD6 Metals announces a major upgrade at its Splinter Rock Rare Earth Project with the addition of an onsite Chlor-Alkali Facility, promising significant cost savings and enhanced product flexibility. This development could reshape the economics and sustainability profile of one of Australia’s largest rare earth deposits.

VRX Silica Limited has obtained crucial environmental approval for its Arrowsmith North Silica Sand Project, paving the way for binding contracts and first production targeted in late 2026.

Evolution Energy Minerals has unveiled a strategic update on its development-ready Tanzanian graphite project, announcing a $1.45 million renounceable rights issue to accelerate project development and capitalize on binding offtake agreements.

Canyon Resources’ Definitive Feasibility Study confirms Minim Martap as a major bauxite project with a 33% ore reserve increase and robust economics, targeting production start in early 2026.

Genmin Limited has increased insider loans by A$0.5 million, reinforcing funding for its flagship Baniaka iron ore project in Gabon as it targets production in late 2026.

Energy World Corporation Ltd reports a remarkable turnaround to a $346 million profit for FY25, driven by a $390 million gain from debt restructuring and the sale of a key Indonesian asset. The company faces funding challenges as it advances LNG and power projects in Southeast Asia.

Cyprium Metals unveils a rapid restart plan for its Nifty Copper Complex, backed by a substantial A$80 million capital raise to fund early cash flow and long-term growth. The project boasts a pre-tax NPV of A$1.1 billion, positioning Cyprium as a compelling copper play on the ASX.

NH3 Clean Energy has launched the FEED phase for its WAH2 clean ammonia project, advancing environmental approvals and commercial negotiations with potential strategic partners.

Victory Metals secures $11.5 million through a strategic placement to accelerate drilling and development at its North Stanmore heavy rare earth project, reinforcing its position as Australia’s leading rare earths explorer.

Diatreme Resources has achieved a significant regulatory milestone with Project Status granted across its silica sand tenements in Far North Queensland, alongside critical tenure renewals that preserve its strategic landholdings. This development strengthens its pathway toward long-term production of low-iron, high-purity silica sand.