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Basin Energy’s Newmans drilling opens a bigger rare earth story

12:04pm on Monday 28th of September, 2026 AEST • Mining and Metals
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Basin Energy’s Newmans drilling opens a bigger rare earth story

12:04pm on Monday 28th of September, 2026 AEST
Key Points
  • 3.3 km Newmans magnet rare earth corridor defined
  • Best result of 24m at 453 ppm MREO
  • Sybella-Barkly project expanded to about 5,864 km²
  • A$1.66 million annual loss and A$1.12 million cash
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