Latest Project Finance News

Hastings Technology Metals and Wyloo have formalised their joint venture for the Yangibana Rare Earths Project, with Wyloo taking a 60% stake and cancelling A$123 million in exchangeable notes, significantly de-risking the project and reducing Hastings’ funding burden.

Andromeda Metals' latest Scoping Study reveals a compelling economic case for its innovative High Purity Alumina (HPA) production technology, highlighting strong returns and a significant carbon emissions advantage. The project aims to meet soaring global demand with a 10,000 tonne per annum facility in South Australia.

Barton Gold has launched an 18,000m drilling campaign at its Tunkillia project to upgrade mineral resources and fast-track a mining lease application by 2026, targeting robust early cash flows from high-value starter pits.

Javelin Minerals has partnered with MEGA Resources to fully fund and operate the Eureka Gold Project, setting the stage for mining to begin in mid-2026. The deal includes a $4.5 million capital raise and a strategic leadership appointment to drive exploration and production growth.

Sunrise Energy Metals has attracted a significant financing interest from the U.S. Export-Import Bank, potentially securing half the capital needed for its Syerston Scandium Project amid shifting global supply dynamics.

Celsius Resources has reported significant high-grade copper and gold drilling results at its MCB Project in the Philippines, alongside securing a conditional water permit crucial for advancing project development.

Highfield Resources clarifies its financial position amid funding uncertainties, confirming ongoing talks with major investors and a standstill on matured convertible notes. The company maintains its commitment to the Muga Potash Project despite setbacks.

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.