Latest Downstreaming News

Locksley Resources has partnered with Rice University to pioneer domestic antimony processing in the US, aiming to reduce reliance on foreign supply and support critical defense and energy sectors.

Pilbara Minerals reported a 4% increase in lithium production for FY25 despite a 39% revenue drop amid falling prices, maintaining a robust balance sheet and outlining optimistic FY26 growth plans.

Pilbara Minerals Limited (PLS) reported a challenging FY25 marked by a 39% revenue drop and a net loss of $196 million amid falling lithium prices. Despite this, the company advanced key expansion projects, acquired a Brazilian lithium asset, and made significant sustainability strides.

5E Advanced Materials has priced an $8.31 million public offering to fund its boron facility operations and development projects, reinforcing its position in specialty materials for clean energy and security.

Kingsland Minerals has achieved a major milestone with 99.97% purified spherical graphite from its Leliyn project, positioning itself as a key supplier for EV battery materials. The company is advancing processing optimisation and preparing for a September scoping study.

Everest Metals Corporation reveals significant progress in its gold projects and leads the development of Australia’s first rubidium industry, positioning itself at the forefront of critical minerals innovation.

Lindian Resources has approved the Final Investment Decision for its Kangankunde Rare Earths Project, securing full funding and a strategic partnership with Iluka Resources. The company is raising A$91.5 million via institutional placement to advance development and expansion plans.

Lynch Group Holdings delivered solid FY25 results with revenue and EBITDA growth, driven by strong Australian operations and expanding Chinese exports. The company also announced a full acquisition agreement, setting the stage for a transformative year ahead.

Syrah Resources’ Mozambican graphite operation receives a $6.5 million loan disbursement from the US DFC, with further funding contingent on a critical loan restructure planned for September.

OD6 Metals has raised $2.5 million through a strongly supported placement to fast-track rare earth testwork and copper drilling programs at its flagship Australian projects.

Metals Australia has dramatically expanded its Lac Carheil Graphite Project resource in Quebec, tripling contained graphite to 5.1 million tonnes and advancing a pre-feasibility study that positions the project as a key player in North America's critical minerals landscape.

Pure Resources reaffirms exceptional metallurgical results at its Garnet Hills Project, achieving garnet grades up to 98% through sustainable processing. The company is now scaling up testing and forging strategic collaborations in the US to unlock downstream rare earth opportunities.