Latest Critical Metals News

Krakatoa Resources secures $1.3 million via placement to fund a maiden diamond drilling campaign at its Zopkhito Project in Georgia, aiming to upgrade foreign resource estimates to JORC standards.

Critical Metals Corp has landed a conditional US$120 million funding letter from the US Export-Import Bank to advance its Tanbreez rare earth project in Greenland, a move that could reshape Western critical minerals supply chains.

Meteoric Resources has partnered with MTM Critical Metals to apply innovative Flash Joule Heating technology, significantly upgrading the value of rare earth elements from its Brazilian Caldeira Project. This collaboration aims to create a scalable supply of critical magnetic rare earths for Western industries.

MTM Critical Metals and Meteoric Resources have signed a non-binding MOU to develop a breakthrough Flash Joule Heating process that upgrades rare earth elements from Meteoric’s Caldeira project, promising a faster, cleaner alternative to traditional refining.

Verity Resources has commenced an auger drilling program at its Pimenta Project in Brazil, targeting a 20km mineralised zone rich in rare earth elements, gallium, and titanium. Early surface sampling suggests the potential for a significant critical metals discovery.

Nimy Resources reports impressive high-grade gallium assay results from initial Phase 2 drilling at its Block 3 project in Western Australia, reinforcing its potential as a standalone gallium source.

Southern Cross Gold Consolidated Ltd reports exceptional high-grade gold and antimony results from its Sunday Creek project, including a remarkable 3.9-meter intercept grading 124.6 g/t gold and assays reaching 2,110 g/t. The findings validate the company's systematic infill drilling strategy and reveal new mineralized zones, enhancing the project's strategic value amid global antimony supply constraints.

Octava Minerals reports encouraging early-stage bioleaching results from CSIRO on its Byro REE and lithium project, signaling potential for cost-effective and environmentally friendly metal extraction.

St George Mining has initiated a 10,000-metre drilling program at its Araxá Project in Brazil, aiming to significantly grow its already substantial rare earths and niobium resource. The campaign combines multiple drilling techniques alongside a high-resolution airborne magnetic survey to unlock further mineral potential.

Blaze Minerals has announced promising initial diamond drilling results from its Ntungamo Project in Uganda, confirming a new discovery of critical minerals Gallium and Rubidium. These findings validate the company’s exploration thesis and set the stage for further work.

Patriot Battery Metals has confirmed pollucite as the primary caesium host mineral at its Shaakichiuwaanaan Property, revealing significant caesium mineralization at the Vega and Rigel zones. The company plans to include caesium in its next Mineral Resource update and is exploring its potential as a valuable by-product alongside lithium, tantalum, and gallium.

Rapid Critical Metals is dramatically increasing its land position adjacent to the Webbs Silver Project, aiming to unlock new silver discoveries and expand existing resources with a significant exploration push.