Latest Critical Minerals News

Norwest Minerals has been granted a key mining lease for its Bulgera Gold Project and launched a $4.85 million entitlement offer to fund aggressive resource drilling and mining evaluations. Meanwhile, exploration at West Arunta reveals promising titanium and base metal intersections, underpinning the company’s growth ambitions.

Terra Uranium Limited has completed its acquisition of LCT Metals, gaining control of significant tin and precious metals projects in New South Wales, diversifying its portfolio beyond uranium. The company plans to leverage historical data to advance exploration and drilling in these high-grade zones amid favorable tin market conditions.

Lode Resources has reported exceptional high-grade antimony and silver drill results from its Montezuma Project in Tasmania, alongside commencing a substantial 50-60 hole drilling program to expand the deposit.

Blaze Minerals completed a 1,548m diamond drilling campaign at its Ntungamo Project in Uganda, targeting two pegmatite bodies, while assays from its Mityana Project returned no significant results. The company also secured $1.25 million in capital raising to support ongoing exploration.

Alpha HPA Limited reports significant progress on its HPA First Project Stage 2 with key infrastructure completed and engineering milestones met. Strong semiconductor sector demand drives Letters of Intent covering over 60% of Stage 2 production, while sapphire wafer production and leadership changes position the company for growth.

Bounty Oil and Gas NL reported steady progress in Queensland oil production and development, increasing reserves to 313,000 barrels, while pursuing a Federal Court review of the PEP 11 offshore permit refusal. The company also completed a modest $231,000 entitlement offer to support ongoing exploration and development.

Novonix Limited advances its synthetic graphite production with Riverside commissioning and a new Chattanooga plant site, while winning a preliminary US trade case against Chinese imports and appointing Michael O’Kronley as CEO.

ABx Group Limited reports significant progress in rare earths exploration in Tasmania, ALCORE fluorine recycling pilot plant development, and bauxite project advancements, positioning itself amid tightening global supply chains.

Askari Metals has raised $750,000 through a placement to advance its tin, tantalum, and gold projects in Namibia and Ethiopia, positioning itself for growth in African mineral exploration.

Critical Minerals Group (CMG) advances its integrated vanadium flow battery strategy targeting commercial energy storage solutions by 2026, alongside key project and executive developments.

Australian Rare Earths Limited (ASX: AR3) has successfully raised $3.6 million through a fully subscribed rights issue, backed strongly by existing shareholders and directors. The capital injection positions AR3 to advance uranium exploration and rare earth development amid favorable geopolitical shifts.

American West Metals has unveiled a positive Preliminary Economic Analysis for its Storm Copper Project in Canada, outlining a low-cost, 10-year production plan with strong financial returns. The company also secured a strategic funding and offtake partnership with Ocean Partners, while advancing its critical minerals projects in the US.