Highfield Resources Deal with Yankuang Energy Terminated

MT Newswires Live

2025/09/16

Highfield Resources (ASX:HFR) said its implementation and equity subscription agreements with Yankuang Energy have been terminated, automatically ending related deals with Beijing Energy International and Singapore Taizhong Global Development, according to a Tuesday filing with the Australian bourse.

The planned formation of a new diversified potash company will no longer proceed following the termination of the agreements, per the filing.

The termination frees the company from exclusivity restrictions, enabling it to explore wider strategic and funding options while continuing to advance its Muga potash project and pursue a potential capital raising, the filing added.

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