Latest Magnesium News

Latrobe Magnesium Limited has received a $6.29 million R&D tax rebate from the ATO, using the funds to reduce debt and progress its magnesium production plants in Australia and Malaysia.

Axel REE Limited has announced a substantial upgrade to its Caladão Rare Earth Elements and Gallium resource in Brazil, expanding the project’s scale and advancing plans for low-cost in situ leach extraction.

Western Mines Group reports significant nickel sulphide mineralisation from deep diamond drilling at its Mulga Tank project, reinforcing its vision of a large-scale hybrid nickel system. Drilling will resume in January 2026 to extend these promising results.

Calix Limited has landed a significant three-year contract with a major US agriculture company, potentially adding up to A$10 million in annual revenue starting early 2026.

Brazilian Critical Minerals Ltd has produced a high-grade mixed rare earth carbonate with 52.5% total rare earth oxides and 41.5% magnet rare earth oxides from its Ema Project field trials, validating a low-capital in-situ recovery process.

Korab Resources reports significant gold and base metals exploration progress at its Rum Jungle Project, alongside innovative mining method evaluations and ongoing legal challenges to key lease renewals.

McPherson’s Limited has unveiled a sweeping two-year transformation, streamlining its brand portfolio and adopting a scalable third-party logistics model to drive growth and improve financial stability.

Terra Metals reports promising assay results from the Southwest SW1 Prospect, revealing multiple near-surface Bushveld-style reef layers and a newly identified magmatic sulfide zone, expanding the polymetallic footprint of the Dante Project.

Jindalee Lithium has completed its 2025 drilling program at the McDermitt Lithium Project and is advancing plans to list its US subsidiary on a national exchange, extending exclusivity with its merger partner.

Brazilian Critical Minerals Ltd has confirmed high-grade rare earth element mineralisation at its Ema project in Brazil, with new drilling results extending the resource footprint and reinforcing the project's economic potential.

Miramar Resources has expanded its gold exploration footprint with promising new targets at the Gidji JV and confirmed a Noril’sk-style deposit at Bangemall, backed by a $2.2 million capital raise to fund upcoming drilling campaigns.

International Graphite Limited has finalized the purchase of industrial land in Collie, Western Australia, setting the stage for Australia’s first commercial graphite micronising facility amid rising global demand.