Latest Critical Minerals News

Turnstone Resources has moved A$25,000 of its A$1.1 million placement into the immediately available tranche, reducing the amount still dependent on shareholder approval. The company expects to settle the raising this week, with directors committing A$165,000 to the conditional tranche.

Tali Resources ended its first full year as an ASX-listed explorer with A$5.19 million in cash, a larger West Arunta exploration program and a A$1.48 million loss. The annual report also records a A$516,170 impairment after early drilling returned only moderately anomalous results, keeping the company firmly in the high-risk pre-discovery phase.

Iltani Resources has reported robust assay results from nine new drill holes at its flagship Orient Silver-Indium Project, confirming continuity and expansion potential across Orient East, West, and Vein One zones. The company targets a resource update in Q4 2026 to underpin a 2027 scoping study.

Central Asia Metals shareholders have greenlit the allotment of new shares to fund their acquisition of Cygnus Metals, marking a pivotal step in the takeover process. Bell Potter joins Morgans to help Cygnus shareholders navigate CREST accounts for trading post-scheme.

Axel REE has reported a major leap in metallurgical testwork at its Caladão Project in Brazil, achieving up to 95% gallium and 74% scandium extraction from a Tiger Creek composite sample. The results mark a significant step in developing alternative gallium recovery methods beyond traditional by-product sources.

Impact Minerals’ 50%-owned Alluminous project reveals a strong financial case for a staged US high purity alumina plant, projecting a post-tax NPV₈ of A$518 million and a 42.3% IRR under a modular development approach.

Australasian Metals has locked in a three-month exclusive option to acquire majority stakes in two promising lithium projects in Côte d'Ivoire, marking a strategic move into West Africa's emerging critical minerals scene.

Larvotto Resources has delivered strong assay results from Clarks Gully drilling, revealing multiple high-grade gold-antimony-tungsten zones and expanding the deposit's footprint at depth and southwards.

Iondrive Limited’s updated evaluation of its IONSolv™ technology projects a US$243 million post-tax NPV and US$62 million annual EBITDA for a single rare earth recovery module in the US, driven by high feedstock grade assumptions and independently validated recoveries.

OD6 Metals has significantly increased the Mammoth fluorspar target footprint at its Quinn Project in Nevada, revealing broad, high-grade mineralisation with assays up to 85.9% CaF2 and preparing for drilling to define the system's scale.

Lithium Universe’s Pre-Feasibility Study for its Brownsville Lithium Carbonate Refinery reveals robust economics and strategic US positioning, aiming to close North America’s lithium conversion gap.

Bayan Mining's patented ion-exchange technology demonstrated a 14-fold increase in yttrium concentration and a two-fold purity upgrade in independent bench-scale trials at the University of Queensland, highlighting commercial potential amid global supply disruptions.