Latest Downstream Processing News

Comet Resources has sold a significant stake in International Graphite, using part of the proceeds to clear its debt, triggering a board resignation and signaling a shift in shareholder dynamics.

Ionic Rare Earths’ Brazilian joint venture, Viridion, has advanced to the next phase of securing a substantial US$900 million funding package from Brazilian government agencies to develop rare earth refining and recycling facilities.

Viridis Mining and Minerals has been selected by Brazil's BNDES and FINEP to receive significant funding under a US$903 million strategic minerals initiative, accelerating its Colossus rare earths project and downstream operations.

Vanadium Resources’ subsidiary has inked a binding two-year offtake deal with China Precious Asia for 100,000 tonnes per month of vanadium-rich ore, marking a pivotal step toward production and early cash flow generation.

Kingsland Minerals is finalising its scoping study for the Leliyn Graphite Project, positioning itself to capitalise on shifting global graphite markets driven by new US tariffs on Chinese imports.

Strike Energy has announced a strategic placement and share purchase plan raising up to A$103 million to advance its core Perth Basin gas projects, backed by a significant investment from Carnarvon Energy. This funding underpins key developments targeting first production by late 2026 and a final investment decision for West Erregulla.

Volt Resources has drawn $0.5 million from a $1 million funding agreement to accelerate development of its graphite projects in Tanzania and the US, positioning itself amid rising US tariffs on Chinese graphite imports.

Meteoric Resources has released a robust Pre-Feasibility Study for its Caldeira rare earths project in Brazil, highlighting a low-cost, long-life deposit with strong government backing and a targeted production start in 2028.

Metals Australia Ltd has significantly expanded its Lac Carheil graphite project resource with a 595% increase in graphitic carbon intercepts, setting the stage for an updated Mineral Resource Estimate and advanced mine planning.

Viridis Mining and Minerals, through its Brazilian JV Viridion, has secured municipal land in Poços de Caldas to build Latin America’s first rare earth refining and recycling centre, backed by strong government support and aligned with Brazil’s critical minerals strategy.

Anson Resources has successfully implemented a polishing process at its Green River Lithium Project that significantly reduces contaminants in lithium chloride eluate, paving the way for battery-grade lithium carbonate production.

Pure Resources advances its Reedy Creek project by exploring graphite potential and forging US partnerships to tap into thermal management and rare earth element technologies.