Latest Metals Processing News

AIC Mines has awarded a fixed-price $77.6 million contract to GR Engineering to expand its Eloise processing plant capacity from 725,000 to 1.1 million tonnes per annum, with construction set to begin in October 2025 and commissioning expected by late 2026.

Cygnus Metals reports robust infill drilling results from its flagship Corner Bay deposit, reinforcing the potential for resource growth and underpinning an upcoming Mineral Resource update scheduled for Q3 2025.

Anax Metals has locked in a $3.3 million convertible note investment from Mineral Development Partners, with conditional commitments for up to $100 million to advance the Whim Creek Project and establish a Pilbara base metals hub.

MTM Critical Metals reported major progress in its Flash Joule Heating technology and secured $15.5 million in capital raises, positioning itself for commercialisation and strategic growth in critical metals recovery.

Almonty Industries has secured an exclusive offtake agreement with South Korea’s SeAH Group to supply 100% of molybdenum from its Sangdong project, underpinning financial stability and strengthening local supply chains.

Anax Metals has confirmed the success of its scaled-up bioleaching technology, achieving copper recoveries of up to 80% and zinc recoveries exceeding 90%, reinforcing its strategic position in Pilbara's base metals sector.

MTM Critical Metals reports solid progress on its US-based Flash Joule Heating demonstration plant, targeting a Q4 2025 start-up in Texas amid favorable regulatory and funding prospects.