Update on Financing and Offtake with Glencore
Filed with ASX · · 2 pages · English
Orion Minerals Limited (ASX/JSE: ORN) (Orion or the Company) is pleased to provide an update to its ASX/JSE announcement on 17 September 2025, in which its subsidiary, Prieska Copper Zinc Mine (Pty) Ltd (PCZM), signed a nonbinding term sheet with a wholly owned subsidiary of Glencore plc (Glencore) for financing of US$200 million to US$250 million and concentrate offtake (Offtake) for the Prieska
Story so far
Earlier from Orion Minerals
- Orion Capital Raising Increased to $8.6 Million
- Reinstatement to Quotation
- Orion Increases Capital Raising to $7.7 million
- Suspension from Quotation
- Capital Raising of $5M
Later from Orion Minerals
- Response to ASX Price Query
- Quarterly Activities Report
- Quarterly Cashflow Report
- Orion Selected for BHP Xplors 2026 Accelerator Program
- Orion Signs US$250M Prepayment Facility with Glencore
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