Latest Lithium And Rare Earths News

Aruma Resources has reported promising high-grade copper intersections from its maiden drilling at Fiery Creek, alongside new heavy mineral sands and gold-copper targets, supported by a $3.515 million placement to fund ongoing exploration.

Perpetual Resources has reported exceptional maiden drilling results at its Igrejinha Project in Brazil’s Lithium Valley, confirming a polymetallic system rich in lithium, caesium, tin, tungsten, and tantalum. A recent $1.6 million capital raise bolsters its exploration momentum.

GR Engineering Services Limited reported a robust FY25 with revenue climbing to $479 million and EBITDA surging to $57.2 million, supported by successful project completions and an expanded contract pipeline. The company declared a higher fully franked dividend and maintains a strong cash position as it looks ahead to FY26.

Resouro Strategic Metals has completed a $3 million private placement, attracting strategic investor Jose Luis Manzano to support its Tiros Titanium-Rare Earths Project in Brazil.

Bubalus Resources has reported encouraging drilling results at its Victorian gold projects and is advancing rare earth exploration in the Northern Territory, supported by a solid cash position.

Patagonia Lithium prepares to drill a key lithium well in Argentina while advancing rare earth exploration in Brazil, backed by recent funding and promising early results.

European Lithium Limited has sold 3 million shares of Critical Metals Corp. at a 10% premium, raising US$21 million and underscoring the strong value of its CRML stake.

Aruma Resources has intersected promising high-grade copper mineralisation in its first drilling campaign at the Fiery Creek Copper Project, signalling renewed potential in the Mt Isa copper belt after two decades of limited exploration.

Perpetual Resources has launched a prospectus to enable trading of new options issued alongside a recent $1.6 million placement, aiming to unlock liquidity while outlining key risks for investors.

Taruga Minerals has secured three contiguous exploration permits in Western Australia's Gascoyne province, unlocking access to historically high-grade base and precious metal sites with no prior modern drilling. This move sets the stage for a broader regional exploration campaign.

Summit Minerals reports promising initial soil sampling results at its Equador Project in Brazil, revealing a 4km-plus geochemical anomaly and a newly discovered niobium-tantalum bearing pegmatite outcrop. These findings validate and extend the company’s ‘Fractionated Pegmatite Corridor’ model, setting the stage for targeted drilling and further metallurgical testing.

Summit Minerals reports promising initial soil sampling results from its Equador Project in Brazil, confirming a significant 4km+ geochemical anomaly and discovering a new niobium-tantalum bearing pegmatite outcrop. Further assays and metallurgical testing are underway to refine exploration targets.