Latest Critical Minerals Supply News

Vital Metals has raised A$12.47 million in the second half of 2025 to fund its Tardiff Pre-Feasibility Study, underpinning the development of its high-grade rare earths project in Canada. The strong investor backing follows a robust July 2025 Scoping Study highlighting significant economic potential.

Viking Mines has entered a binding agreement to acquire six high-grade tungsten projects in Nevada, backed by a strategic investment from American Tungsten Corp and a $4.29 million capital raise. The acquisition marks a significant expansion into the critical US tungsten market amid rising global demand.

Nimy Resources has announced a maiden JORC Inferred Resource for high-grade gallium and rare earth elements at its Mons Project in Western Australia, marking a significant step towards becoming a key supplier in critical minerals.

Felix Gold has transitioned from exploration to development with a metallurgical breakthrough producing military-grade antimony and is advancing pilot plant operations and government funding applications to meet US military demand.

Vanadium Resources Limited is advancing its Steelpoortdrift Vanadium Project with a new CEO and a sharpened focus on near-term cash flow and critical mineral markets in the US and EU.

Latitude 66 Limited has secured an 80% stake in the Laverton Gold Project, delivering promising initial drilling results that highlight significant gold mineralisation and potential for rapid resource growth.

Ionic Rare Earths has advanced its global rare earths strategy with a key US partnership, significant UK government funding, and progress in Brazil and Uganda, positioning itself as a critical player in sustainable magnet recycling and heavy rare earth supply.

Osmond Resources has reported exceptional initial drilling results from its Orión EU Critical Minerals Project in Spain, advancing towards a maiden Mineral Resource Estimate and Scoping Study in 2026. A recent $6.6 million placement boosts the company’s cash position to over $8.5 million, underpinning further development.

Pinnacle Minerals has advanced its strategic pivot to North American critical minerals exploration, initiating fieldwork across multiple US projects and securing a strong cash position of approximately A$2.8 million.

Mandrake Resources advances its Utah Lithium Project with a significant 3.3Mt lithium carbonate equivalent inferred resource, alongside key agreements for lithium offtake and uranium recovery.

Pantera Minerals has completed a $40 million divestment of its Smackover Lithium Project, pivoting strategically into U.S. critical minerals with a major land acquisition in Arkansas. The company’s strengthened balance sheet and expanded U.S. market presence set the stage for accelerated growth.

EV Resources has reported impressive high-grade assays from its Milton Antimony Project in Nevada, revealing significant antimony, copper, and silver mineralisation and setting the stage for detailed follow-up exploration.