Latest Critical Materials News

Kinterra Capital has raised its takeover offer for New World Resources to A$0.066 per share, making the bid unconditional and signaling a possible further increase if it secures a 30% stake.

Kinterra Capital has lodged a formal review application against the Takeovers Panel’s earlier ruling involving New World Resources, signaling potential shifts in the ongoing corporate governance saga.

Almonty Industries has successfully priced a US$90 million upsized public offering and commenced trading on the Nasdaq, positioning itself as a key tungsten supplier for U.S. defense needs.

Ionic Rare Earths’ UK subsidiary, Ionic Technologies, has won £11 million in government funding to spearhead a pioneering rare earth permanent magnet supply chain for electric vehicles, aiming to reduce UK dependence on Chinese exports and boost domestic EV manufacturing.

Kinterra Capital has increased its takeover offer for New World Resources Limited to A$0.064 per share and extended the acceptance deadline to July 17, signaling renewed confidence in securing control.

Victory Metals has secured critical U.S. federal government approval, enabling direct engagement with the Department of Defence and access to substantial funding to advance its heavy rare earths project in Western Australia.

Li-S Energy has successfully produced Australia’s first lithium metal foils ahead of schedule at its Geelong facility, marking a major step in domestic battery manufacturing and supply chain sovereignty.

Osmond Resources has significantly expanded its Orion EU Critical Minerals Project by 160%, with promising assay results and a planned drilling program to confirm mineral continuity. The company is positioning itself to benefit from strong EU demand for rare earths, titanium, and silicon metals.

Kinterra Capital GP Corp. II has increased its takeover offer for New World Resources Limited to A$0.062 per share, presenting shareholders with a superior all-cash proposal compared to rival Central Asia Metals Plc. The offer, backed by Kinterra’s 19.3% stake, aims for full ownership and potential delisting of NWR.

South Harz Potash Limited has launched a two-tranche placement and a rights issue to raise over A$3 million, aiming to accelerate development of its German potash assets amid mixed funding prospects.

New World Resources Limited has agreed to a Takeovers Panel undertaking restricting share issuance to Central Asia Metals PLC pending regulatory proceedings. This move follows an application by Kinterra Capital and could influence the company’s capital raising plans.

Kinterra has increased its takeover offer for New World Resources to A$0.062 per share, positioning its bid as superior and less conditional than rival Central Metals Asia’s scheme proposal. With a significant stake and strategic moves underway, the battle for NWR ownership intensifies.