Latest Commercial Agreements News

Red Sky Energy has officially begun drilling at its Killanoola-2 well in South Australia, marking a significant step in advancing its oil project with promising resource potential and commercial partnerships.

VRX Silica Limited has secured four binding offtake contracts for 410,000 tonnes per annum of silica sand from its Arrowsmith North project, representing nearly half of its initial production capacity and marking a significant commercial milestone.

ABx Group is set to begin drilling at its T8 Rare Earths discovery in northern Tasmania, targeting expansion of high-grade dysprosium and terbium mineralisation critical for advanced technologies.

Iondrive Limited has inked a binding term sheet with LAT66 Limited to apply its innovative Deep Eutectic Solvent technology to cobalt-rich concentrates from Finland’s Kuusamo projects, marking a strategic step beyond battery recycling into primary mineral processing.

PMET Resources has completed a positive lithium-only feasibility study for its Shaakichiuwaanaan Project in Quebec, confirming technical and economic viability for a large-scale spodumene concentrate operation with a targeted final investment decision in 2027.

Viridis Mining and Minerals has secured a prime site and finalized key contracts for its Rare Earth Research and Processing Centre in Brazil, positioning itself as a critical Western-aligned rare earth supplier amid tightening Chinese export controls.

NH3 Clean Energy updates investors on the WAH2 clean ammonia project, highlighting strong market potential, strategic partnerships, and robust project economics as it moves toward a Final Investment Decision.

Macro Metals Limited confirms key permitting milestones and advances offtake negotiations for its Extension Iron Ore Project, targeting construction readiness by late 2026.

Caravel Minerals has taken a major step forward by securing a preliminary grid connection offer from Western Power, paving the way for reliable, low-cost power at its Caravel Copper Project.

Vanadium Resources Limited has appointed mining entrepreneur Nick Diack as CEO to spearhead the transition of its Steelpoortdrift Vanadium Project towards near-term production, signaling a strategic shift backed by strong industry expertise and performance-linked incentives.

Tamboran Resources' Beetaloo Joint Venture has reached a Final Investment Decision for the Shenandoah South Pilot Project, setting the stage for first gas sales by mid-2026. The project secures key commercial agreements and financing, marking a pivotal shift from exploration to production.

Estrella Resources has secured all approvals to begin maiden drilling at its Werumata limestone project, targeting a substantial 500 million tonne resource near key infrastructure in Timor-Leste.