Latest Downstream Processing News

Caravel Minerals has signed a non-binding MOU with Adani’s Kutch Copper to jointly advance the Caravel Copper Project toward a 2026 Final Investment Decision, exploring funding and offtake agreements.

Lodestar Minerals has appointed two former heavy rare earths experts from MP Materials and Lynas Rare Earths to spearhead its U.S. downstream magnet and supply chain strategy, following its planned acquisition of the Virgin Mountain project in Arizona.

Volt Resources has raised $2.23 million through a share placement to fund the feasibility study and development of its high purity graphite refinery in Alabama, alongside advancing a pilot plant for ultra-high purity graphite.

Almonty Industries posted a strong Q3 net income driven by rising tungsten prices and strategic financing, while advancing its flagship Sangdong Mine and acquiring new US exploration rights.

Pioneer Lithium has significantly expanded its land holdings at Idaho’s North Pine Project and completed its first field exploration program, setting the stage for critical minerals development in a strategic US district.

Battery Age Minerals has advanced its exploration with maiden drilling at Austria’s Bleiberg zinc-germanium project and secured approvals for gold-silver drilling in Argentina, while expanding its North American footprint with a new germanium-gallium asset in Utah.

St George Mining reports exceptional high-grade rare earth and niobium mineralisation at its Araxá Project in Brazil, alongside a strategic US partnership and a significant capital raise to fuel expansion.

Lithium Plus Minerals has secured a 20-year mining lease for its Lei Lithium Project, marking a significant step toward production, while its subsidiary Moonlight Resources progresses with an IPO and strategic gold asset acquisition.

Resolution Minerals has completed a pivotal drilling phase at its Horse Heaven Project, confirming visible tungsten mineralisation and securing A$25.1 million in institutional funding to accelerate exploration and development.

Mineral Commodities Ltd faces delays in completing the Skaland Graphite sale but secures an agreement to close by October's end, while advancing its Munglinup graphite project and pilot anode plant development.

Hastings Technology Metals and Wyloo have signed a non-binding agreement with Ucore Rare Metals to negotiate a long-term offtake for rare earth concentrate and explore US-based downstream processing.

Surefire Resources reports robust drilling results at its Yidby Gold Project alongside promising assays from its Victory Bore critical minerals deposit, supported by a $1.54 million capital raise.