Australia's Orion Minerals signed an agreement with a subsidiary of Jiangxi Ganfeng Lithium to receive up to $250 million in funding.

date
17/09/2025
On September 17th, Australian metal exploration and development company Orion Minerals announced that it has signed a non-binding term sheet with a wholly-owned subsidiary of Jiangxi Copper Corporation, providing $200 to $250 million in funding for its Prieska project. The company stated that the agreement includes an off-take agreement with Jiangxi Copper, under which they will sell 100% of the zinc concentrate, copper concentrate, and other products produced by the mine over a period of 5 to 10 years.
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