Latest Critical Metals News

A takeover premium blew the doors off the Materials board this week, while one discounted equity raise did the opposite. Uranium names kept climbing on real production progress, and rare earths stayed in favour as governments and buyers circle supply.

A takeover offer lit up small caps, while one high-growth software name slid hard despite strong sector news. Resources dominated the winners list, but investors still punished dilution and discounted fundraisings.

Resolution Minerals is fast-tracking development of the historic Golden Gate Tungsten Mine in Idaho, leveraging expert geological insight and acquiring a nearby processing mill and stockpiles amid soaring tungsten prices.

Albright Metals has completed a key diamond drilling program at its Golden Pike Project in Canada and initiated antimony drilling at Bond Road, supported by a successful $1.98 million capital raise.

Verity Resources has reported outstanding metallurgical test results from its Korong deposit, achieving an average gold recovery of 92.75%, reinforcing confidence in the Monument Gold Project’s pathway to mining.

Pivotal Metals has raised $5.4 million, including $1.1 million in non-dilutive funding, to ramp up exploration across its Québec copper, gold, PGM, and nickel projects, unveiling multiple high-priority drill targets and advancing resource optimisation at Horden Lake.

Legacy Minerals advances its flagship Mt Carrington Project with an expanded scoping study and confirms high-grade mineralisation, while securing a significant farm-in joint venture option with Rio Tinto for the Thomson Project.

European Lithium has sold 5 million shares in Critical Metals Corp for about A$124 million, significantly increasing its cash reserves while retaining a substantial investment valued at over A$1.2 billion.

EV Resources has secured $600,000 from the sale of its Khartoum Project, redirecting funds to kickstart a maiden drilling campaign at its Los Lirios Antimony Project in Mexico, aiming to define a JORC resource by Q3 2026.

Metallium Limited has raised A$75 million in a strategic capital round led by U.S. institutional investors, accelerating its commercial operations in Texas and setting the stage for a NASDAQ listing later this year.

St George Mining has extended its strategic alliance with US rare earths processor REalloys to finalise potential offtake agreements for high-grade rare earths from the Araxá Project in Brazil. This move aligns with US efforts to build independent rare earth supply chains critical for defence and green technologies.

Resolution Minerals is fast-tracking development of its historic Golden Gate Tungsten Mine in Idaho, leveraging expert geological insight and acquiring critical processing infrastructure to capitalise on soaring tungsten demand.