Latest Industrial Minerals News

Australian Silica Quartz Group's flagship Quartz Hill MGSi Project faces a setback after Quinbrook Infrastructure Partners terminates their development and offtake agreement. ASQ pivots to explore other high-grade quartz targets in Queensland.

Canadian Phosphate Limited has obtained a 10,000-tonne bulk sample permit for its Barnes deposit at the Fernie Project, marking a significant step toward establishing a domestic phosphate supply in British Columbia. Additional permits are underway, supporting the company’s growth and critical minerals strategy.

Mayur Resources has marked significant progress at its Central Lime Project in Papua New Guinea, completing key wharf infrastructure and ordering essential construction equipment ahead of major build phases.

Ragusa Minerals has terminated its binding agreement with Geopolymer Industries due to unmet conditions, reaffirming its commitment to the Burracoppin rare earths project and exploring fresh opportunities.

Andromeda Metals has achieved a key financing milestone with Merricks Capital's credit approval of a A$75 million debt facility, advancing the Great White Project towards final investment decision.

European Lithium Limited has clarified its mineral resource estimates and production targets for the Tanbreez Project following an ASX compliance query, reaffirming its basis for financial forecasts despite cautionary geological statements.

European Lithium Ltd and Critical Metals Corp have updated the Tanbreez Rare Earth Project scoping study, incorporating feldspar and arfvedsonite alongside eudialyte, underpinning a robust $2.4–3.0 billion NPV and a 162% IRR over a 19-year mine life.

European Lithium has announced a significant addendum to its Tanbreez Project Mineral Resource Estimate, adding 180 million tonnes of feldspar and arfvedsonite to the existing rare earth elements resource base. This broadens the project's economic scope and underlines its potential as a world-class rare earth development.

Corazon Mining has finalized the sale of its remaining 15% stake in the Miriam Project to Future Battery Minerals, securing A$350,000 in cash and streamlining its asset portfolio.

Heavy Minerals Limited is on the cusp of releasing its Port Gregory Garnet Project Pre-Feasibility Study, while simultaneously exploring a promising new industrial minerals opportunity and advancing funding efforts.

Mindax Limited has secured $7.75 million through a share placement and acquired strategic stakes in Doublebell Resource Wealth and Cashmere Iron, advancing its vision to develop the Mid-West region into a major iron ore hub.

Pure Resources has entered a strategic alliance with SSH Group to fast-track development of its Reedy Creek Garnet Project, supported by promising metallurgical test results and exploration progress.