Latest Heavy Rare Earths News

Arafura Rare Earths has raised A$481 million in equity funding and secured key government backing, advancing its Nolans Project towards a final investment decision in 2026.

Iluka Resources has reported a significant 19% increase in heavy mineral tonnage at its WIM100 deposit in western Victoria, enhancing the resource confidence and supporting its rare earths supply ambitions for the Eneabba refinery.

Mount Ridley Mines has announced a maiden scandium mineral resource estimate of nearly 368 million tonnes at its Mount Ridley Project in Western Australia, positioning it among the world’s largest scandium deposits.

Northern Minerals has identified a promising new heavy rare earths target, the Vulcan prospect, through extensive drilling and soil sampling at its Browns Range project in Western Australia. This discovery, alongside advances in geological modelling and AI-driven exploration, signals a strategic step forward in the company’s rare earths ambitions.

Meteoric Resources has cleared a major regulatory hurdle with the approval of its Preliminary Environmental License for the Caldeira Rare Earths Project, enabling the company to progress towards construction and first production targeted for 2028. The company also commissioned its pilot plant, producing its first batches of rare earth carbonate.

Victory Metals has successfully cleared a previously misregistered heritage site adjacent to its North Stanmore Heavy Rare Earth Project, opening up around 1,000 acres for exploration and potential resource expansion.

Brazilian Critical Minerals has reported significant progress at its Ema rare earths project, producing a high-grade rare earth carbonate rich in critical magnet metals and advancing key drilling, permitting, and feasibility milestones.

European Resources Limited has accelerated its rare earths exploration and metallurgical programs in Finland, supported by a fully subscribed $1.6 million rights issue and a $546,750 placement. Key drilling and processing initiatives aim to unlock value amid rising global demand for critical minerals.

ABx Group has reported exceptional rare earth extraction rates exceeding 80% from column leach tests on bulk samples at its Deep Leads project, suggesting heap leaching could outperform traditional tank methods and accelerate commercial production.

Dalaroo Metals is fast-tracking its 2026 exploration program at the Blue Lagoon project in Greenland following promising 2025 results that confirmed widespread rare earth and critical mineralisation. The company aims to define drill-ready targets and advance its position in the strategic critical minerals sector.

Ionic Rare Earths has secured a listing on the U.S. OTCQB Venture Market, enhancing access for American investors to its rare earth and magnet recycling ventures. This move aligns the company with North American critical minerals priorities and broadens its global investor base.

Sovereign Metals has recovered a heavy rare earth monazite concentrate from its Kasiya project tailings, revealing concentrations of critical elements that surpass those of the world’s largest producers. This discovery could add a lucrative by-product stream at minimal cost, enhancing Kasiya’s strategic value amid tightening global supply chains.