Latest Direct Shipping Ore News

Australian Silica Quartz Group (ASQ) is set to acquire Australian Kaolin, adding a 47Mt inferred kaolin resource at White Swan and launching a $750,000 placement to fund development. The deal hinges on shareholder approval and an Independent Expert’s fairness opinion.

OD6 Metals has secured a strategic foothold in the US critical minerals market by acquiring the Quinn Fluorspar Project in Nevada, delivering ultra-high-grade assay results and commencing systematic exploration. Meanwhile, metallurgical progress at its Splinter Rock rare earths project and new copper targets at Gulf Creek underpin a diversified critical minerals portfolio.

IRIS Metals has fortified its balance sheet with a A$5.5 million placement and is progressing towards an updated lithium-rubidium resource at Beecher while executing a farm-in deal for a tungsten project in Montana, reinforcing its diversified US critical minerals strategy.

OD6 Metals has revealed exceptional channel sampling results from its Horseshoe Prospect within the Quinn Fluorspar Project, confirming extensive ultra-high-grade fluorspar mineralisation with grades peaking at 82% CaF2. These findings underscore the project's potential for direct shipping ore and acid-grade fluorspar production.

Zeotech Limited has made significant progress on its Toondoon Kaolin Project, securing critical environmental approvals, advancing mine planning, and preparing for an initial kaolin shipment amid rising contractor cost pressures.

Polymetals Resources has hit a production milestone with the start of high-grade Upper North Lode mining and first Direct Shipping Ore sales, driving a surge to $27.8 million revenue and positioning the Endeavor Mine for sustained growth.

Black Canyon has kicked off a substantial 15,000m RC drilling campaign at its Wandanya Project, aiming to define and grow its high-grade manganese and iron resource with first assays due in May 2026.

Black Canyon Limited has reported encouraging beneficiation testwork results from its Wandanya manganese project, achieving manganese oxide concentrate grades exceeding 40% using simple density-based methods. The company has also commenced a 15,000m drilling program alongside environmental surveys, progressing the project towards scoping-level economic evaluation.

Felix Gold has exercised its option to acquire 100% ownership of the Treasure Creek mining claims in Alaska, securing a strategic foothold in a project hosting high-grade antimony ore that meets U.S. military specifications alongside significant gold resources.

Felix Gold has confirmed its Treasure Creek antimony ore meets stringent US military-grade concentrate standards directly from the mine, advancing plans for domestic processing facilities. Independent testwork validates multiple efficient ore-to-metal pathways, positioning the company at the forefront of US critical minerals supply.

Strike Resources has agreed to sell a further 28.52% indirect stake in its Apurimac Iron Ore Project to JE United Ltd for A$5.5 million, while securing a US$5 million credit facility to accelerate project development and iron ore marketing.

Black Canyon Limited reports promising metallurgical results from its Wandanya Project, confirming high-quality direct shipping ore potential for manganese and iron. The company is gearing up for a significant 15,000m drilling campaign to expand and infill its resource.