Latest Magnesium News

EAU Lithium, a subsidiary of Cosmos Exploration, has signed a strategic Master Services Agreement with VULTEC, the German technology arm of Vulcan Energy Resources, to advance lithium extraction projects in Bolivia using cutting-edge direct lithium extraction technology.

Impact Minerals reports ultra-low uranium and thorium levels in Lake Hope high purity alumina, with three of four samples exceeding 99.99% purity. The results meet semiconductor industry standards without dedicated radionuclide removal steps, supporting ongoing pilot optimisation.

Venari Minerals has kicked off a 12-hole diamond drilling campaign at its Red Mountain Lithium Project in Nevada to elevate a significant portion of its resource from Inferred to Indicated status, setting the stage for a maiden Scoping Study in early 2027.

Anson Resources has secured 1,175 acres of mineral rights from Utah’s FFSL, boosting its Green River Lithium Project and setting the stage for a resource upgrade and feasibility study.

Jindalee Lithium is pushing ahead with its McDermitt Lithium Project in the US, securing shareholder approval for a NASDAQ listing via US Elemental and raising $10.9 million to fund drilling and testwork. The project aims to deliver both lithium and magnesium, aligning with US critical minerals priorities.

Axel REE has confirmed a breakthrough in sustainable rare earth extraction at its Woolrich deposit, surpassing previous test benchmarks and preparing for field trials in December 2026.

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.

Latrobe Magnesium (ASX: LMG) is set for leadership change with Robert Stein stepping in as CEO from October 2026, while Peter Mizera takes charge of the Construction Committee, underpinning the company’s push towards magnesium metal production.

Venari Minerals has raised an oversubscribed $6.1 million to fund key development stages at its Red Mountain Lithium and Strategic Minerals Project in Nevada, including resource upgrades and a scoping study targeted for early 2027.

Lindian Resources has secured independent validation from ANSTO of a complete hydrometallurgical flowsheet for its Kangankunde monazite concentrate, achieving near-complete NdPr extraction and producing a non-radioactive mixed rare earth carbonate product ready for commercial processing.

Latrobe Magnesium has secured a binding $16 million funding deal with Long State Investment to complete commissioning and expand its Demonstration Plant, marking a crucial step towards commercial magnesium metal production.

Axel REE is progressing its low-cost in situ recovery (ISR) rare earth strategy in Brazil with field trials planned at its Woolrich deposit, while confirming ongoing assay programs with no undisclosed material information.