Alurion Resources Limited is an Australian mineral exploration company primarily engaged in the development of the Amargosa Bauxite-Gallium Project located in Bahia, Brazil. Established as a subsidiary of Brazilian Rare Earths Limited (ASX: BRE) after a demerger, Alurion aims to focus solely on the advancement of bauxite and critical minerals. In July 2026, Alurion raised about A$50 million through an IPO on the Australian Securities Exchange (ASX), issuing 47,619,048 shares at A$1.05 each to fund project development, including land acquisitions and technical studies. The Amargosa Bauxite-Gallium Project has a JORC-compliant resource of 568 million tonnes and a scoping study estimated a net present value (NPV) of US$630 million, indicating significant potential in the bauxite and gallium sectors. Alurion is listed on the ASX under the ticker "ALU."
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Alurion Resources Limited's offering is currently expected on ASX. The expected date is Jul 31, 2026. Shares are expected to be offered at $0.68, for a total offer size of $33M. The proposed ticker is ALU. Underwriters on the deal include Not underwritten. Canaccord Genuity (Australia) Limited and Petra Capital Pty Ltd (Joint Lead Managers). Alurion Resources Limited is headquartered in Australia. It is classified under Mineral exploration company.
Alurion Resources Limited is expected to list on Jul 31, 2026.
Alurion Resources Limited is listing on ASX.
Alurion Resources Limited's offering is expected to raise $33M.
Alurion Resources Limited's proposed ticker is ALU.
Alurion Resources Limited is an Australian mineral exploration company primarily engaged in the development of the Amargosa Bauxite-Gallium Project located in Bahia, Brazil. Established as a subsidiary of Brazilian Rare Earths Limited (ASX: BRE) after a demerger, Alurion aims to focus solely on the advancement of bauxite and critical minerals. In July 2026, Alurion raised about A$50 million through an IPO on the Australian Securities Exchange (ASX), issuing 47,619,048 shares at A$1.05 each to fund project development, including land acquisitions and technical studies. The Amargosa Bauxite-Gallium Project has a JORC-compliant resource of 568 million tonnes and a scoping study estimated a net present value (NPV) of US$630 million, indicating significant potential in the bauxite and gallium sectors. Alurion is listed on the ASX under the ticker "ALU."
Australian Securities Exchange upcoming floats and listings. Retrieved Aug 2, 2026.
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