Northern Minerals have found an innovative source of advance funding for their $56 million Browns Range pilot project, signing an R&D loan facility to provide up to US$30 million for the project. The new facility will accelerate the flow of R&D tax rebates, which will pile up as the company pioneers Australia’s first heavy rare earths project and works towards a planned full-scale development.
02/09/2017 - 15:07
Northern access $30m in innovative deal to fund rare earths plant
By Matt Birney
02/09/2017 - 15:07
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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 150th Key Petroleum $1.0m 151st Matador Mining $972k 153rd Nordic Nickel $918k 154th Black Cat Syndicate $907k 604 listed resources wa companies ranked by revenue.
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