Latest Heavy Rare Earths News

Iluka Resources posted a net loss of $288 million in 2025 amid subdued mineral sands demand but progressed key projects including the Balranald mine commissioning and Eneabba rare earths refinery construction.

Victory Metals has partnered with Curtin University and the Australian Government to accelerate development of the North Stanmore Heavy Rare Earth Project, positioning Australia as a key player in critical minerals supply.

Meteoric Resources has successfully commissioned its Mixed Rare Earth Carbonate pilot plant in Brazil, achieving strong recovery rates and production outputs that validate its processing approach and de-risk the Caldeira project.

Ionic Rare Earths is advancing its rare earth magnet recycling ambitions with strategic leadership relocation, government recognition, and new funding discussions. The company’s Belfast facility gains global significance as it targets key international markets.

Critical Metals Corp has released final assay results from its 2025 drilling program at Greenland’s Tanbreez Rare Earths Project, confirming broad and consistent rare earth mineralisation with promising resource growth potential.

Enova Mining's latest drilling at East Salinas, Brazil, confirms significant rare earth element mineralisation in surface clays, with promising leach recoveries pointing to a cost-effective extraction pathway.

Victory Metals has reported a remarkable 26-fold increase in Hafnium grade at its North Stanmore project, achieved through simple gravity separation, positioning the company as a potential key supplier of this critical defence metal.

Heavy Rare Earths Limited has broadened its mineral rights at the Radium Hill project to include all minerals, setting the stage for a maiden drilling campaign in 2026 amid soaring yttrium prices.

Fortuna Metals has confirmed significant high-grade rutile mineralisation across broad areas of its Mkanda project in Malawi, with 675 drill holes completed and assays pending for the majority. The discovery positions the company alongside a world-class deposit and taps into surging demand for titanium in robotics.

Magnum Mining and Exploration has completed its acquisition of the Wet Mountain Rare Earth Element Project in Colorado, marking a significant step in its U.S. critical minerals strategy. The project boasts historic surface assays up to 7.99% Total Rare Earth Elements, with exploration plans underway.

New Frontier Minerals has completed the Stage 1 earn-in to secure an 85% interest in a pivotal tenement at its Harts Range Heavy Rare Earths Project, positioning the company strongly ahead of imminent assay results.

Lodestar Minerals has secured a binding option to acquire the Virgin Mountain Heavy Rare Earth Elements project in Arizona and defined a significant gold exploration target at Ned’s Creek, while gearing up for its first Chilean drill program.