Latest Iron News

Trek Metals’ maiden drilling at Kuro returns multiple high-grade manganese intercepts including a standout 10m at 42.3% Mn, validating an extensive near-surface system with promising low penalty elements.

Hawsons Iron (ASX:HIO) is aiming to raise up to A$1.5 million through a discounted Share Purchase Plan, sweetened with free attaching unlisted options exercisable at A$0.015 each.

Lithium Universe Limited has secured $900,000 through a placement with existing investors to fund working capital and progress key projects including the Brownsville Lithium Refinery PFS and innovative metal recycling technologies.

Right Resources' Heavy Liquid Separation testwork on a Blue prospect sample yielded a high-grade tungsten concentrate with recoveries up to 81.6%, supporting gravity-based processing options.

Killi Resources has kicked off a major drilling campaign at its Lodestone Iron Ore Project, aiming to grow and upgrade its 110Mt resource of high-purity magnetite expected to command a price premium.

Galan Lithium is set to become a significant lithium brine producer with its Hombre Muerto West project in Argentina, targeting first sales in the second half of 2026. The company boasts a world-class resource, strong fiscal incentives, and a valuation discount to ASX peers.

Monadelphous has secured a $200 million contract from BHP to deliver key infrastructure works at the Nelson Point Port Facility in Port Hedland, signalling a significant boost for its engineering construction division.

Mandrake Resources has strategically refined its Utah Lithium Project tenure by securing three key SITLA leases in the project’s central zone and relinquishing marginal blocks, positioning itself for upcoming bulk lithium brine production and technical evaluation.

Peregrine Gold has expanded the known gold-bearing paleo gravel strike at its Capricorn Prospect to approximately 4 kilometres, uncovering a new potential gold source and advancing plans for small-scale mining operations.

Iondrive has launched its first five-tonne IONSolv™ production campaign in North America, aiming to produce about 1.4 tonnes of mixed rare earth oxide from recycled permanent magnets by Q4 2026. This milestone bridges lab validation and commercial-scale plans while supporting US supply chain independence.

FIN Resources has secured A$1.7 million via a two-tranche placement to fund diamond drilling at its Cabin Lake Gold Project, targeting 14 undrilled high-priority prospects in Canada’s Northwest Territories.

Verity Resources has upgraded its Monument Gold Project with a maiden indicated resource and is progressing development studies, while its Botswana copper-silver and Brazil rare earth projects offer multiple growth avenues.