Latest Iron News

Firebird Metals has validated its proprietary Lithium Manganese Rich (LMR) cathode materials, achieving discharge capacities on par with commercial references and significantly surpassing conventional LFP and high-nickel NCM cathodes. This milestone underscores Firebird's integrated battery materials strategy and sets the stage for advanced optimisation at its Australian Demonstration Plant.

Akora Resources has successfully raised $3.3 million through a placement and entitlement offer, advancing its high-grade Bekisopa iron ore project in Madagascar following a key mining permit grant.

Cazaly Resources has confirmed high-grade gold mineralisation at depth in Western Australia's Goongarrie Gold Project and secured ground access for a detailed magnetic survey in Namibia’s Abenab North project, maintaining a solid cash position of approximately $4.5 million.

Trek Metals has completed its maiden manganese drilling at the Kuro discovery in WA, with visual manganese logged in 63 of 72 holes. The drilling confirms Induced Polarisation as an effective tool for uncovering concealed manganese mineralisation, with assay results expected by early August.

Element 25 is on track to commission its Butcherbird manganese expansion in early 2027, while securing a substantial US Department of Energy grant to support its US battery materials facility.

Deterra Royalties reported a record A$61.8 million iron ore royalty revenue from Mining Area C in the June 2026 quarter, alongside significant progress at the Thacker Pass lithium project with US$1.21 billion drawn from a US Department of Energy loan.

Black Canyon Limited’s June quarter report highlights robust drilling results and beneficiation success at Wandanya, supported by a $265K WA government grant and a solid $7.8 million cash position.

Nex Metals Explorations reports metallurgical test results confirming ~1 g/t gold grades at its Kookynie Tailings Project, alongside the unexpected identification of scheelite, a tungsten mineral, as a potential byproduct.

Canadian Phosphate (ASX: CP8) has kicked off a 3,000-metre drilling campaign at its Wapiti Phosphate Project in British Columbia, aiming for a Mineral Resource Estimate by late 2026 that will support both traditional fertilizer and advanced battery material markets.

Delta Lithium delivered high-grade lithium drilling results at Mt Ida and uncovered significant fluorite mineralisation at Yinnetharra, while securing key tenement acquisitions and maintaining a strong cash position of $49.6 million.

Genmin has locked in A$3 million in unsecured director loans to fund working capital for its Baniaka iron ore project, avoiding immediate shareholder dilution while advancing project financing.

Great Bear Exploration (ASX:GBL) has secured $6.5 million to back its acquisition of the Great Bear Project in Canada, gearing up for a two-year exploration campaign starting August 2026. The company also reshapes its focus by restructuring HCD Technologies rights.