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NVRO Metals secures up to $25M financing and offtake deal with Transamine for copper cathode production.

Company Fundamentals
15 Jun 2026
GlobeNewsWire
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Bullish
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NVRO Metals has signed a Heads of Agreement with Transamine for a financing and copper cathode offtake package worth up to US$25 million. This deal supports the launch of NVRO Metals Hub in Australia's Northern Territory, enabling pre-production funding and a market pathway for copper, cobalt, and nickel products. The agreement includes a prepayment facility, working capital, and optional cobalt and nickel financing, aligning funding with production milestones while preserving flexibility for future opportunities. The deal is non-binding and subject to due diligence, regulatory approvals, and definitive agreements, marking a key step toward NVRO Metals' goal of commercializing its critical minerals processing technology.

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