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BMC Minerals eyes $500m valuation in ASX float

Nov 11, 2025 (The Australian Financial Review - ABIX via COMTEX) --

BMC Minerals is seeking to raise $100m via an IPO, with shares to offered to investors at between $1.90 and $2.30 apiece. BMC's assets include the Kudz Ze Kayah base metals project in Canada, which is expected to have an initial mine life of about nine years and produce copper, nickel and silver. BMC's CEO Michael McClelland says Kudz Ze Kayah has the potential to be a globally significant project across a range of commodities; he adds that most of the capital to be raised via the IPO will be used for further exploration at the project..

Publication Date: 12 November 2025

BMC MINERALS
comtex tracking

COMTEX_470188172/2229/2025-11-11T15:41:34

By Mark Wembridge

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