VHM partners with Mitsui for Goschen project, securing offtake agreement and funding

From Yahoo Finance: 2025-07-02 10:17:00

VHM has signed a letter of interest with Mitsui to supply 40% of HMC from the Goschen rare earths and mineral sands project in Australia. Mitsui will provide a trade finance facility subject to due diligence. The LoI has an initial term of three years and is non-binding. VHM CEO is excited to partner with Mitsui for long-term offtake and funding. The Goschen project is set for production in 2026, generating revenue from rare earths and HMC. VHM previously signed an MoU with Currumbin Minerals for HMC supply. The project has secured all necessary land ownership.



Read more at Yahoo Finance: VHM signs HMC offtake agreement with Mitsui for Goschen project