Genmin has secured A$3.0 million in funding via arm’s length unsecured loan agreements with entities associated with Executive Chair Greg Lilleyman and Non-Executive Director John Hodder to advance the Baniaka #iron ore project in #Gabon.
genmingroup.com/investors/as…
Genmin has announced strong interest from international #investors, financiers and commodities groups seeking to participate in the development of the Baniaka #iron ore project in #Gabon.
For further details visit: genmingroup.com/investors/in…
Executive Chair Greg Lilleyman, non-executive director John Hodder and CEO Andrew Taplin continue to lead Genmin’s in-country engagement with the team meeting #Gabon’s Minister of Mines, His Excellency Sosthène Nguema Nguema, as well as senior government representatives.
Genmin was pleased to re-sign and extend its power agreement with Société de Patrimoine for the Baniaka #iron ore project.
The agreement supports the long-term supply of #renewable #hydropower from the Grand Poubara Hydropower Station, located ~30km from the project.
With momentum building at the Baniaka #iron ore project in #Gabon, a series of site tours will be occurring over the next few weeks. Recently, it’s been a pleasure to host the team from Winning International Group as we continue to develop our #logistics strategy.
On Day 1 of the 28th Annual Global #Iron Ore & #Steel Conference in #Perth, Executive Chair Greg Lilleyman presented “Pioneering iron ore mining in Gabon”, highlighting the opportunity emerging in Central #Africa
wcsecure.weblink.com.au/pdf/…
It's been a highly-productive week in #China's Hunan province engaging with key strategic partners including Hunan Valin, SHICO, Metallurgical Corporation of China and Central South University. These discussions mark another important step developing the Baniaka iron ore project.
GENMIN LIMITED retweeted
Our Investment @GenminASX $GEN has just extended the Memorandum of Understanding (MoU) with Baowu Resources Holding for project offtake for its iron ore project in Gabon.
Baowu is the largest steel producer in the world - it was also one of the early offtakers in FMG, then known as Baosteel, FMG’s first shipment back in 2008 was delivered to them. (source)
Today’s deal comes a few weeks after $GEN ’s management did a trip around China recently - here were a few of the photos posted to LinkedIn:
Read more here: bit.ly/4c5dQNn
Disc: 16,040,533 GEN Shares and 30,972,767 GEN Options Held.
A China Baowu Steel Group subsidiary has re-signed and extended its existing offtake MoU for #Baniaka Green® #ironore products for a further 18 months to 30 June 2027.
Baowu is the world’s largest steelmaker.
bit.ly/4b4OUV2
We're underway in #CapeTown, with the Genmin team participating in 121 Mining Investment, held alongside #MiningIndaba.
A busy first day of scheduled meetings and discussions! #MI26
The Genmin team is getting set for @Investinmining's Mining Investment Cape Town event, coinciding with Mining Indaba 2026. #MI26 #ASX #AfricanMining #SouthAfrica
Our latest presentation now available: wcsecure.weblink.com.au/pdf/…
Genmin has extended its existing Memoranda of Understanding with China Minmetals, Jianlong and Hunan-Valin in relation to potential offtake from the Company’s Baniaka #ironore project in #Gabon.
bit.ly/46tknNZ
It’s been a busy period for Genmin, with key financial, operational and management milestones reached during the December quarter.
For full details visit: bit.ly/4a5Oqg0
Genmin has completed a A$25.7m Placement, emerging debt free with a strong balance sheet to accelerate the Baniaka #ironore project in #Gabon to FID. The Placement was strongly supported by the Board and senior management, who invested more than A$8.3m
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