Allied Critical Metals closed the second tranche of its private placement, raising $15 million from Tribeca Investment Partners to fund development of its Borralha and Vila Verde tungsten projects in Portugal. These projects are strategically important due to the global shortage of tungsten, a critical material for defense and industry. Tribeca brings mining expertise and will support Allied's efforts to restart production at these assets. The funds will be used for project development, exploration, and working capital.
Allied Critical Metals' recent private placement closing is presented here with Pluang's Basic Materials sector data as of Sep 28, 2026 17:13 WIB. For readers following Basic Materials, of 38 priced US stocks tradable on Pluang, 8 rose and 27 fell today. Notable movers include Barrick Gold Corp at USD 41.09 with a -4.17% change and a typical hold time of 54 days, Freeport-McMoRan Inc at USD 69.29 down 4.16%, and Agnico Eagle Mines Ltd at USD 186.40 down 4.15%.
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