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Rare earths hopeful Astron Corp launches cash call

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Mineral sands and rare earths developer Astron Corporation, capitalised at $137 million, launched a $13 million raise on Tuesday morning as it cobbles together financing for its Donald project in Victoria’s Wimmera region before construction kicks off next year.

George Lloyd is a mineral sands veteran and now chairman of Astron Corporation. 

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/rare-earths-hopeful-astron-corp-launches-cash-call-20241015-p5kic3