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VHM Limited ( (AU:VHM) ) has issued an update.
VHM Limited announced a fully-underwritten institutional placement to raise approximately A$10.3 million and an additional share purchase plan targeting up to A$1.0 million. The funds will support early engineering, procurement, and land acquisition for the Goschen Project, with a final investment decision expected in the first half of 2026. The project has received indicative long-term funding support from the Export-Import Bank of the United States and Export Finance Australia, highlighting its importance in global supply chains. This financial move positions VHM to advance the Goschen Project, aiming to deliver a Tier 1 rare earth and mineral sands project.
The most recent analyst rating on (AU:VHM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
More about VHM Limited
VHM Limited operates in the mining industry, focusing on rare earths and mineral sands. The company is engaged in the development of the Goschen Project, which holds strategic significance in global critical minerals supply chains.
Average Trading Volume: 755,764
Technical Sentiment Signal: Buy
Current Market Cap: A$121.8M
See more data about VHM stock on TipRanks’ Stock Analysis page.