Latest Economic Development News

Askari Metals is deepening government and community partnerships in Ethiopia while advancing operational readiness at its Nejo Gold-Copper Project, positioning for imminent exploration activity.

Tivan Limited has engaged Indigenous-owned MDM Mining & Civil under an Early Contractor Involvement contract to optimise the access road design for its Speewah Fluorite Project in WA, supporting the ongoing Definitive Feasibility Study.

Metals Australia’s prefeasibility study for its Lac Carheil Graphite Project in Quebec reveals a strong economic foundation with a pre-tax NPV of AUD 790.8 million and a 22% IRR, underpinning its potential as a significant future graphite supplier.

Iondrive Limited has gained a significant boost from the Oklahoma Department of Commerce, receiving a Letter of Support and potential incentives valued at over US$15 million for scaling its rare earth recycling modules in the US.

CDL Investments New Zealand (NZX: CDI) has secured Fast-track referral approval for its Middle Road residential development in Havelock North, paving the way for up to 350 new homes and reinforcing its Hawke’s Bay growth pipeline.

Amaero has fast-tracked the commissioning of its third advanced atomizer, expanding its US production capacity for refractory and titanium powders. The company completes a major capital plan on budget and prepares for a potential US IPO.

St Barbara has passed a key regulatory milestone for its 15-Mile Processing Hub in Nova Scotia, submitting the Initial Project Description and triggering a coordinated federal-provincial review. The project features a redesigned footprint that cuts environmental disturbance by up to 55% and consolidates processing to a single hub, promising strong economic benefits and community engagement.

Cobalt Blue Holdings and Glomar Minerals have shortlisted four US sites and begun testwork for Project Infinity, aiming to build the first commercial polymetallic nodule refinery in the United States.

North Stawell Minerals (ASX:NSM) has reported promising aircore drilling results at its Darlington and Caledonia projects, revealing multiple gold intercepts that align with the historic Mariners Lodes near Stawell, Victoria.

Manhattan Gold Corporation has gained final regulatory approval and a CA$250,000 grant to kick off its maiden 4,000m RC drilling campaign at the Hook Lake Project in Nunavut, Canada.

Element 25 is recalibrating its US battery-grade manganese project amid evolving electric vehicle battery technologies, while maintaining focus on its Butcherbird expansion in Western Australia.

QPM Energy is positioning its Isaac Energy Hub and 112MW Isaac Power Station to meet surging data centre electricity demand forecast to reach up to 35 TWh by 2036, amid coal plant retirements and rising grid pressures.