Latest Mineral Sands News

Astron Limited and Energy Fuels have received a conditional Letter of Support from Export Finance Australia for up to A$80 million in senior debt financing, advancing the Donald Rare Earth and Mineral Sands Project toward production.

VHM Limited has obtained conditional financial backing of up to A$379 million from Export Finance Australia and the US Export-Import Bank to advance its Goschen Rare Earths and Mineral Sands Project in Victoria.

Chilwa Minerals has confirmed a significant carbonatite-hosted rare earth element discovery at its Mpyupyu target in Malawi, with initial drilling revealing elevated total rare earth oxide grades. This breakthrough supports the company’s strategy to develop a major rare earth system within its tenements.

Iluka Resources reported steady Q3 production but announced suspension of synthetic rutile and Cataby mine operations from December 2025, aiming for significant cost savings. Meanwhile, rare earths refinery construction accelerates amid tightening Chinese export controls.

Liberty Metals has secured an option to acquire three strategically located critical mineral projects in Brazil, targeting high-purity rutile and rare earth elements. This move positions the company in a Tier 1 mining jurisdiction with promising exploration upside.

MRG Metals reports encouraging early exploration results at its Adriano Rare Earth Project in Mozambique, with all 17 auger drill holes revealing heavy mineral concentrates and pegmatite outcrops suggesting a primary rare earth source. Assay results are pending to confirm the extent and grade of these deposits.

Iron Road Ltd progresses its Central Eyre Iron Project and Mulgathing heavy mineral sands exploration despite subdued iron ore investment and volatile energy costs. Strategic land options secured at Cape Hardy signal potential green hydrogen collaboration.

VHM Limited has secured a significant offtake framework with Mitsui and a US$200 million financing interest from the US Export-Import Bank for its Goschen Rare Earths and Mineral Sands Project, alongside key environmental approvals. These milestones set the stage for a Final Investment Decision in the first half of 2026.

VHM Limited has significantly expanded its Exploration Target at the Goschen Project in Victoria, revealing a potential resource of up to 4 billion tonnes of ore rich in valuable heavy minerals and rare earths. This update underscores Goschen's emerging status as a major player in Australia's mineral sands sector.

VHM Limited has reaffirmed the scale of its Goschen Project with updated Mineral Resource and Ore Reserve estimates, adopting a more cautious approach for Area 1 that enhances mine plan confidence while leaving substantial upside for future growth.

Lion Rock Minerals has landed a strategic $8.6 million investment from global titanium giant Tronox, marking a pivotal step in advancing the Minta Monazite and Rutile Project in Cameroon.

Aruma Resources has locked in $3.515 million through a placement to fund targeted exploration across its copper, heavy mineral sands, and uranium projects in Australia. The capital raise, supported by directors and new investors, aims to advance drilling and sampling programs at key sites.