Latest Industrial Applications News

Blue Star Helium Limited has raised up to A$8.2 million through a placement and rights issue to fund production scale-up and further drilling at its Galactica helium project in North America.

McLaren Minerals has acquired the Barossa mineral sands project from Iluka Resources, adding a high-grade zircon-rich asset to its portfolio. The project offers promising prospects near a tier-one mine with structured payments tied to development milestones.

Great Northern Minerals has revealed a significant 1-kilometre quartz-stibnite vein with assays up to 7.1% antimony at its Catalyst Ridge Project, alongside plans to expand its footprint in California. The discovery hints at promising gold potential beneath the surface, echoing nearby major deposits.

IRIS Metals has signed a binding agreement to farm-in exclusively to the Finley Basin Tungsten Project in Montana, expanding its critical minerals portfolio and cancelling a planned capital raise. Exploration is set to begin in early 2026 with resource estimation targeted for 2027.

Altitude Minerals has confirmed promising heavy mineral sands prospectivity at its Nilpinna Tenement in South Australia, with assays revealing heavy mineral grades as high as 12.5%. The discovery opens a new frontier for exploration in the Eromanga Basin.

Metal Powder Works Limited has achieved a major production milestone by successfully manufacturing high-purity silver powder using its patented DirectPowder™ process, positioning itself to serve the booming electric vehicle and electronics sectors.

VRX Silica Limited has expanded its Arrowsmith North project’s offtake commitments by 550,000 tonnes annually and appointed Pareto Securities to manage debt financing, reinforcing its path to production.

Black Bear Minerals has initiated a focused diamond drilling program at its Shafter Silver Project in Texas, aiming to extend mineralisation beyond the current 17.6 million ounce resource estimate. The program also seeks to explore the project's multi-commodity potential amid rising strategic demand for silver.

Osmond Resources has affirmed the materiality of recent drilling results at its Orión EU Critical Minerals Project in Spain, clarifying the timing of its disclosures following ASX inquiries. The findings suggest a potentially large-scale heavy mineral deposit rich in valuable minerals.

EQ Resources Limited has locked in a €15 million three-year prepayment facility with Traxys Europe S.A., coupled with a five-year offtake agreement for tungsten concentrate from its Spanish mine, strengthening its financial footing and market position.

Pure Resources has verified the presence of large to jumbo flake graphite at its Garnet Hills project in Western Australia, highlighting its potential for premium pricing and strategic US downstream applications.

Dart Mining’s drilling at Great Divide Mining’s Coonambula project reveals continuous massive stibnite mineralisation over a 300m strike, reinforcing the potential for a significant antimony-gold resource. Further drilling and analysis aim to define a JORC-compliant resource.