Latest Heavy Rare Earths News

Magnum Mining & Exploration Limited has completed its acquisition of Palmares Estudos Geologicos LTDA, gaining full ownership of promising rare earth element projects in Brazil. Early exploration results reveal significant high-grade rare earth oxides, positioning Magnum to benefit from global supply shifts.

Critica Limited has secured drilling approvals and government funding to explore high-grade heavy rare earth elements at its Aurora and Juno satellite prospects near the flagship Jupiter deposit in Western Australia.

ABx Group has discovered a new rare earth element province 52 km east of its Deep Leads resource in northern Tasmania, revealing exceptionally high grades of terbium and dysprosium critical for advanced technologies. This discovery aligns with shifting global supply dynamics amid US incentives and Chinese export restrictions.

Australian Strategic Materials (ASM) outlines progress on its Korean Metals Plant ramp-up, strategic plans for a US metals facility, and conditional funding support for the Dubbo Project, reinforcing its mine-to-metals supply chain ambitions.

Chilwa Minerals has confirmed a significant carbonatite mineral system hosting critical rare earth elements at its Lake Chilwa project, with ongoing diamond drilling underway at the Mposa anomaly.

RareX Limited has advanced its critical minerals portfolio with new tenements at Mt Mansbridge, high-grade gallium and scandium findings at Cummins Range, and a strategic consortium bid with Iluka Resources for Kenya’s Mrima Hill project.

Viridis Mining and Minerals has announced a landmark 140% increase in its Colossus Project's rare earth resource, now the largest and highest-grade ionic adsorption clay deposit worldwide. A recent Scoping Study confirms the project's exceptional economics and low-cost profile, positioning it as a global leader in rare earth production.

Heavy Rare Earths Limited (ASX:HRE) has expanded its uranium exploration footprint through a significant asset acquisition in South Australia and advanced geophysical surveys, positioning itself for targeted drilling in 2025.

Caspin Resources has delivered exceptional high-grade tin results from its maiden drilling at the Bygoo North Prospect, confirming a large-scale mineralised system with significant growth potential. Concurrently, metallurgical test work advances at Mount Squires for rare earth extraction.

Ionic Rare Earths reports major strides in sustainable magnet recycling and heavy rare earth projects, backed by strategic partnerships and a sharp reduction in losses.

ABx Group Limited reports significant progress in rare earths exploration in Tasmania, ALCORE fluorine recycling pilot plant development, and bauxite project advancements, positioning itself amid tightening global supply chains.

Australian Rare Earths Limited (ASX: AR3) has successfully raised $3.6 million through a fully subscribed rights issue, backed strongly by existing shareholders and directors. The capital injection positions AR3 to advance uranium exploration and rare earth development amid favorable geopolitical shifts.