Latest Rare Earths News

Peak Rare Earths has dismissed a $240 million acquisition proposal from General Innovation Capital Partners, reaffirming its commitment to Shenghe Resources’ $195 million scheme. The board cites concerns over GICP’s incomplete offer and regulatory uncertainties.

Northern Minerals has released its Definitive Feasibility Study for the Browns Range Heavy Rare Earth Project, confirming an 11-year production plan targeting 181,000 tonnes of rare earth concentrate. The project aims to establish a critical Australian supply chain for heavy rare earths in partnership with Iluka Resources.

Lindian Resources appoints Zekai Komur as Executive Director to spearhead delivery and expansion of its Kangankunde Rare Earths Project, with Stage 1 fully funded and construction progressing ahead of schedule.

Ionic Rare Earths has launched a $7 million capital raise through a renounceable rights issue and placement, aiming to accelerate its magnet recycling projects and expand operations internationally.

ABx Group has raised A$3 million through a well-supported share placement to advance its Deep Leads heavy rare earths project in Tasmania, aiming to complete key studies and expand exploration.

RareX Limited’s initial exploration at Mt Mansbridge reveals multiple high-grade heavy rare earth occurrences, including rock chips with up to 2.7% total rare earth oxides and exceptional heavy rare earth content. Soil sampling further confirms promising targets for future drilling.

St George Mining has formed a strategic alliance with US-based REAlloys Inc to advance the commercialisation of rare earths from the Araxá Project in Brazil, positioning itself within the growing US rare earths supply chain.

Sunrise Energy Metals has nearly doubled the scandium content at its Syerston Project, confirming it as the world’s largest and highest-grade scandium deposit. This comes as global supply tightens due to new Chinese export restrictions.

Lindian Resources has won shareholder approval for a A$91.5 million institutional placement, fully financing its Kangankunde Rare Earths Project through to first production targeted in late 2026.

Victory Metals has identified multiple ultra-high heavy rare earth oxide zones at its North Stanmore project, positioning it as a key future supplier amid soaring global prices. The company plans a major drilling campaign to expand these valuable zones while reducing processing volumes and costs.

Peak Rare Earths has secured an increased cash offer from Shenghe Resources, valuing the company at A$195 million. An independent expert confirms the revised scheme remains fair and reasonable for shareholders.

Shenghe Resources has increased its cash offer to acquire Peak Rare Earths to A$195 million, representing a significant premium and a best and final proposal. The Peak Independent Board Committee unanimously recommends shareholders support the scheme, pending an independent expert's endorsement.