Latest Defense News

Sunrise Energy Metals has attracted a significant financing interest from the U.S. Export-Import Bank, potentially securing half the capital needed for its Syerston Scandium Project amid shifting global supply dynamics.

Victory Metals Limited has reported exceptional heavy rare earth element assay results from its North Stanmore Project, revealing some of the highest Dysprosium and Terbium grades ever recorded in clay-hosted deposits globally.

Dateline Resources has completed its acquisition of 100% ownership of the Argos Strontium Project in California, the largest known U.S. strontium deposit, complementing its Colosseum Gold-REE project and aligning with national strategic priorities.

Metallium Limited and Ucore Rare Metals have entered a binding 12-month collaboration to integrate their cutting-edge technologies, aiming to establish the first fully U.S.-based rare earth element refining pathway and reduce reliance on Chinese supply chains.

Northern Minerals has released its Definitive Feasibility Study for the Browns Range Heavy Rare Earth Project, confirming an 11-year production plan targeting 181,000 tonnes of rare earth concentrate. The project aims to establish a critical Australian supply chain for heavy rare earths in partnership with Iluka Resources.

Felix Gold Limited reports significant high-grade antimony mineralisation at its NW Array prospect in Alaska, alongside plans for near-term production and US government collaboration amid a global supply crunch.

Northern Minerals has completed a Definitive Feasibility Study for its Browns Range Heavy Rare Earths Project, confirming its technical and financial viability as a critical new source of dysprosium and terbium outside China.

Locksley Resources is ramping up its exploration efforts at the Mojave Project in California following a major land acquisition and the discovery of a significant historical mining shaft, signaling new opportunities in critical minerals.

Cobalt Blue Holdings has raised $2.5 million through a $1 million institutional placement and a $1.5 million placement agreement with Lind Global Fund III, aiming to advance its cobalt refinery and exploration projects.

Ionic Rare Earths has launched a $7 million capital raise through a renounceable rights issue and placement, aiming to accelerate its magnet recycling projects and expand operations internationally.

EV Resources has acquired full ownership of the historic Dollar Antimony Project in Nevada, positioning itself to supply critical antimony for US defense and energy sectors. The project boasts high-grade mineralization and strategic proximity to emerging antimony hubs.

Locksley Resources has entered a non-binding agreement with EV Resources to purchase antimony ore, advancing its proprietary DeepSolv™ processing and supporting U.S. domestic supply for defense and energy sectors.