Latest Critical Minerals Development News

Critical Resources has bolstered its Mavis Lake lithium project by staking new claims at the Red Hat gold target in Ontario, spotlighting a historical high-grade gold intercept that sharpens exploration focus.

IRIS Metals has appointed Simon Iacopetta as Strategic Advisor and promoted Chris Evans to Executive Chairman, signalling a sharpened focus on expanding its critical minerals portfolio in North America.

Jindalee Lithium is pushing ahead with its McDermitt Lithium Project in the US, securing shareholder approval for a NASDAQ listing via US Elemental and raising $10.9 million to fund drilling and testwork. The project aims to deliver both lithium and magnesium, aligning with US critical minerals priorities.

Canadian Phosphate Limited has completed its acquisition of the Diamond Mountain Phosphate Project in Utah, adding a significant 49.9 million tonne phosphate resource to its portfolio. The company plans extensive exploration to validate and upgrade the resource to JORC standards, positioning itself for growth in North American fertiliser and battery markets.

Silver Mines has confirmed robust economics for its Bowdens Silver Project, boosting ore reserves to 93.5 million ounces and outlining a 26-year mine life with a $455 million capital cost estimate.

PMET Resources has achieved over 97% caesium extraction from pollucite concentrate using sulphuric acid leaching at SGS Canada, while parallel proprietary testwork with Koch Technology Solutions advances value-added caesium chemical pathways.

Terra Metals has extended its Southwest Main Sulfide Corridor at the Dante Project, defining a vast PGM-Cu-Ni-Co system open in all directions and starting near surface, boosting prospects for early-stage mining.

Sunrise Energy Metals pushed forward its Syerston Scandium Project with key permitting, FEED study progress, and a Concept Level Study for tripling scandium oxide output. The company also made a strategic US$5 million investment in Agni Semiconductor, signalling a pivot into downstream scandium-enabled technologies.

Temas Resources has filed a new patent for its proprietary Regenerative Chloride Leach (RCL) process targeting vanadium extraction, broadening its critical minerals technology portfolio and reinforcing its commercial licensing ambitions.

Venari Metals has agreed to sell its Georgina Basin IOCG Project in the Northern Territory to UK-listed Alien Minerals, marking a strategic shift towards its lithium and critical metals operations in Nevada. The deal includes cash, equity, and a technical services agreement, but will trigger a significant accounting loss.

Jindalee Lithium’s US subsidiary, HiTech Minerals, has partnered with environmental nonprofit RESOLVE to investigate a voluntary stewardship area around its McDermitt Lithium Project, aiming to balance responsible lithium development with conservation efforts.

Tāiko Critical Minerals has locked in a key 304-hectare land parcel for its Barrytown project with an $18 million conditional purchase, clearing a major hurdle towards mining and production targets.