Molyhil Tungsten, Molybdenum and Copper Project Sale
Sector: Metal • Location: Northern Territory, Australia
Source: London South East
Thor Energy PLC has signed a term sheet to sell its 75% stake in the FRAM joint venture, which holds the Molyhil tungsten, molybdenum and copper project in the Northern Territory of Australia, to Tivan Ltd for AUD 8.8 million (GBP 4.3 million). The deal includes three successive annual deferred completion payments payable in cash, shares, or a combination of both. The sale is expected to complete
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Thor Energy PLC has signed a term sheet to sell its 75% stake in the FRAM joint venture, which holds the Molyhil tungsten, molybdenum and copper project in the Northern Territory of Australia, to Tivan Ltd for AUD 8.8 million (GBP 4.3 million). The deal includes three successive annual deferred completion payments payable in cash, shares, or a combination of both. The sale is expected to complete in December 2025 and will provide Thor Energy with a significant cash boost to advance its core Hy-Range natural hydrogen and helium project in South Australia. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |