Latest Industrial Metals News

Yugo Metals has received formal government approval for its 100%-owned Petrovo tenement in Bosnia and Herzegovina, opening the door to advance one of Europe’s most promising high-grade polymetallic systems. Exceptional grades of nickel, zinc, lead, antimony, gold, and silver have been confirmed, setting the stage for a new phase of exploration.

Lynas Rare Earths and Japan Australia Rare Earths B.V. have extended their supply agreement to 2038, securing firm commitments for critical rare earths with a pricing floor and upside sharing mechanism.

Black Bear Minerals has reported significant high-grade silver intercepts outside the existing Mineral Resource Estimate at its Shafter Silver Project in Texas, signalling potential for resource expansion and enhanced polymetallic value.

Codrus Minerals has identified high-grade molybdenum mineralisation up to 4.2% at its Bull Run Gold Project in Oregon, revealing significant polymetallic potential beyond gold. The discovery opens new avenues for exploration and value creation.

Yugo Metals has reported promising initial drilling results at its Kovacevac prospect, revealing high-grade polymetallic mineralisation that could underpin a resilient multi-commodity project.

Viking Mines has completed a cutting-edge drone survey at its Linka Tungsten Project, integrating 1970s data with modern technology to fast-track exploration and permitting.

Metal Powder Works reports a surge in demand for its commercially pure titanium powder, adding five new customers this quarter and securing a significant defense-linked order that could generate millions in recurring revenue.

Western Yilgarn NL has significantly expanded its exploration footprint at the Ida Holmes Junction Project to target high-grade gallium mineralisation and secured critical land access for drilling at its West Julimar Bauxite Project in Western Australia.

AML3D has landed a $4.5 million contract to supply two custom ARCEMY metal 3D printing systems to Newport News Shipbuilding, marking a significant expansion in the US defense manufacturing sector.

Flynn Gold Limited has successfully raised $5 million through a rights issue and placement, positioning the company to accelerate drilling and exploration across its Tasmanian gold, silver, and critical metals projects.

Vulcan Steel has successfully closed its retail entitlement offer, contributing to a total capital raise of approximately A$146.5 million. The new shares will begin trading next week, marking a significant step in the company’s growth trajectory.

Aurora Labs reported a 34% increase in loss after tax to $3.75 million for FY2025, alongside a 327% surge in revenue driven by defence contracts and 3D printing services. The company is progressing its micro gas turbine propulsion systems and pursuing aerospace certification to expand its market footprint.