Latest Downstreaming News

Critica Limited is progressing its Jupiter and Mt Lindsay projects with key resource updates, metallurgical breakthroughs, and strategic partnerships, targeting Scoping Study completion in Q3 2026.

Alice Queen’s Project Definition Study for Horn Island reveals robust economics, including a pre-tax NPV of A$706 million and an IRR of 109%, underpinning plans to advance to feasibility stages.

Firebird Metals has placed all critical equipment orders for its Perth-based Australian Demonstration Plant, triggering the first ARENA grant payment and setting the stage for a pivotal 90-day fabrication phase. The project remains on track for early Q4 2026 equipment delivery, with imminent lithium manganese rich cathode results expected from its China pilot plant.

Chilwa Minerals’ latest assays from drill hole MPYDD007 at Nakombe South in Malawi confirm a multi-commodity critical minerals system with significant niobium, tantalum, rare earth elements, and gallium mineralisation. The company has defined a maiden conceptual Exploration Target and is advancing drilling towards a maiden Mineral Resource.

Sunrise Energy Metals is injecting US$5 million into Agni Semiconductor, a US-based developer of aluminium scandium nitride (AlScN) ferroelectric diode memory technology, marking a strategic pivot into downstream semiconductor innovation linked to its scandium resources.

IperionX has acquired Covia’s Camden mineral assets adjacent to its Titan Project, consolidating a key U.S. critical minerals province and enhancing its supply chain for heavy rare earths and titanium.

Quantum Graphite Limited has secured a binding Ore Supply Agreement with Sunlands Pure Group, consolidating downstream graphite processing and refining under a 20-year exclusive partnership. The deal sets ambitious production targets and pricing safeguards, underpinning Quantum's strategy to scale purified graphite supply for battery anodes and thermal storage markets.

ANTAM's 2025 AGM approved a record Rp5.04 trillion dividend distribution, reflecting a 106% profit surge. The company also greenlit a government-backed nickel downstreaming program to build Indonesia's EV battery ecosystem.

St George Mining’s initial beneficiation testwork at its Araxá Project in Brazil has delivered high-grade niobium concentrates and a promising rare earth concentrate, validating its dual commodity approach and underpinning next-stage pilot plant plans.

Felix Gold has created Frontier Antimony Refinery Corp., a US-focused refining platform with secured access to military-grade antimony ore from its Treasure Creek Project in Alaska, aiming to address critical supply gaps.

Meteoric Resources has reported exceptional pilot plant performance at its Caldeira Rare Earth Project in Brazil, achieving magnet rare earth oxide recoveries of 80% in May and exceeding pre-feasibility study targets.

Ark Mines has produced high-grade monazite and titanium dioxide products from its Sandy Mitchell heavy mineral concentrate, marking a key step toward commercialising its North Queensland rare earths project.