Latest Metals Market News

Rimfire Pacific Mining's initial metallurgical tests at Murga suggest feasible scandium extraction at atmospheric pressure, prompting longer-term trials and a strategic advisory appointment to aid funding and market access.

Siren Gold's mining permit application for Sams Creek was declined, yet the company reports strong exploration progress at Queen Charlotte and Langdons projects, positioning for future drilling.

Stellar Resources has boosted its Heemskirk Tin Project resource by 64% at Severn, pushing total contained tin to over 129,000 tonnes, while advancing prefeasibility studies and securing a $22.1 million capital raise.

Lithium Universe (ASX: LU7) reports strong construction progress at Norah Mining's Nigerian spodumene concentrator, securing long-term feedstock and opening interim trading opportunities ahead of its North American refinery launches.

Rimfire Pacific Mining has engaged UK-based Xcelsior Capital Advisors to support funding, government relations, and marketing for its NSW scandium projects, leveraging Xcelsior’s ties to the Wogen group and global critical minerals networks.

Firebird Metals secures independent international validation confirming its manganese sulphate surpasses 99.99% purity, well beyond Chinese industry benchmarks, reinforcing its proprietary processing edge and advancing its Australian Demonstration Plant.

Discovery Alaska is progressing preparations for its first drilling campaign at the Boulder Creek project in Idaho, targeting historic high-grade zones identified in the 1980s alongside recent encouraging rock samples.

Fortuna Metals has commissioned its own laboratory in Malawi, accelerating sample processing and cutting assay costs as it nears a maiden resource estimate for its Mkanda rutile and graphite project.

Sims Limited has lifted its FY26 underlying EBIT forecast to $420-$435 million, driven by robust North American metals performance and growth in its Lifecycle Services segment amid mixed ferrous market conditions.

St George Mining’s initial beneficiation testwork at its Araxá Project in Brazil has delivered high-grade niobium concentrates and a promising rare earth concentrate, validating its dual commodity approach and underpinning next-stage pilot plant plans.

Fortuna Metals has produced 66kg of high-grade rutile concentrate from its Mkanda project bulk sample and is progressing drilling programs ahead of a maiden inferred resource estimate expected by early July 2026.

Larvotto Resources has secured a binding seven-year gold concentrate offtake agreement with global giant Glencore for its Hillgrove project, complementing an existing antimony deal and paving the way for production in August 2026.