Latest Direct Shipping Ore News

IRIS Metals has raised $5.5 million through a strongly supported placement to accelerate development of its critical minerals portfolio in the United States, including early sales from its Beecher Project.

Horseshoe Metals has reported strong drilling results at its Horseshoe Lights project, confirming extensive copper oxide mineralisation and advancing funding talks. The company is gearing up for a Direct Shipping Ore operation to generate early revenue.

Chariot Resources reports promising high-grade lithium assays in Nigeria and advances US exploration with 32 new drilling targets, while securing strategic MOUs for financing and offtake.

Macro Metals Limited has advanced its strategic position by securing export access at Utah Point and acquiring a 27.3% stake in the Extension Iron Ore project, setting the stage for growth in FY26.

AKORA Resources has completed a significant trenching program at its Bekisopa iron ore project in Madagascar and submitted a mining permit application under a revitalised regulatory framework, gaining strong government backing.

Lithium Plus Minerals has secured a 20-year mining lease for its Lei Lithium Project and progressed key environmental and mining studies, while also preparing exploration programs for its gold and critical minerals projects.

Vanadium Resources Limited is advancing its Steelpoortdrift Vanadium Project with a new CEO and a sharpened focus on near-term cash flow and critical mineral markets in the US and EU.

Avenira Limited has made significant strides in developing its Wonarah Phosphate Project, bolstered by strategic operational appointments and advancing infrastructure plans. Meanwhile, exploration at the Jundee South Gold Project is set to commence in 2026 amid ongoing regulatory challenges.

Strike Resources has signed a non-binding Memorandum of Understanding with Naviera Petral to develop port infrastructure in Peru, supporting the export of its high-grade Apurimac iron ore. This strategic move aims to reduce logistics costs and pave the way for a return to production.

Develop Global Limited reports strong December quarter progress with Woodlawn mine commissioning on track, a major contract win, and a significant value uplift at Sulphur Springs ahead of a mid-2026 investment decision.

Chariot Resources has signed a non-binding MOU with Fujian Jinjianqiao to explore offtake, financing, and local processing for its Nigerian lithium projects, aiming to accelerate commercialisation.

Zeotech Limited has completed a significant test pit at its Toondoon Kaolin Project, producing over 2,300 tonnes of kaolin and progressing key approvals to fast-track mining and product development.