Victory Metals Limited (ASX: VTM)
Victory Metals Limited (ASX: VTM) is gaining traction with its North Stanmore Project, recognised as Australia’s largest clay-hosted Heavy Rare Earth deposit. Located in Cue, WA, along the Great Northern Highway, the project is set for major progress. The company is raising approximately $3.75 million through a share placement of 5,136,986 new shares at $0.73 each, along with issuing 1.8 million unquoted options. The funds will support key priorities including a $2 million Pre-Feasibility Study, $1 million for exploration, and additional allocations for working capital and offer expenses. With this raise, cash holdings are expected to grow to $8.14 million, and total assets will rise to $18.25 million, reinforcing the company’s balance sheet ahead of a critical development phase. Notably, Victory’s share price has doubled from $0.410 on 12 March 2025 to $0.825 at the close of trade on 11 June 2025, reflecting increased market confidence and investor interest.
Victory’s future outlook is equally strategic. The company has received a letter of interest from the Export-Import Bank of the United States for project finance support of up to US$190 million (around A$292 million), subject to due diligence and compliance. At the same time, a non-binding agreement has been signed with Sumitomo Corporation, aiming for an offtake arrangement covering up to 30% of annual MREC production. A binding term sheet is targeted by October 2025. Together, these developments signal strong momentum as Victory positions itself as a competitive non-Chinese supplier in the global rare earth market, supported by growing partnerships and a focused development path.
Webjet Group Limited (ASX: WJL)
Webjet Group Limited (ASX: WJL) is charting a confident new course after its demerger in September 2024, emerging as a focused consumer travel brand with a powerful digital footprint. Now comprising Webjet OTA, Cars & Motorhomes, and the smart itinerary tool Trip Ninja, the company delivered a strong FY25 showing with 1.5 million bookings and $1.5 billion in total transaction value. Revenue came in at $139.7 million, while underlying EBITDA reached $39.4 million. Backed by $118.1 million in net cash, Webjet Group is operating from a position of strength. Webjet OTA, its flagship arm, accounted for $119.9 million in revenue and posted significant improvements across customer experience metrics. Investor sentiment has followed suit as the share price climbed from $4.35 in March to $8.70 by June 11, 2025, signalling renewed market confidence.
The group is actively shaping a future-focused travel business that is sustainable, tech-savvy, and customer-first. In FY25 alone, 27,615 tonnes of carbon emissions were offset through the Sustainable Traveller Program. Webjet also celebrated major wins in workplace equity, with women making up 60 percent of its board and 50 percent of managers, alongside a spotless safety record. Meanwhile, Trip Ninja is pushing automation boundaries, and the Cars & Motorhomes unit is evolving through targeted restructuring. With a roadmap extending to FY30, Webjet Group is aligning its business for long-term impact where responsible travel, digital transformation, and global reach are central to the journey.
(Source: Company Announcements)
Veye Pty Ltd(ABN 58 623 120 865), holds (AFSL No. 523157 ). All information provided by Veye Pty Ltd through its website, reports, and newsletters is general financial product advice only and should not be considered a personal recommendation to buy or sell any asset or security. Before acting on the advice, you should consider whether it’s appropriate to you, in light of your objectives, financial situation, or needs. You should look at the Product Disclosure Statement or other offer document associated with the security or product before making a decision on acquiring the security or product. You can refer to our Terms & Conditions and Financial Services Guide for more information. Any recommendation contained herein may not be suitable for all investors as it does not take into account your personal financial needs or investment objectives. Although Veye takes the utmost care to ensure accuracy of the content and that the information is gathered and processed from reliable resources, we strongly recommend that you seek professional advice from your financial advisor or stockbroker before making any investment decision based on any of our recommendations. All the information we share represents our views on the date of publishing as stocks are subject to real time changes and therefore may change without notice. Please remember that investments can go up and down and past performance is not necessarily indicative of future returns. We request our readers not to interpret our reports as direct recommendations. To the extent permitted by law, Veye Pty Ltd excludes all liability for any loss or damage arising from the use of this website and any information published (including any indirect or consequential loss, any data loss, or data corruption) (as mentioned on the website www.veye.com.au), and confirms that the employees and/or associates of Veye Pty Ltd do not hold positions in any of the financial products covered on the website on the date of publishing this report. Veye Pty Ltd hereby limits its liability, to the extent permitted by law to the resupply of services.
