Latest Downstreaming News

Condor Energy has signed a non-binding MoU with Promigas Perú to jointly explore natural gas supply and distribution opportunities from the Piedra Redonda gas field, aiming to unlock value in northern Peru’s energy market.

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.

Elevra Lithium reports robust Q1 FY26 results with record production and a significant increase in lithium resources, advancing its brownfield expansion and multiple development projects.

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.

Mount Ridley Mines has appointed Allister Caird as CEO, bringing critical minerals expertise to accelerate its rare earth and gallium projects in Western Australia and expand US partnerships.

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.

Locksley Resources has received a non-binding Letter of Interest from the U.S. Export-Import Bank indicating potential financing support of up to US$191 million for its Mojave Project, aligning with U.S. efforts to rebuild domestic critical minerals supply chains.

Vulcan Energy has obtained the final permit to build its commercial Lithium Extraction Plant in Landau, Germany, marking a major milestone for its Phase One Lionheart Project. This integrated geothermal and lithium facility aims to supply sustainable lithium for half a million electric vehicles annually.

Mandrake Resources has signed a non-binding Letter of Intent to supply lithium chloride to US refinery Stardust Power, marking a strategic step in the US push for domestic critical minerals.

Avenira Limited reports significant progress at its Wonarah Phosphate Project, alongside key board and management changes, while maintaining a solid cash position at the end of Q3 2025.

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.