Latest Critical Minerals News

Stelar Metals has cleared all statutory hurdles and locked in an experienced driller to launch its maiden 3,500m RC drilling campaign at the Hill of Leaders Tungsten Project within weeks, targeting exceptionally high-grade tungsten mineralisation.

Locksley Resources has ceased active exploration at its US critical minerals projects following a technical review and a sharp drop in antimony prices, opting to maintain claims on a low-cost basis while reassessing its hydrometallurgical technology partnership.

Aurizon lifted FY2026 underlying EBITDA by 9% to $1.72 billion, boosted by strong Bulk growth and regulatory gains, while locking in a major Queensland coal haulage contract with BHP Mitsubishi Alliance.

Dreadnought Resources has validated significant high-grade tungsten mineralisation at its Mangaroon and Mangaroon South projects in WA, with rock chip assays far exceeding typical global grades. Drilling at the key Nina target is slated for late 2026 or early 2027, while systematic mapping and sampling at Mangaroon South will start in September.

IMDEX Limited (ASX:IMD) delivered a standout FY26 with 21% revenue growth to $520 million and a 44% jump in net profit to $79 million, driven by organic growth and five key acquisitions. The company raised its dividend and expanded its digital earth science footprint, positioning for further gains.

Temas Resources posted a CAD 2.63 million loss for H1 2026, driven by ramped-up exploration and RCL technology development, while securing $1.5 million in fresh funding and signing initial RCL licensing contracts.

Diablo Resources has secured an 80% stake in the historic Horn Silver Project in Utah, unlocking a portfolio of high-grade silver, gold, copper, and antimony targets. The acquisition complements its nearby Star Range assets and aligns with US critical minerals priorities.

Heavy Rare Earths Limited has updated key dates for its non-renounceable entitlement offer aimed at raising $728,119 before costs, adjusting the ex-date and record date among other milestones.

PMET Resources posted a CAD 2.1 million net loss for Q1 2026, bolstered by strategic partnerships and a strong cash position as it pushes forward with its flagship Shaakichiuwaanaan lithium project.

Jindalee Lithium's US arm has cleared the last regulatory hurdle to begin a critical Phase 1 drilling program at the McDermitt Lithium Project, aiming to upgrade resource confidence and provide key data for project feasibility.

Osmond Resources has reinforced the continuity of high-grade critical minerals at its Orión project in Spain, with drill hole SOR-07A delivering promising assay results. The company is on track to release its maiden Mineral Resource Estimate and Scoping Study by Q3 2026, supported by robust mineral processing testwork and a new Frankfurt listing.

Latitude 66 Limited has agreed to sell its non-core Piastri Project to Capricorn Metals for A$1.5 million in shares, enabling a sharper focus on its core Finnish and Western Australian assets.