Latest Minerals Development News

Locksley Resources has secured $1.47 million through a heavily subscribed placement to fund a critical minerals exploration campaign at its Mojave Project in California, targeting rare earth elements and antimony.

Ionic Rare Earths, through its Viridion joint venture, has delivered the first recycled rare earth oxides to Brazil’s CIT SENAI ITR, marking a key step toward a domestic magnet supply chain in South America.

Resource Mining Corporation has raised $2 million through a share placement to accelerate copper-gold exploration in Tanzania, with strong backing from directors including Chairman Asimwe Kabunga.

Lincoln Minerals’ Kookaburra Graphite Project has delivered battery-grade graphite purity exceeding 99.95%, confirming its suitability for lithium-ion battery anodes through a safer, hydrofluoric acid-free process.

EcoGraf Limited has been granted a second Australian patent for its HFfree® purification technology, reinforcing its position in the sustainable battery materials market. This patent extends protection for its innovative graphite purification process critical to lithium-ion battery anode production and recycling.

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.

Green Technology Metals (ASX: GT1) reports a significant lithium resource increase to 30.4 million tonnes and advances key projects in Ontario, while implementing strategic cost controls amid challenging market conditions.

Ionic Rare Earths reports major strides in sustainable magnet recycling and heavy rare earth projects, backed by strategic partnerships and a sharp reduction in losses.

Mont Royal Resources has announced a transformative merger with Commerce Resources, creating a dual-listed Canadian-focused critical metals company anchored by the Ashram Rare Earth and Fluorspar Deposit in Quebec.

Australian Rare Earths Limited (ASX: AR3) has successfully raised $3.6 million through a fully subscribed rights issue, backed strongly by existing shareholders and directors. The capital injection positions AR3 to advance uranium exploration and rare earth development amid favorable geopolitical shifts.

American West Metals has unveiled a positive Preliminary Economic Analysis for its Storm Copper Project in Canada, outlining a low-cost, 10-year production plan with strong financial returns. The company also secured a strategic funding and offtake partnership with Ocean Partners, while advancing its critical minerals projects in the US.

Red Metal Limited's March 2025 quarterly report reveals robust progress across its rare earth and base metals projects, underpinned by promising drilling results and supportive government funding.