Latest Equipment Procurement News

Viridis Mining and Minerals completes a Definitive Feasibility Study for its Colossus Rare Earth Project, confirming strong economics and project readiness, while securing $120 million in equity funding to advance into execution.

KGL Resources has completed a A$300 million equity raise, fully funding the Jervois Copper Project through construction and into production, with key contracts signed and development activities underway.

Avenira Ltd (ASX:AEV) is raising nearly $49 million through a heavily discounted three-for-two renounceable rights issue to finance the transition of its Wonarah Phosphate Project from development to production.

Astron Limited is progressing a $220 million senior debt facility for its Donald Rare Earth and Mineral Sands Project, targeting a Final Investment Decision in Q3 2026. The company’s joint venture partner Energy Fuels Inc. is expanding its rare earth supply chain with a $1.9 billion acquisition, while a revised Phase 2 study boosts the project’s combined NPV to $2.3 billion.

Element 25 is on track to commission its Butcherbird manganese expansion in early 2027, while securing a substantial US Department of Energy grant to support its US battery materials facility.

Clean TeQ Water has marked a milestone with its inaugural recurring revenue from ATA® technology and a 45% jump in quarterly customer receipts, underpinned by contract wins and project progress across global water and critical minerals markets.

Minbos Resources has cleared key shareholder hurdles to secure a US$5 million loan from Banco de Fomento Angola, aiming to complement existing project finance and accelerate its Cabinda Phosphate Fertilizer Plant development.

Maritana Minerals has kicked off Early Works at its Black Swan Processing Hub, aiming for first gold production in the second half of 2027. The $25 million commitment covers earthworks, equipment procurement, and engineering ahead of full construction.

Kinetiko Energy is progressing rapidly from exploration to production with a major onshore gas discovery in South Africa, targeting first commercial compressed natural gas by late 2027 through a phased, capital-efficient development.

Nova Minerals has completed engineering and design for its Estelle antimony pilot plant in Alaska, moving swiftly into procurement and construction with equipment en route to site.

TG Metals' recent drilling at Van Uden reveals extensive near-surface laterite gold mineralisation beyond existing resources, underpinning a promising heap leach development with low capital costs and high recoveries.

Viridis Mining has boosted the Colossus Project's high-confidence rare earth resource, underpinning debt financing and advancing toward production.