Victory Metals Secures Strategic Funding Amid Rare Earth Resource Expansion

Victory Metals Limited (ASX: VTM) has significantly strengthened its North Stanmore Project by adding 4,788 tonnes of Gallium Oxide to its Mineral Resource Estimate, now totaling 247.5 million dry metric tonnes. This positions Victory among the few Australian firms declaring Gallium as a resource, elevating its profile as a critical minerals supplier amid Chinese export controls. Key recoveries include high-extraction rates of heavy rare earths like Terbium (94%) and Dysprosium (87%). The company secured a US$10 million loan commitment from Sanabil Investments LLC and received a Letter of Interest from the Export-Import Bank of the United States for potential project financing of up to US$190 million. Additionally, Victory completed a $4 million placement supported by its leadership and top shareholders. With $6.46Million cash and $624K in prepaid feasibility spend, the company remains well funded to advance development in Western Australia.

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