Latest Niobium And Rare Earths News

AuKing Mining is proposing to acquire up to a 75% interest in the Qeqertaasaq niobium and rare earths project in West Greenland without an upfront payment. The project carries striking historical grades, but the data is not JORC 2012 compliant and still needs independent verification.

RareX has moved Cummins Range through key permitting and heritage milestones, while stronger metallurgical results broaden the project’s critical-minerals potential. But the explorer’s annual loss widened to A$5.07 million, cash burn remained high and its going-concern assessment still depends on future funding and project development.

Power Minerals has repositioned around two Brazilian critical minerals projects, led by Morro do Ferro’s thick, high-grade rare earth intersections and a conceptual 10.7Mt Exploration Target. The shift comes with stronger funding and no borrowings, but the audited accounts warn that further financing remains essential.

Australian Rare Earths has converted Koppamurra from an exploration story into a defined rare earths development case, with an A$858 million after-tax PFS NPV and a maiden Ore Reserve. The next test is less geological than financial: the company must fund the path from pilot processing to construction while carrying a material going-concern warning.

Connected Minerals has made Angola’s Bailundo niobium and rare earths project its flagship after writing off A$3.40 million in Namibian and Western Australian exploration assets. The pivot is now backed by a completed A$4.5 million placement and a planned 6,000-metre drilling campaign, but Bailundo remains an exploration-stage project without a declared resource.

RareX has identified a 74-metre zone of anomalous copper in drill hole KRC012 at the Niobe Prospect, with portable XRF readings peaking at 5,724ppm. The result broadens the Khaleesi exploration story, but laboratory assays are still four to six weeks away.

Australian Rare Earths has extended its Overland carbonatite discovery roughly 5km south, with hole OV176 intersecting 130 metres of interpreted carbonatite and ending within the unit. The geological footprint now appears to track a 10km magnetic corridor, but assays will determine whether the system carries meaningful niobium and rare earth grades.

Encounter Resources has identified a shallow, high-grade niobium zone at Joyce, 6 kilometres east of its Green deposit, with drilling ending in mineralisation. Assays from surrounding holes are due in October and will determine whether the zone has meaningful lateral continuity.

Gold Mountain has identified clustered niobium, magnet rare earth and phosphate anomalies across four Araxá prospects after expanding its stream sediment dataset to 515 samples. The results sharpen exploration targets, but the project remains well short of drilling, resource definition or economic assessment.

St George Mining has launched a pilot plant beneficiation study at its Araxá Project in Brazil, aiming to refine niobium and rare earth recovery ahead of commissioning its own processing facility in early 2027.

QEM Limited has finalized its acquisition of Idaho-based Big It and Columbite projects, gaining footholds in seven critical minerals including tungsten and niobium, aiming to mitigate US supply chain risks.

Connected Minerals (ASX:CML) is mobilising a ~6,000m reverse circulation and diamond drilling program at its Bailundo Carbonatite Project in Angola, aiming to define a maiden JORC Mineral Resource for niobium and rare earth elements.