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Lion Rock Minerals Receives $8.6m Cornerstone Investment to Advance Minta Monzanite-Rutile Project
TronoxTronox(US:TROX) Small Caps·2025-10-15 09:03

Lion Rock Minerals (ASX: LRM) has received a firm commitment from US chemical company Tronox Holdings for an 8.6millionstrategicplacementtohelpadvanceitsMintamonaziteandrutileprojectincentralAfrica.ThecompanyconfirmedthecornerstoneinvestmentafterasitevisitbyseniorTronoxexecutivestoMinta’sbaseinCameroon—oncecompleted,itwillgiveTronox58.6 million strategic placement to help advance its Minta monazite and rutile project in central Africa.The company confirmed the cornerstone investment after a site visit by senior Tronox executives to Minta’s base in Cameroon—once completed, it will give Tronox 5% equity in Lion Rock.Under the terms, Tronox will receive approximately 153 million new Lion Rock shares at 0.056 each and enter an agr ...