Latest Rare Earths News

Hastings Technology Metals has responded to an ASX price query, denying any undisclosed information behind its recent share price and volume spike, citing recent joint venture and asset sale announcements as likely drivers.

Power Minerals Limited has secured an option to acquire the Gamma Heavy Rare Earths Project in California, adjacent to the Mountain Pass Mine, backed by a $4.1 million placement to accelerate exploration.

Lindian Resources has successfully completed early development works at its Kangankunde Rare Earths Project in Malawi on time and within budget, setting the stage for mining operations to begin in early 2026. The company has also secured key mining equipment and is progressing with infrastructure and process plant preparations.

Ionic Rare Earths Limited’s IXRO securities have been suspended from ASX quotation due to non-compliance with listing rules, raising questions about the company’s regulatory standing.

Meteoric Resources has obtained crucial environmental consent to operate within the sensitive buffer zone of the Serra da Pedra Branca sanctuary, clearing a major hurdle for its Caldeira Rare Earth Project in Brazil.

Eclipse Metals has commenced mobilisation for its 2025 diamond drilling program at the Grønnedal Rare Earths Carbonatite Complex in Greenland, aiming to expand a significant rare earth mineral resource rich in critical magnet metals.

Arafura Rare Earths has completed the second tranche of its A$80 million capital raising, issuing over 51 million shares and raising approximately A$9.8 million. The company is also progressing a share purchase plan aimed at raising an additional A$5 million.

Brazilian Critical Minerals Ltd has raised A$6 million through a well-supported placement to fast-track its flagship Ema Rare Earths Project in Brazil, aiming to move closer to commercial production.

Critical Metals Corp has amended its agreement to increase its ownership of the Tanbreez Rare Earths Project in Greenland to 92.5%, issuing 14.5 million shares to the project founder’s company. European Lithium retains a 7.5% stake as the project advances toward production.

Prospech Ltd has successfully closed a fully subscribed $1.6 million rights issue, supplemented by a $546,750 follow-on placement, positioning the company to advance drilling and metallurgical programs in Finland and Slovakia.

Victory Metals has taken a significant step forward by signing a non-binding Letter of Intent with Sumitomo Corporation to supply heavy rare earths from its North Stanmore project, marking a deepening of their strategic partnership.

OD6 Metals has selected an innovative process flowsheet for its Splinter Rock Rare Earth Project, achieving approximately 75% recovery of key rare earths with superior product purity and optimized costs. This milestone sets the stage for advanced testing and mining studies as the company advances toward production.