Victory Metals Secures AU$350,000 Grant From Federal-Backed Program

MT Newswires Live

06/24

Victory Metals (ASX:VTM) secured AU$350,000 in non-dilutive funding under the Federal Government-backed Resources Technology and Critical Minerals Trailblazer program, according to a Wednesday Australian bourse filing.

The two-year grant will fund development of the company's rare earth processing flowsheet, with Curtin researchers working alongside to optimize recovery of high-value heavy rare earths, including dysprosium, terbium and yttrium, at its North Stanmore Project in Western Australia, the filing added.

The company's shares were down nearly 2% in recent Wednesday trade.

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