Break it Down: Victory Metals wins Saudi backing in US$10m deal

Victory Metals has received US$10 million from Saudi Arabia to advance its North Stanmore rare earths project.

Stockhead’s Break it Down brings you today’s leading market news in under 90 seconds.

In this episode, host Tylah Tully unpacks Victory Metals (ASX:VTM) latest news, who have received US$10 million from Saudi Arabia to advance its North Stanmore rare earths project.

The loan facility is from Sanabil Investments, a sovereign investment firm wholly owned by the Public Investment Fund of the Kingdom of Saudi Arabia.

Tune in to hear all about it.

While Victory Metals is a Stockhead advertiser, it did not sponsor this content.

Originally published as Break it Down: Victory Metals wins Saudi backing in US$10m deal