Latest Critical Minerals Market News

Octava Minerals (ASX:OCT) has completed its acquisition of the Byro Critical Minerals Project in Western Australia, issuing over 8.5 million shares and 2 million performance rights to vendors, subject to escrow and milestone conditions.

The Environmental Group’s TAPC division has secured a significant A$9 million contract to supply emissions control technology for a key rare earth project in Angola, marking a strategic move into the critical minerals sector.

Perpetual Resources has secured a significant tungsten exploration package in Brazil’s Seridó Mineral Province, aiming to capitalise on rising demand for this critical mineral amid global supply constraints.

EV Resources has begun refurbishing its Tecomatlán Processing Plant in Mexico, marking a pivotal shift from exploration to near-term antimony production amid tightening global supply. The company aims to leverage this low-cost, staged approach to secure a first mover advantage in the critical minerals market.

Atlantic Lithium secures a crucial green light from Ghana’s Parliament for its Ewoyaa Lithium Project, marking a key step towards production and investment decisions.

OD6 Metals has significantly expanded its claim holdings around the Quinn Fluorspar Project in Nevada, securing promising new exploration targets including the large Dresser epithermal alteration zone. This move strengthens its position in a critical mineral district vital to US supply chains.

Gold Mountain Limited reports robust high-grade rare earth mineralisation at its Capivara Prospect in Brazil, with assay results confirming significant shallow deposits and promising magnet rare earth oxide ratios. The company is advancing towards resource definition drilling and metallurgical testing.

Fortuna Metals reports exceptional rutile intercepts from initial drilling at its Mkanda project in Malawi, revealing extensive high-grade mineralisation starting at surface. The company plans a focused resource drilling campaign in Q2 2026 to advance towards a maiden inferred resource estimate.

New Frontier Minerals has confirmed significant high-grade tungsten mineralisation at its Harts Range Project in the Northern Territory, complementing its rare earth focus and capitalising on a soaring tungsten market. Meanwhile, its Pomme Rare Earth Project in Quebec advances with promising metallurgical testing underway.

Olympio Metals has secured binding agreements to acquire two historically high-grade silver and antimony projects in the US, backed by a $3 million capital raise including vendor participation.

EV Resources has partnered with U.S.-based MineMaker LLC to accelerate its antimony projects in Mexico and Nevada, aiming to become a key supplier to North America’s critical minerals market.

Australian Vanadium Limited has broadened its Optimised Feasibility Study to include high purity vanadium products aimed at aerospace, defence, and advanced manufacturing sectors, aligning with evolving critical minerals demand without delaying project timelines.