Latest Critical Minerals Sector News

Nico Resources Limited reports steady progress on its flagship Wingellina nickel-cobalt project, highlighted by successful metallurgical testwork and Major Project Status recognition, despite cautious spending amid weak market conditions.

Warriedar Resources has reported a significant leap in antimony concentrate grade from its Ricciardo deposit, achieving 49% Sb with over 80% recovery. The company is progressing towards a maiden antimony Mineral Resource Estimate expected by late Q1 2025.

OD6 Metals has completed the acquisition of the historic Gulf Creek Copper Project in New South Wales, positioning itself to unlock significant copper potential using modern exploration techniques.

Arafura Rare Earths has locked in a A$200 million convertible note investment from the National Reconstruction Fund Corporation, marking a pivotal step toward developing Australia's first ore-to-oxide rare earths processing operation at Nolans.

Megado Minerals has secured an agreement to acquire an 80% stake in a significant copper project in Spain and entered a strategic exploration deal for rare earths in the US, positioning itself at the forefront of critical minerals supply.

Chilwa Minerals has reported compelling geochemical results from initial soil sampling at its Lake Chilwa project, revealing significant concentrations of niobium and rare earth elements. These findings bolster the company's dual exploration strategy and set the stage for accelerated drilling campaigns.

Peninsula Energy has appointed George Bauk as its new Managing Director and CEO, marking a strategic leadership transition aimed at capitalising on a resurging uranium market and expanding production at the Lance Project.