Latest Critical Minerals News

Octava Minerals reports impressive initial bioleaching recoveries of critical rare earth elements and lithium from its Byro Project, highlighting a promising, low-cost extraction pathway.

Magnetite Mines has launched a $2.65 million renounceable rights issue with increased underwriting support, following promising rare earth mineralisation findings at its Ironback Hill Project.

EV Resources has signed a strategic Memorandum of Understanding with Wogen Resources and Xcelsior Capital Advisors to fund and advance its Los Lirios Antimony Project in Mexico, aiming to establish a 100 tonne-per-day processing plant.

Lindian Resources has approved the Final Investment Decision for its Kangankunde Rare Earths Project, securing full funding and a strategic partnership with Iluka Resources. The company is raising A$91.5 million via institutional placement to advance development and expansion plans.

Lindian Resources has raised A$91.5 million through a strong institutional placement, enabling the final investment decision for the Kangankunde Rare Earths Project’s Stage 1 development with production targeted for late 2026.

Lycopodium Limited delivered robust FY25 financial results, hitting the top end of guidance with $339.6 million revenue and $42.2 million net profit. The company’s strategic SAXUM acquisition broadens its footprint in the Americas, positioning it well for growth in critical minerals and clean energy sectors.

West Cobar Metals has successfully raised $1.25 million through a discounted share placement, aiming to boost drilling and testwork across its gold and critical minerals projects.

Lycopodium Limited delivered FY25 results at the top end of guidance, reporting strong revenue and profit growth alongside strategic moves to deepen its global footprint, notably through the acquisition of Argentinian engineering firm SAXUM.

European Lithium Ltd reports robust 2024 diamond drill results from its Tanbreez Rare Earth Project in Greenland, confirming consistent high-grade rare earth mineralisation with significant heavy rare earth content and promising associated metals.

Iluka Resources delivers resilient half-year results amid economic and geopolitical challenges, maintaining solid margins and progressing critical projects like Balranald and Eneabba.

Iluka Resources reported a 31% drop in net profit for the first half of 2025, challenged by lower mineral sands prices but buoyed by strong cost controls and early project milestones.

Metal Bank Limited is fast-tracking gold production at its Livingstone project in Western Australia, leveraging near-surface resources and existing processing infrastructure, while advancing copper and critical minerals exploration in Saudi Arabia.