Latest Metals Recovery News

Lithium Universe Limited (ASX: LU7) has reported laboratory success for its licensed GCDE technology, achieving over 99% gold recovery and 97% purity from chloride solutions and e-waste, positioning it as a greener alternative in precious metals extraction.

Lithium Universe Limited has secured $900,000 through a placement with existing investors to fund working capital and progress key projects including the Brownsville Lithium Refinery PFS and innovative metal recycling technologies.

Godolphin Resources has unveiled a significant polymetallic sulphide discovery at Cousin Jack within its Lewis Ponds Project, alongside progressing an IPO to spin out its Narraburra Rare Earths asset into Matrix Critical Minerals.

American West Metals is progressing its Storm Copper Project towards near-term production while expanding critical metals resources at West Desert, supported by a US$40 million financing and offtake deal.

Develop Global (ASX:DVP) posted a record June quarter with Woodlawn copper-zinc production up 47%, supported by a US$400 million Trafigura financing deal that underpins its Sulphur Springs and Pioneer Dome projects.

Nico Resources has completed preparations for a key infill drilling campaign at its Wingellina nickel-cobalt project, aiming to upgrade resource classifications and refine metallurgical understanding. The company also inked a strategic MOU with Pure Battery Technologies to explore regional refining opportunities amid a turbulent nickel price environment.

Aeris Resources has reported a substantial 70% jump in Mineral Resources and a fourfold increase in Ore Reserves at its Tritton Operations, driven by the Peel Mining acquisition and successful exploration at key deposits.

Aurelia Metals (ASX: AMI) exceeded its FY26 gold production guidance, delivering 50.4koz of gold and reporting its highest quarterly operating cash flow since 2018. The company also secured a new $150 million financing facility, bolstering liquidity as it advances key growth projects.

Group 6 Metals set a new quarterly record processing 77,953 tonnes at its Dolphin Tungsten Mine, producing 21,297 MTUs of tungsten concentrate despite lower feed grades. The company strengthened its cash position to $49.5 million and commenced underground mining, aiming to improve grades and recovery in coming quarters.

Locksley Resources has demonstrated significant progress in antimony recovery through its collaboration with Rice University, successfully upgrading raw ore to high-purity antimony products and producing metallic antimony via electrodeposition.

Temas Resources has filed a new patent for its proprietary Regenerative Chloride Leach (RCL) process targeting vanadium extraction, broadening its critical minerals technology portfolio and reinforcing its commercial licensing ambitions.

Godolphin Resources’ mineralogical study at Lewis Ponds reveals talc dilution in lead concentrate, proposing a pre-flotation step that could double lead grade and boost precious metals recovery.