Latest Project Financing News

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.

Galan Lithium has cleared all hurdles for a $20 million placement to Clean Elements Fund, unlocking funding to complete Phase 1 of its Hombre Muerto West lithium project with production slated for early 2026.

Global Lithium Resources has been granted a 21-year mining lease for its Manna Lithium Project, significantly de-risking the venture and accelerating its path to a final investment decision.

Viridis Mining and Minerals has significantly expanded its Colossus Rare Earth Elements project in Brazil, securing an additional 2,503.6 hectares adjacent to its existing licenses. This move, backed by robust government support and strategic partnerships, enhances the project's scale and de-risks its pathway to production.

Vault Minerals reports a robust FY25 with A$1.43 billion revenue and a net profit of A$237 million, driven by full-year integration of Silver Lake Resources and operational advances. The company outlines a strategic two-stage expansion at King of the Hills and maintains a strong cash position post debt repayment.

EV Resources has signed a strategic Memorandum of Understanding with Wogen Resources and Xcelsior Capital Advisors to fund and advance its Los Lirios Antimony Project in Mexico, aiming to establish a 100 tonne-per-day processing plant.

Viridis Mining and Minerals has announced a maiden JORC Probable Ore Reserve of 200.6 million tonnes at the Colossus Rare Earth Project, underpinning a 40-year mine life with exceptional grades and sustainable mining practices.

European Metals Holdings has secured a crucial funding pathway to complete the Definitive Feasibility Study for its Cinovec Lithium Project, combining a A$3 million placement with non-dilutive refinancing options to meet its €5.39 million share of a €11 million cash call.

VBX Limited strengthens its leadership and advances drilling programs at the Wuudagu bauxite project, setting the stage for a pivotal Definitive Feasibility Study and environmental approvals.

Alkane Resources has fully repaid its A$45 million project finance facility linked to the Tomingley Gold Operations expansion, positioning itself as largely debt free and financially flexible for future growth.