VL

Victory Metals Ltd

VTM.AX
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Market Snapshot

Market Cap

$224M

Employees

150

About

Victory Metals Limited (ASX: VTM) is an Australian mineral exploration company focused on the discovery and development of heavy rare earth elements (HREE) and critical minerals. Headquartered in Subiaco, Western Australia, the company's flagship asset is the North Stanmore Heavy Rare Earth Project, located in the established mining district of Cue, WA. North Stanmore is recognized as one of the largest and most advanced heavy rare earth clay projects globally, hosting a massive 321 million tonne JORC-compliant resource that can support a mine life exceeding 60 years. The project is notable for its high ratio of heavy rare earths to total rare earths and its ability to produce critical rare earth elements currently facing export restrictions. Positioned favorably near major infrastructure, Victory Metals is dedicated to establishing a secure, non-Chinese supply chain of strategic defense metals, driving innovation through rapid leaching techniques and strategic academic partnerships.

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