Redbank second Australian campus proposal
Company: IREN
The claim, verbatim
IREN proposed Redbank, a second Australian campus, which is still in preliminary planning and does not yet have a secured grid connection or financing.
Source (primary)
CoreWeave Drops 6% as Debt Worries Linger; IREN Falls 4%, Nebius Slips - 24/7 Wall St. (-, news_article)
View cached copy (2026-10-17)Live source ↗
Quote: “On Thursday, IREN proposed Redbank, a second Australian campus still in preliminary planning without a secured grid connection or financing.”
How we checked this
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Additional evidence
confirms CoreWeave Drops 6% as Debt Worries Linger; IREN Falls 4%, Nebius Slips - 24/7 Wall St.
Quote: “On Thursday, IREN proposed Redbank, a second Australian campus still in preliminary planning without a secured grid connection or financing.”