GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
V

Vital Metals VML.AX · AUD

Materials · ASX · 🇦🇺 Australia

Compare

0.07

-8.64%

Close of 9 Nov 2026, in AUD

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

About Vital Metals

Its shares trade on ASX under the ticker VML.AX. It has been listed since 11 October 2005. In the fiscal year to 30 June 2025, it reported revenue of A$854,551 and a net loss of A$3.3m. At that date it held total assets of A$59.4m and shareholders' equity of A$55.9m.

Vital Metals Ltd. engages in the production and exploration of tungsten and gold mineral projects. The firm's segments include Australia, Canada, Burkina Faso and Tanzania. Its projects include Nechalacho Rare Earth and Wigu Hill Projects. The Nechalacho Project is a light rare earth (bastnaesite) project located at Yellowknife, Northwest Territories (NWT), Canada, where it commenced mining and development at the North T Zone. The Wigu Hill Project is a light rare earth element deposit and consists of a carbonatite complex with basalt-site mineralization and is located near Kisaki in the Morogoro region of Tanzania. The firm has entered into an agreement to acquire approximately 68% interest in Kipawa and 100% of Zeus heavy rare earth projects in Quebec, Canada.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Metals & Mining
Listed since
11 Oct 2005

Leadership

Pay as last reported

  • Mr. Richard CrookesNon-Executive Chairman of the Board
  • Ms. Lisa RileyChief Executive Officer, Managing Director, Executive Director, since 2022
  • Ms. Lara IacussoChief Financial Officer
  • Mr. Eben VisserChief Operating Officer
  • Ms. Louisa MartinoCompany Secretary
  • Mr. Michael BrookDirector
  • Mr. Zane LewisNon-Executive Director, since 2019A$6,667
  • Mr. Paul QuirkNon-Executive Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Vital Metals Ltd. has a strong presence in Australia, Canada, Burkina Faso, and Tanzania for mineral exploration.
  • The Nechalacho Project in Canada focuses on light rare earth elements with bastnaesite mineralization.
  • The Wigu Hill Project in Tanzania offers a carbonatite complex with basalt-site mineralization for rare earth elements.

Weaknesses

  • Vital Metals Ltd. faces challenges in the Nechalacho Project's North T Zone mining operations.
  • The Kipawa and Zeus projects in Quebec require significant capital investment for acquisition.
  • The firm's reliance on rare earth projects may limit diversification in mineral production.

Opportunities

  • The acquisition of Kipawa and Zeus projects in Quebec expands Vital Metals' heavy rare earth portfolio.
  • Vital Metals can leverage the Nechalacho Project's bastnaesite for growing rare earth demand.
  • The Wigu Hill Project in Tanzania presents potential for carbonatite complex development.

Threats

  • Vital Metals Ltd. must navigate regulatory challenges in Burkina Faso for mineral exploration.
  • The global market volatility affects tungsten and gold prices, impacting revenue.
  • Competition for rare earth projects in Canada and Tanzania may increase costs.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.