PROJECT FINANCE

Vital capitalises on rare earth demand

VITAL Metals has just raised A$45 million via share placement, cornerstoned by global mining fund Lionhead Resources.

Product from Vital's Nechalacho mine

Product from Vital's Nechalacho mine

Lionhead has pumped in $30 million of the raising, which was priced at 4c per share, just below its recent trading level.    Vital said it had strong support for the placement, which was led by Petra...

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