Latest Project Finance News

Toubani Resources has successfully closed the retail tranche of its fully underwritten entitlement offer, securing approximately A$70 million to support its Kobada Gold Project development.

OM Holdings' subsidiary OM Materials has locked in a binding take-or-pay deal to purchase up to 1.1 million tonnes per annum of manganese concentrate from Element 25's Butcherbird Mine, underpinning Element 25's expansion and financing plans.

Element 25 has locked in a binding take-or-pay offtake agreement with OM Materials for 100% of manganese concentrate from its Butcherbird Expansion, underpinning project financing and targeting commissioning in early 2027.

Dateline Resources confirms Colosseum as a high-margin gold project with strong BFS economics and pushes rare earth exploration at Music Valley with assays up to 7.1% TREO.

Minbos Resources has appointed a new CEO, secured key funding tranches, and progressed construction at its flagship Cabinda Phosphate Project, targeting plant inauguration by December 2026.

Vanadium Resources pivots to a co-production V-Iron Plant at Steelpoortdrift, securing a non-binding offtake with US Vanadium and appointing Rand Merchant Bank to drive project financing.

Arcadia Minerals is progressing financing talks for its Swanson Tantalum Project amid a tantalum price rally, while defining drill targets for its nickel and lithium projects in Namibia.

Arafura Rare Earths has taken a decisive step forward on its Nolans Project, announcing a Final Investment Decision and securing over A$700 million in cash and term deposits as it prepares to start construction in September 2026.

Frontier Energy (ASX: FHE) has locked in credit-approved debt facilities worth up to A$280 million and completed a $110 million equity raise, clearing the way for construction of its Waroona Renewable Energy Project in Western Australia.

Meteoric Resources has completed a Definitive Feasibility Study for its Caldeira Rare Earth Project in Brazil, revealing a large, high-grade ionic clay deposit with a 20-plus year mine life and strong financial metrics.

Talga Group has marked a milestone with its first commercial delivery of natural graphite anode outside Asia, progressing key funding discussions and strategic partnerships to support its Vittangi Anode Project.

Anax Metals has secured $16 million through placements to fund exploration and development at its Whim Creek Project, with diamond drilling commenced and FEED launched ahead of a targeted Final Investment Decision in Q4 2026.