Astron, JV Partner Secure Support from Export Finance Australia; Shares Reach Three-Year High

MT Newswires Live

Oct 21, 2025

Astron (ASX:ATR) and its joint venture partner Energy Fuels secured a non-binding and conditional letter of support from Export Finance Australia for up to AU$80 million of senior debt project financing for the Donald project in Victoria, according to a Tuesday filing with the Australian bourse.

The joint venture is aiming for a 50:50 debt-to-equity gearing ratio and is collaborating with export credit agencies and senior lenders to secure the project financing facility, the filing said.

Astron shares rose 19% in afternoon trade on Tuesday and earlier reached their highest since March 2022.

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