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Vital Metals Ltd ( (AU:VML) ) has provided an announcement.
Vital Metals Limited has secured firm commitments for an additional A$5.6 million placement, subject to shareholder approval, to further advance its Tardiff rare earths deposit at Nechalacho, Canada. This follows a previous A$6.8 million strategic placement announced in August 2025. The additional funds reflect continued investor confidence in Vital’s strategy and will support the company’s efforts to develop one of the largest and highest-grade rare earth projects in the Western world, playing a crucial role in building Canada’s critical minerals supply chain.
The most recent analyst rating on (AU:VML) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vital Metals Ltd stock, see the AU:VML Stock Forecast page.
More about Vital Metals Ltd
Vital Metals Limited (ASX: VML) is an advanced stage exploration and development company focused on rare earths. The company is developing the Nechalacho Rare Earth Project in Canada’s Northwest Territories, which aims to support a significant rare earths supply chain for North America, contributing to the green economy transformation.
Average Trading Volume: 387,518
Technical Sentiment Signal: Sell
Current Market Cap: A$42.48M
For an in-depth examination of VML stock, go to TipRanks’ Overview page.