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An announcement from VHM Limited ( (AU:VHM) ) is now available.
VHM Limited has been granted a three-year extension of Major Project Status for its Goschen Rare Earths and Mineral Sands Project in Victoria, Australia. This extension, recognized by the Commonwealth Industry Minister, signifies the project’s potential impact on the resources and critical minerals sector, providing VHM with additional governmental support and aiding in investment discussions and strategic partnerships. The endorsement follows the project’s Environmental Effects Statement approval, positioning it as a key player in advancing regional economic growth and supporting Australia’s Critical Minerals Strategy.
More about VHM Limited
VHM Limited operates in the resources and critical minerals industry, focusing primarily on rare earths and mineral sands projects. The company is engaged in the exploration and development of mineral resources, with a particular market focus on contributing to Australia’s strategic priorities in critical minerals.
YTD Price Performance: -21.95%
Average Trading Volume: 83,892
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$69.49M
See more insights into VHM stock on TipRanks’ Stock Analysis page.
