Latest Critical Metals News

Heavy Rare Earths Limited is set to commence a 2,500-metre maiden drilling campaign at its South Ridge tin prospect within the Prospect Hill Project, aiming to define a maiden Mineral Resource Estimate by late Q2 2026.

Venari Minerals has revised its Exploration Target for the Red Mountain Lithium Project in Nevada, revealing a potential lithium resource up to 18.6 million tonnes of Lithium Carbonate Equivalent. The company plans extensive drilling and sampling in 2026 to expand and upgrade this promising resource.

Trek Metals has raised $15 million through a strongly supported share placement to fund a major drilling campaign at its promising Kuro manganese discovery in Western Australia’s Kimberley region.

Silver Mines Limited has secured land access to the Coomber Silver Prospect, reviving exploration on a site with significant historic silver intercepts. The company is advancing reconnaissance work to unlock the potential of this largely underexplored caldera near its flagship Bowdens Silver Project.

Terrain Minerals is progressing key drilling campaigns across its Western Australian and Queensland projects, aiming for a maiden JORC resource at its Lightning gold-silver prospect by mid-2026. The company’s diversified portfolio also includes critical metals like gallium, lithium, copper, and rare earth elements.

American West Metals has commenced a significant diamond drilling program at its West Desert Project in Utah, aiming to grow the largest indium resource in the US and explore high-grade critical metals including gallium and copper.

Axel REE is fast-tracking field recovery trials at its Caladão Project, leveraging proven in situ recovery methods and a rare gallium resource to position itself uniquely in the critical minerals space.

South32 Limited reported a 29% rise in profit for the half year ended December 2025, driven by higher base and precious metals prices and solid operational performance. The company declared a fully-franked interim dividend and maintained its FY26 production guidance, while advancing key projects and managing portfolio transitions.

Golden Deeps Ltd has intersected strongly mineralised copper-zinc zones below high-grade gossans at its Graceland Prospect in Namibia, revealing promising ‘Tsumeb-type’ sulphide targets. New geophysical surveys have identified multiple chargeability anomalies, setting the stage for deeper drilling campaigns.

Terra Metals has confirmed a substantial new titanium-vanadium-gallium mineralised system at its Southwest Prospect, dramatically expanding the Dante Project’s resource potential with critical metals now in focus.

Podium Minerals has appointed mining heavyweight Neal Froneman as Non-Executive Chairman, alongside key executive promotions, setting the stage for accelerated development of its Parks Reef PGM Project in Western Australia.

Axel REE Limited reports breakthrough metallurgical test results from its Caladão Project in Brazil, achieving over 96% recovery of magnetic rare earth oxides using hydrochloric acid leaching. This milestone supports a dual-path development strategy combining low-cost in situ recovery with a longer-term acid leach option.