The FIRB has cleared a $30m Chinese investment in Northern Minerals, clearing the way for the rapid development of the company’s heavy rare earths project at Browns Range in WA. Northern Minerals have already banked $3m and will bank another $9m from Huatai Mining next week with two more $9m payments to follow.
18/10/2016 - 10:10
Australia’s first Dysprosium mine looking good after FIRB approval for $30m Chinese investment.
By Matt Birney
18/10/2016 - 10:10
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Northern MineralsClosing price for the last 90 trading daysPowered by Morningstar ®
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Rank Company Revenue 134th Northern Minerals $1.3m 168th Sipa Resources $719k 169th Mount Ridley Mines $705k 171st Falcon Metals $688k 173rd Evolution Energy Minerals $682k 604 listed resources wa companies ranked by revenue.
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