Latest Downstreaming News

Vanadium Resources Limited is advancing multiple offtake discussions for its Steelpoortdrift project, with competing proposals offering improved terms over existing agreements. Operational readiness steps are progressing, including key executive appointments and contractor finalisations.

Locksley Resources appoints Kerrie Matthews as CEO and Danny George as COO to fast-track the Desert Antimony Mine and establish a U.S.-based antimony supply chain. Their leadership aims to overcome critical supply chain gaps amid rising demand.

Locksley Resources reports robust metallurgical testwork from its Mojave Project, confirming high antimony recoveries and concentrate grades that support a domestic US supply chain. The results align with US strategic priorities for critical mineral independence.

Brazilian Critical Minerals has reported sustained high-grade rare earth element recovery from its in-situ recovery trials at the Ema Project, with pregnant leach solution grades exceeding 5,700 ppm TREO and strong magnet rare earth oxide content.

Resolution Minerals Ltd has successfully raised $25.1 million through a heavily supported placement, positioning itself to advance its Horse Heaven Project in Idaho and prepare for a NASDAQ listing.

Renascor Resources has begun construction of its Purified Spherical Graphite demonstration facility in Adelaide, aiming to showcase an innovative HF-free purification process and disrupt China’s near-monopoly on PSG supply.

Lithium Universe Limited reports a major advance in silver recycling technology, achieving near-Britannia-grade purity in just five minutes using its proprietary JESE method. This innovation promises to reshape solar panel recycling with higher efficiency and sustainability.

Meteoric Resources has confirmed exceptional rare earth recoveries from continuous piloting at ANSTO, producing high-quality Mixed Rare Earth Carbonate and demonstrating effective waste handling. This milestone advances the Caldeira Project towards commercial development and offtake agreements.

Syrah Resources has secured an extension to address an alleged default under its Tesla offtake agreement, pushing the cure deadline to November 2025 as both parties work toward resolution.

Northern Minerals has completed a Definitive Feasibility Study for its Browns Range Heavy Rare Earths Project, confirming its technical and financial viability as a critical new source of dysprosium and terbium outside China.

Lindian Resources appoints Zekai Komur as Executive Director to spearhead delivery and expansion of its Kangankunde Rare Earths Project, with Stage 1 fully funded and construction progressing ahead of schedule.

AXP Energy has commenced drilling operations on its Charlie #1 Well in Oklahoma, backed by a recent A$2.7 million capital raise. The project targets multiple stacked pay zones and aims to expand gas-to-power and bitcoin mining ventures.