Latest Downstreaming News

Axel REE Limited has achieved a key operational milestone in its in situ recovery (ISR) development at the Woolrich deposit within the Caladão Project, confirming strong rare earth element leach performance under low-impact magnesium sulphate conditions.

EcoGraf has signed a non-binding MOU with Mitsubishi Chemical Corporation to explore supplying up to 10,000 tonnes per annum of spherical graphite and natural flake graphite for battery anode materials, advancing its vertically integrated strategy.

Lindian Resources has secured a fixed-price diesel supply agreement for the Kangankunde Rare Earths Project, removing fuel cost uncertainty through construction and commissioning and reinforcing the project’s low-cost profile.

Lithium Plus Minerals has secured A$2.15 million through a discounted placement, backed by cornerstone investor Suzhou CATH and institutional buyers, to fund development and exploration at its Bynoe lithium project.

Axel REE is accelerating its in situ recovery (ISR) mining trials at the Caladão Project in Brazil, targeting rare earth elements and gallium extraction through a low-cost, environmentally friendly method. The company is fully funded for pilot wellfield trials at the Woolrich deposit, with expansion potential at Paraíso and Tiger Creek.

European Resources Limited has more than doubled the inferred resource at its Korsnäs rare earth elements project in Finland to 15.4 million tonnes at 1.00% total rare earth oxides, driven by new drilling, re-assaying of historical core, and a refined geological model.

Iondrive Limited has confirmed over 90% extraction of key rare earth elements neodymium and praseodymium from US commercial samples, exceeding prior economic assumptions and advancing its modular recycling technology toward commercial deployment.

Marquee Resources (ASX:MQR) has secured a non-exclusive R&D patent licence with Oak Ridge National Laboratory, granting access to NEAREST technology tailored for clay-rich rare earth deposits like Redlings in WA. This partnership could reshape processing efficiency and environmental impact for Marquee’s significant inferred resource.

Southern Palladium's latest metallurgical test work from its Bengwenyama PGM Project reveals a doubling in chromite concentrate recoveries and confirms the high-grade nature of its UG2 mineral resource, reshaping project economics and processing design.

Critica Limited has achieved a significant breakthrough at its Jupiter Rare Earth Project, lifting magnet rare earth recovery to approximately 81% and total rare earth oxide recovery to around 71% through pilot plant optimisation. This advance strengthens the foundation for its ongoing scoping study and downstream processing plans.

Cadence Opportunities Fund weathered a sharp March selloff to deliver a robust 35.9% gain for the 2026 financial year so far, while announcing a fully franked interim dividend of 7.5 cents per share.

European Resources Limited (ASX: ERE) has repriced and relaunched a renounceable rights issue to raise up to $3.4 million, partially underwritten by Mahe Capital for $1.5 million, to fund metallurgical and exploration work at its Korsnäs rare earth project in Finland and Slovakian tenements.