In a series of company-making deals, Northern Minerals has secured $54m in funding for its emerging Browns Range rare earths project

In a series of company-making deals, Northern Minerals has secured $54m in funding for its emerging Browns Range rare earths project. The company is our sole Portfolio rare earths exposure and its massive ~10,500 sq km acreage package within the Gardiner-Tanami province has enormous potential to develop into a robust mining operation, supplying high-quality rare earths to a burgeoning Asian market. The company has over the past week announced important funding developments, including a $4m loan facility with Macquarie Bank, along with a potential new $49.5m funding partnership with Jien Mining. Northern Minerals' share price performance has defied poor sentiment within the broader junior resource sector.