Latest Critical Minerals Sector News

WA1 Resources has announced a significant update to its Luni niobium deposit, increasing total tonnage by 10% and adding a substantial Indicated resource component, reinforcing its status as a world-class discovery.

Red Mountain Mining reports exceptional antimony assay results up to 28.34% Sb from its Armidale project, highlighting a promising orogenic mineral system with further exploration underway.

Enova Mining advances its CODA Central project in Brazil with six auger holes completed, targeting promising titanium and rare earth mineralisation. Assay results are anticipated by late July, alongside ongoing metallurgical testing to unlock processing pathways.

South Harz Potash Limited has launched a two-tranche equity raising to secure up to A$3.11 million, aiming to advance its dual-asset strategy and strengthen its position in the European potash market.

Blackstone Minerals has completed its acquisition of IDM International, gaining full control of the Mankayan copper-gold project in the Philippines. The scheme of arrangement is now effective, marking a significant expansion of Blackstone’s Southeast Asia portfolio.

Critical Metals Corp has landed a conditional US$120 million funding letter from the US Export-Import Bank to advance its Tanbreez rare earth project in Greenland, a move that could reshape Western critical minerals supply chains.

Blackstone Minerals has received Supreme Court approval to acquire IDM International, gaining control of the significant Mankayan copper-gold project in the Philippines. The scheme is set to become effective mid-June, marking a strategic expansion for Blackstone in Southeast Asia's critical minerals sector.

Meteoric Resources has partnered with MTM Critical Metals to apply innovative Flash Joule Heating technology, significantly upgrading the value of rare earth elements from its Brazilian Caldeira Project. This collaboration aims to create a scalable supply of critical magnetic rare earths for Western industries.

James Bay Minerals has commissioned a scoping study to explore near-surface oxide gold development at its Independence Project in Nevada, targeting a low-capex open-pit heap leach operation. The project also holds a substantial high-grade skarn gold resource, hinting at significant future growth potential.

Viridis Mining and Minerals has been selected for a major Brazilian government funding package to accelerate its Colossus rare earth elements project, marking a pivotal step in diversifying global critical mineral supply chains.

Terra Metals has raised $4 million through a strategic placement, attracting heavyweight investors to accelerate exploration at its Dante Project in Western Australia.

EV Resources Limited has finalized its acquisition of a 70% interest in the Los Lirios Antimony Mine in Oaxaca, Mexico, marking a strategic move to bolster critical mineral supply in the Americas. The company is advancing ore testing and plans to develop processing capabilities aligned with local community priorities.