15/10/2018 - 19:32

Northern Minerals draws $27m in funding

15/10/2018 - 19:32

Bookmark

Save articles for future reference.

Northern Minerals has received a $25m investment from China’s NRE Industrial Group Limited, which is subscribing for 240.4m shares in the company for between 9c and 11c per share. A new private investor is also subscribing for $2m worth of shares priced at 9c each. The funds will be used to progress development of the Browns Range heavy rare earths pilot plant project in the Kimberley region of WA.

Subscribe today for award-winning, unbiased and trusted journalism

Subscription Options