Latest Critical Minerals Sector News

EQ Resources has finalized a US$7.5 million royalty funding agreement with Oaktree Capital Management to support its Barruecopardo tungsten project, while major shareholder Cronimet Asia converts a US$3 million offtake prepayment into equity, strengthening the company’s capital position.

Patriot Battery Metals has reported a significant mineral resource upgrade at its Shaakichiuwaanaan Property, reaffirming its position as a leading lithium and caesium explorer. The company also progressed its lithium-only feasibility study and environmental assessments while maintaining a strong financial position.

West Cobar Metals’ recent drilling at the Fraser Range Project reveals significant rare earth elements, titanium dioxide, and scandium, expanding the potential of its adjoining Salazar Critical Minerals Project.

Core Energy Minerals reports significant rare earth element assay results from initial soil sampling at its Tunas Project in Brazil, with peak TREO values nearing 3,000ppm. The company is set to launch systematic auger drilling to define future targets.

James Bay Minerals has reported significant high-grade gold and silver mineralisation extensions at its Independence Project in Nevada, challenging previous resource boundaries and prompting a strategic shift in exploration focus.

Litchfield Minerals has successfully raised $500,000 through a targeted placement and is launching a $1 million Security Purchase Plan to fund upcoming drilling campaigns and working capital needs.

Trigg Minerals has disclosed a significant acquisition of the Tennessee Mountain tungsten project in Nevada, explaining recent unusual trading activity in its shares. The company confirms compliance with ASX disclosure rules and plans a full announcement before market open on August 7, 2025.

Liontown Resources has secured approximately A$266 million through a fully underwritten institutional placement, complemented by a share purchase plan, to accelerate the transition of its Kathleen Valley lithium project to 100% underground mining by Q3 FY26. This capital raising strengthens the company’s balance sheet amid challenging lithium market conditions.

Liontown Resources launches a fully underwritten A$266 million placement, anchored by a A$50 million cornerstone investment from the National Reconstruction Fund Corporation, to bolster its balance sheet and support growth at Kathleen Valley.

Locksley Resources has completed an oversubscribed capital raising and appointed Tribeca Capital to drive its U.S.-focused critical minerals strategy, targeting rare earths and antimony supply chains aligned with government initiatives.

OD6 Metals reports significant metallurgical advancements at its Splinter Rock Rare Earth Project, integrating Ion Exchange technology to enhance impurity removal and increase recovery rates. These improvements promise to materially improve project economics and broaden market appeal.

Rumble Resources has unveiled multiple high-grade tungsten intersections at its Western Queen Project, with a maiden tungsten resource estimate expected soon. This discovery complements an already significant gold resource, positioning the project as a critical minerals hotspot amid tightening global tungsten supply.