Finance News Network
Highfield Resources raises $220m to drive Muga and Southey potash projects
October 23, 2024
Highfield Resources (ASX:HFR) is in the process of transforming itself into a globally diversified potash company, following binding agreements with strategic investors Yankuang Energy, Beijing Energy, and Singapore’s Taizhong. The deal, announced in September 2024, includes a US$220 million equity capital raise and the acquisition of the Southey Potash Project in Saskatchewan, Canada.
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