Latest Critical Minerals News

American Tungsten & Antimony has started an ahead-of-schedule campaign to produce antimony flake at its Del Sol refinery in Nevada, using material from Arizona. The first physical demonstration of its proposed US mine-to-metal chain could generate samples for customer qualification and government discussions, although the underlying asset acquisition remains incomplete.

Basin Energy has secured a three-year research collaboration with James Cook University to investigate improved extraction and recovery of heavy rare earths at its Sybella-Barkly project. The deal carries no cash payment, but JCU will own the resulting project intellectual property and data.

Volt Resources has secured US$5.4 million in fully government-funded support for its US graphite refinery and customer application centre. The award is positive for project funding, but the company’s ASX securities remain suspended as it works with the exchange to satisfy reinstatement requirements.

Resolution Minerals has reported its strongest gold grades to date at Golden Gate South, including 1 metre at 14.8 g/t gold, while extending the identified mineralised zone to approximately 600 metres. The results point to possible higher-grade feeder zones, but true widths and the broader continuity of the system remain unconfirmed.

Jindalee Lithium is moving crews onto its McDermitt project in Oregon, with Phase 1 drilling of up to 100 sites scheduled to begin in late September. Its proposed US Elemental Nasdaq listing remains targeted for the fourth quarter, although the planned US$20 million to US$30 million PIPE financing is not yet binding.

Lithium Universe has secured selection for a proposed four-year Industry PhD project with Macquarie University and CSIRO to develop microwave-assisted recycling of end-of-life solar panels. The collaboration could strengthen the company’s technology pathway, but its grant, agreement and commercial outcomes remain unconfirmed.

American West Metals has reported thick visual copper, zinc and molybdenum mineralisation in three new holes at its West Desert Project in Utah. The strongest result came from WD26-07, but laboratory assays are still needed to establish grades and economic significance.

Trek Metals has secured a nine-month option to acquire the 154-claim Matrix Manganese Project in Arizona for a total potential cash consideration of A$200,000. The deal offers a low-cost route into a US critical-minerals opportunity, but carries a significant related-party consideration because CEO Derek Marshall owns about 66.67% of the vendor.

Australian Rare Earths has extended its Overland carbonatite discovery roughly 5km south, with hole OV176 intersecting 130 metres of interpreted carbonatite and ending within the unit. The geological footprint now appears to track a 10km magnetic corridor, but assays will determine whether the system carries meaningful niobium and rare earth grades.

Latrobe Magnesium is shifting its growth priority to a proposed 50 ktpa magnesium plant in South Carolina, backed by 32 ktpa of non-binding customer interest and a 20-year feedstock agreement. The project carries substantial indicative economics, but still needs funding, site acquisition, feasibility work, permits and binding offtake contracts.

OD6 Metals has submitted a Plan of Operations covering up to 139 drill pads and bulk sampling at its Quinn Fluorspar Project in Nevada. The application moves the project towards its first systematic drilling campaign, but approval from the U.S. Forest Service remains outstanding.

True North Copper expanded its copper growth pipeline in FY26, but the annual report makes clear that exploration momentum still depends on fresh capital. The company ended the year with A$7.1 million in cash and a A$7.5 million Mt Oxide payment due in December.