Latest Critical Minerals Supply Chain News

PMET Resources has secured crucial non-binding letters of support from Export Development Canada and Germany’s KfW IPEX-Bank, marking a key step toward financing its Shaakichiuwaanaan critical minerals project in Quebec ahead of an updated feasibility study.

Australia’s Treasurer has mandated six foreign shareholders to divest nearly 18% of Northern Minerals shares by early July, citing national security under the Foreign Acquisitions and Takeovers Act. Northern Minerals supports the move as vital for aligning with Australia’s strategic interests and advancing its Browns Range rare earths project.

Anson Resources' scoping study for its Green River Lithium Project in Utah reveals first quartile operating costs and a clear development pathway targeting 10,000 tonnes per annum lithium carbonate production by 2029.

American Tungsten & Antimony Ltd (ASX: AT4) has raised A$10 million through a strongly supported placement and secured a 40% Utah state tax credit, underpinning its strategy to develop a domestic US supply chain for tungsten and antimony ahead of a planned Nasdaq listing.

Dalaroo Metals has secured government approval for two key exploration licences, significantly enlarging its Blue Lagoon Project in Greenland and reinforcing its position in a critical minerals hotspot.

Nelson Resources has staked 186 federal claims forming the Cinnamon Property in Nevada, directly adjoining Guardian Metal's Pilot Mountain tungsten project, positioning itself in a critical US mineral district amid soaring tungsten prices and supply concerns.

Locksley Resources has secured an option to acquire the Iron Duke Copper & Gold Project in NSW, enhancing its district-scale strategy near Tottenham with high-grade mineralisation and multiple drill-ready targets.

Nelson Resources has staked 186 claims forming the Cinnamon Property in Nevada, next to Guardian Metal's Pilot Mountain tungsten project, positioning itself in a strategic US critical minerals district amid soaring tungsten prices and supply concerns.

Bayan Mining and US Critical Materials have signed a non-binding MoU to develop rare-earth processing technologies licensed from the Colorado School of Mines, targeting high-grade mineralisation at the Sheep Creek Project in Montana. The collaboration aims to support a US-based rare earth supply chain with potential strategic investment on the horizon.

Arafura Rare Earths has secured a binding offtake term sheet with Traxys North America to supply 500 tonnes per annum of NdPr oxide, underpinning its Nolans Project and supporting US critical minerals supply chains.

Evion Group has secured an exclusive option to acquire a high-grade fluorspar project in Nevada, complementing its graphite assets and supported by a $6.5 million capital raise to fund US expansion and exploration.

American West Metals has published a detailed JORC 2012-compliant Mineral Resource Estimate for its West Desert Zinc-Copper-Indium-Magnetite Project in Utah, affirming solid resource continuity and robust sampling techniques.