Latest Investment Decisions News

Astral Resources has reported significant deep gold mineralisation extending well below the current Theia Deposit resource at its Mandilla Gold Project, alongside ongoing in-fill drilling to upgrade open pit resources.

Athena Resources has kicked off a 2,900m drilling campaign at its Narryer magnetite deposit, aiming to establish its first Mineral Resource Estimate and advance development plans within the Byro Magnetite Project.

Iondrive Limited has gained a significant boost from the Oklahoma Department of Commerce, receiving a Letter of Support and potential incentives valued at over US$15 million for scaling its rare earth recycling modules in the US.

HMC Capital has cleared key regulatory hurdles and locked in a $603 million investment from KKR, trimming its stake in the energy platform now rebranded as Illuma Energy. The deal paves the way for expanded battery storage projects and underpins a targeted development milestone in 2026.

KGL Resources has launched a A$300 million equity raising to complete funding for the Jervois Copper Project, combining it with a US$300 million streaming deal and existing cash to fully finance construction and production.

Provaris Energy has hit a major FEED milestone, submitting its detailed engineering package for the YP-Provaris LCO2 tank to DNV for maritime certification, positioning the company for significant CCS supply chain opportunities.

Comet Ridge has locked in $40 million through a two-tranche placement and plans a $5 million share purchase plan to fund full ownership and development of its Mahalo Gas Project.

Tivan Limited has inked a Memorandum of Understanding with Aboriginal Investment NT to explore investment and Indigenous participation in the Molyhil Tungsten Project, advancing its critical minerals ambitions in the Northern Territory.

Elementos Limited has secured a key regulatory milestone as the Regional Government of Andalucía grants its Oropesa Tin Project Overriding Public Interest status, easing the path for critical water licensing and advancing permitting certainty.

Ioneer has secured non-binding letters of intent with Korea’s KIND and Hyundai Engineering, marking a key step towards a Final Investment Decision for the Rhyolite Ridge lithium-boron project, targeting first production in 2029.

Astron Limited is advancing talks for a $220 million senior debt package to fund Phase 1 of its Donald Rare Earths and Mineral Sands Project, with a final investment decision now expected in Q3 2026.

Core Lithium has begun underground decline development at its BP33 deposit within the Finniss Lithium Project, alongside ongoing open pit mining at Grants, and successfully shipped its first lithium products via Darwin Port.