The firm has sold 232.54 million shares in the IPO, at HK$15.80 a share.
The Australian firm plans to start production at the Lance Projects in US in first quarter of next year.
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Denarius will initially have an option to subscribe for a 51% stake in EMI, which owns the Toral zinc/lead/silver project in Spain.
The proposed plant is scheduled to be commissioned in 2024.
The firm plans to start construction on the Fairhill and Wilton coal mines in early 2023.
Over the next 12 months, Montage plans to focus on district exploration to expand the Koné Gold Project.
The definitive feasibility study confirmed the intention to build a mine in two phases.
The mining firm now plans to develop a larger-scale pilot plant to help decarbonise the steel value chain.
The combined company will own 510km² of landholdings in major gold districts in central Québec.
Trafigura will use funding to complete and expand a number of facilities and sites.
With the A$130m fund, the state seeks to position itself as a major global critical minerals’ supplier and processor.