Latest Heavy Rare Earths News

The Australian Treasurer has mandated the disposal of over 1.6 billion shares held by foreign entities in Northern Minerals, intensifying regulatory scrutiny of foreign ownership in this critical rare earths company.

Australian Strategic Materials Limited (ASM) shareholders are set to vote on a scheme of arrangement for Energy Fuels Inc. to acquire 100% of ASM shares and options, offering a significant premium and exposure to a vertically integrated rare earth supply chain.

Pure Resources has completed a pivotal sampling program at Garnet Hill, securing over 100 kg of material to underpin its multi-stream US defence materials platform, targeting abrasive garnet, jumbo flake graphite, and rare earth recovery.

Ionic Rare Earths’ subsidiary Ionic Technologies has led a pioneering UK project demonstrating a fully circular supply chain for electric vehicle magnets using 100% recycled rare earth oxides, achieving performance parity with primary materials and advancing UK critical minerals goals.

Pure Resources has launched an integrated Defence Materials Platform Strategy for its Garnet Hills Project, leveraging US government collaborations to diversify from commodity mining into advanced defence supply chains.

Fortuna Metals has appointed mineral sands marketing veteran Ian Hind to lead its marketing strategy as it ramps up drilling at the Mkanda and Kampini rutile projects in Malawi, aiming to advance resource definition and commercial viability in 2026.

Axel REE reports thick, shallow rare earth mineralisation with strong heavy rare earth enrichment at Woolrich, underpinning plans for an Indicated resource upgrade and in-situ recovery trials.

Mount Ridley Mines’ latest 3D gravity inversion modelling validates its existing resource and uncovers multiple new high-priority rare earth and scandium targets, pointing to significant upside along strike and at depth.

Victory Metals finalises metallurgical testwork revealing major CAPEX and OPEX savings for its North Stanmore heavy rare earth project, with the PFS on track for Q2 2026.

Pure Resources has partnered with Oak Ridge National Laboratory to develop a rare earth extraction process from its Garnet Hills garnet, aiming to add critical minerals value alongside its industrial minerals business.

Dalaroo Metals completed full acquisition of its Greenland Blue Lagoon Project, confirming a district-scale critical minerals system, while advancing high-grade gold exploration in Côte d’Ivoire with drill-ready targets and expanding investor access via a US OTCQB listing.

RareX Limited has advanced its rare earths ambitions by securing a key mining lease at Cummins Range, appointing a strategic board member, and raising $5 million to fund exploration and development.