VHM
Director Trades
| Date | Director | Value |
|---|---|---|
| I. Smith | $24,383 | |
| R. Douglas | $100,440 | |
| I. Smith | $20,827 | |
| M. Arnason | $30,000 | |
| C. Moorhead | $30,000 |
Company News
Which ASX Stocks Could Benefit as Rare Earth Prices Surge on Tightened US Supply Chains?
Prices of neodymium and praseodymium (NdPr) oxides – two rare earth elements essential for super-strong magnets – have surged to their highest levels in more than two years. The rally follows US rare earth producer MP Materials halting raw material exports to China, creating a significant gap in supply. China currently controls around 90% of […]
Industry welcomes strong governmental support for Victorian mining sector
The local mining industry has welcomed a number of changes made by the Victorian government in support of the sector. The Minerals Council of Australia (MCA) says the state’s Critical Minerals Roadmap has put Victoria firmly on the map as a supplier of strategic minerals, with approvals for two mineral sands projects a major step […]
China’s rare earth dominance faces new threats from global competitors and domestic regulations
China, which has dominated reserves and production in the global rare earths market for many years, now finds its number one position under attack from a number of directions. Even China’s own regulations are expected to become a major hindrance to its current dominance, with the nation previously considered as almost having a monopoly. Chinese […]
Market wrap: rally continues despite disappointing mining stocks
A broad-based rise in banking, healthcare and technology stocks helped to overcome disappointing share price falls by miners dragged down by lower commodity prices. By the market close on Friday the ASX 200 finished up 0.3% or 26.6 points higher at 7796 points, representing a 0.9% gain for the week after the Reserve Bank held […]
VHM identifies significant capex savings for Goschen rare earths project
VHM Limited (ASX: VHM) has identified significant capital expenditure (capex) saving opportunities for its Goschen rare earths and mineral sands project in Victoria. A robust optimisation review has resulted in a capex reduction for Phase 1 from $483 million to $337m, placing it among the lowest-cost rare earths developments in Australia. The review has identified […]
Market wrap: late market rally not enough to erase midweek losses
A late rally on Friday wasn’t enough for the Australian share market to recover from ground lost earlier in the week. Despite climbing 0.96% or 73.5 points on Friday, the ASX 200 gave up 0.42% for the week. Inflation still high Australia’s annual consumer inflation rate accelerated to 3.6% in April 2024, its highest level […]
VHM partners with Yellow Iron Fleet to accelerate Goschen project in Victoria
VHM Limited (ASX: VHM) has signed a strategic memorandum of understanding (MoU) that will help it fast-track the development of the giant Goschen rare earth and heavy minerals project in Victoria. The agreement with leading local mining services firm Yellow Iron Fleet will enable VHM to gain an early start in identifying and developing the […]
Australian government throws its weight behind rare earths with massive funding boost
Arafura Rare Earths’ (ASX: ARU) development plans to deliver Australia’s first combined rare earths mine and refinery in the Northern Territory have received a major boost with the federal government to provide $840 million in new funding. The government support for the rare earths development at Arafura’s Nolans Project was revealed during a visit to […]
VHM accelerates transition from explorer to developer with progress at Goschen
VHM Limited (ASX: VHM) continues to achieve its fundamental goals as it transitions from a rare earth element (REE) and mineral sands explorer to a developer. Having only listed on the ASX in January 2023 as an explorer with a definitive feasibility study (DFS) for its flagship Goschen rare earths and mineral sands project in Victoria, […]
VHM strikes milestone offtake deal with Shenghe, boosting Goschen prospects
VHM (ASX: VHM) has received a major boost to its plan of becoming a significant rare earth and heavy mineral developer with the execution of a binding offtake agreement for its flagship Goschen project in Victoria. The agreement with a subsidiary of leading Asian rare earths trading house Shenghe is for an initial three-year term […]
