Latest Global Supply Chain News

Summit Minerals reports promising first-pass metallurgical results from its Equador Project in Brazil, showing strong potential for producing high-grade tantalum and niobium concentrates using straightforward density separation methods.

Dalaroo Metals has launched its maiden exploration program at the Blue Lagoon project in Greenland, targeting zirconium, niobium, and rare earth elements. Led by seasoned geologist Ole Christiansen, the program aims to validate promising historical geochemical anomalies and assess low-cost mining potential.

Ionic Rare Earths is broadening its Viridion Joint Venture to include a US-based rare earth refinery, aiming to strengthen a secure supply chain for critical magnet and heavy rare earth oxides outside China.

Vanadium Resources has signed a non-binding MoU with China Precious Asia Limited to supply vanadium-rich magnetite ore from its Steelpoortdrift project, aiming for early production and cashflow. This marks a strategic pivot to monetise its vast resource amid subdued vanadium markets.

Element 25 has locked in a $50 million senior debt facility from the Northern Australia Infrastructure Facility to expand its Butcherbird manganese project, underpinning supply for its US battery materials plant.

Mount Burgess Mining has unveiled a strategic plan prioritizing operational sustainability, advancing its Kihabe–Nxuu polymetallic project in Botswana, and expanding its asset portfolio through acquisitions and partnerships.

Australian Strategic Materials (ASM) has announced an underwritten share purchase plan to raise up to A$3 million, supporting its advancing Dubbo Project and ramp-up of the Korean Metals Plant. The company also outlines ambitions for a US metals facility amid strong government backing and strategic partnerships.

Australian Strategic Materials has initiated a $3 million underwritten Share Purchase Plan to accelerate its US metallisation expansion and boost capabilities at its Korean Metals Plant, signaling a strategic push amid shifting global supply dynamics.

EQ Resources has repaid €5 million of debt for its Spanish subsidiary Saloro, reducing its debt burden by 25% while extending remaining credit facilities. The company also reports record production and positive EBITDA forecasts at its Barruecopardo tungsten mine.

BPH Global Ltd has completed its second seaweed sale under a strategic partnership in Indonesia, marking steady progress in its supply network expansion and operational execution.

Blaze Minerals has announced promising initial diamond drilling results from its Ntungamo Project in Uganda, confirming a new discovery of critical minerals Gallium and Rubidium. These findings validate the company’s exploration thesis and set the stage for further work.

European Lithium Ltd has released assay results from deep diamond drilling at Greenland’s Tanbreez Project, revealing high-grade rare earth mineralisation below the current resource estimate and setting the stage for resource expansion.