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GreenTech Metals raises A$7.5m to boost exploration at Munni Munni project in Western Australia

Market News
12 May 2026
Proactive Investors
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Bullish
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GreenTech Metals, partner in the Munni Munni joint venture with Alien Metals, has raised A$7.5 million to fund Phase II exploration and development at the Western Australian platinum-palladium-copper-nickel project. This funding, supported by institutional and sophisticated investors, adds to over A$12 million raised in the past six months, significantly increasing resources for exploration. Alien Metals also sold nine million GreenTech shares, raising about A$700,000 to support its assets while maintaining exposure to Munni Munni. Alien retains a 30% interest in the project, free carried to a bankable feasibility study, though its shares fell 8% in London trading following the announcement.

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