Latest Critical Minerals Funding News

Arafura Rare Earths has locked in binding cornerstone equity agreements worth approximately A$230 million with German and Australian government-backed funds, advancing the financing of its Nolans Rare Earths Project.

Bayan Mining and Minerals has secured membership in the U.S. Defense Industrial Base Consortium, opening doors to strategic partnerships and funding for its rare earth technologies, including a patented yttrium upgrade process. This move positions Bayan at the forefront of efforts to secure critical mineral supply chains vital to U.S. national security.

Ardea Resources’ subsidiary Kalgoorlie Nickel Pty Ltd has received conditional, non-binding letters of support from Export Finance Australia and the US Export-Import Bank for up to AUD 1 billion in financing for its Goongarrie Hub nickel-cobalt project.

Nimy Resources reveals a significant extension to its Block 3 gallium deposit in Western Australia, with a high-resolution magnetic survey indicating a 3.5km strike beyond the current resource boundary. The company is also advancing metallurgical test work and seeking federal funding to support development.

Green Technology Metals (ASX, GT1) has made significant strides in its Seymour Lithium Project with a successful $4.5 million capital raise, appointment of Altris Engineering for DFS completion, and a 45% reduction in project footprint. These developments come as lithium prices surge, positioning GT1 to become Ontario’s first lithium producer.

Viking Mines has entered a binding agreement to acquire six high-grade tungsten projects in Nevada, backed by a strategic investment from American Tungsten Corp and a $4.29 million capital raise. The acquisition marks a significant expansion into the critical US tungsten market amid rising global demand.

Carnaby Resources has reported a 10% increase in its Greater Duchess Copper Gold Project resource, completed full ownership of the JV, and is advancing its pre-feasibility study with strong cash backing and promising drill results.

Iltani Resources has announced a maiden JORC Mineral Resource Estimate for its Orient East Silver-Indium deposit, alongside a significant $8 million investment from Queensland Investment Corporation’s Critical Minerals Fund to accelerate project development.

RareX Limited has completed heritage clearance at its Khaleesi Project, paving the way for a 3,000m drill campaign targeting extensive high-grade gallium-rich clays and rare earth mineralisation in early 2026.

Locksley Resources has partnered with Columbia University to develop cutting-edge, sustainable technologies for rare earth and critical mineral processing in the US, advancing its Mine-to-Market strategy amid growing government support.

Red Mountain Mining has secured approval to list on the US OTCQB market, with trading set to begin on November 17, 2025. The move enhances liquidity and positions the company to leverage US government funding for its critical minerals projects.

Great Northern Minerals has taken a significant step toward advancing its Catalyst Ridge rare earth project by securing an exclusive option to license a patented flotation technology from the University of Arizona, promising improved recovery and lower processing costs.