Latest Critical Minerals Supply News

Prairie Lithium has secured a binding offtake agreement with Hydro Lithium for 100% of its Phase 1 lithium carbonate production, alongside a strategic AU$10 million equipment collaboration. This deal marks a significant milestone for Prairie’s Saskatchewan project, targeting first production in late 2026.

PMET Resources has submitted the Environmental and Social Impact Assessment for its Shaakichiuwaanaan CV5 Lithium Project, marking a pivotal step in securing regulatory approvals. This follows a positive feasibility study and extensive Indigenous engagement.

Since its October 2025 ASX IPO, Temas Resources has made significant strides in commercialising its proprietary metallurgical technology and advancing its Québec mineral projects, supported by solid financial reserves.

Arafura Rare Earths has locked in binding cornerstone equity agreements worth approximately A$230 million with German and Australian government-backed funds, advancing the financing of its Nolans Rare Earths Project.

Ardea Resources reports steady progress on the Kalgoorlie Nickel Project’s Definitive Feasibility Study, with the Japanese-Australian Consortium increasing its stake to 35%. The project moves closer to a potential 50% joint venture ownership upon a positive investment decision.

Viking Mines has achieved a remarkable upgrade to a 63.6% tungsten concentrate at its Linka Project in Nevada, signalling a rapid, low-capital pathway to production amid soaring global tungsten prices.

Hastings Technology Metals has acquired a 49% stake in a fully permitted rare earth processing plant in Thailand, aiming to commence production by late 2026. This strategic move offers a lower-cost, near-term production hub with potential to process feedstock from its Yangibana project.

Bayan Mining and Minerals has secured membership in the U.S. Defense Industrial Base Consortium, opening doors to strategic partnerships and funding for its rare earth technologies, including a patented yttrium upgrade process. This move positions Bayan at the forefront of efforts to secure critical mineral supply chains vital to U.S. national security.

Pioneer Minerals has reported outstanding gallium assay results at its Springfield Prospect in Idaho, revealing a new critical mineral dimension alongside tungsten and precious metals. This discovery positions the North Pine Project as a strategically significant multi-commodity critical minerals hub aligned with US supply chain priorities.

West Cobar Metals reports promising metallurgical testwork supporting a low-cost heap leach processing pathway at its Salazar Critical Minerals Project, highlighting strong recoveries of high-value rare earths including dysprosium and terbium.

Cobalt Blue Holdings and Glomar Minerals have teamed up to develop a pioneering polymetallic nodule processing facility in the US, aiming to secure critical minerals for advanced manufacturing and defence sectors.

Red Mountain Mining has identified five promising antimony drill targets at its Armidale project in NSW, revealing a significant 3km mineralised system. Drilling is set to begin next quarter, with metallurgical results expected soon.