Shenghe Resources unit to acquire new shares in Vital Metal
2023-10-23 14:27:52 [Print]
Shenghe Resources announced that its unit Shenghe Singapore plans to acquire new shares in Australian-based Vital Metal Limited for a total of AUD14.80 million in two tranches. Upon completion, Shenghe Singapore will hold a 18.2% stake in Vital Metal.
Vital Metal is an ASX-listed company and mainly develops Nechalacho rare earth project in Canada and Wigu Hill rare earth project in Tanzania.
Vital Metal is an ASX-listed company and mainly develops Nechalacho rare earth project in Canada and Wigu Hill rare earth project in Tanzania.
