Latest Offtake Agreements News

Critical Minerals Group’s Pre-Feasibility Study for its Lindfield Vanadium Project delivers a robust $821 million pre-tax NPV and 26.6% IRR, setting the stage for a Definitive Feasibility Study and potential final investment decision in 2027.

Iondrive appoints ex-BHP innovation chief Dr Grant Caffery as CEO, signalling a pivot from development to commercial scale-up following strong rare earth recovery results and a US$15 million Oklahoma funding pathway.

Talga Group has signed a non-binding Letter of Intent with Japan’s Dainen Materials to supply its Talnode®-C battery anode from Sweden, aiming for a binding agreement by year-end. This deepens a five-year partnership and positions Talga in Japan’s demanding battery market.

Meteoric Resources has expanded its Ore Reserve at the Caldeira Rare Earth Project in Brazil by 42%, underpinning over 20 years of production and reinforcing its Tier 1 status in the global rare earths market.

Lithium Universe (ASX: LU7) reports strong construction progress at Norah Mining's Nigerian spodumene concentrator, securing long-term feedstock and opening interim trading opportunities ahead of its North American refinery launches.

Almonty Industries has extended and expanded its tungsten offtake agreement with Global Tungsten & Powders, raising contracted volumes by 40% and expected annual revenue by US$30 million at current prices.

Blue Star Helium has dispatched its first helium production tube trailer from its Pinon Canyon Plant, marking a key milestone as the facility ramps up output and secures a new fixed-price offtake deal.

EQ Resources reported FY26 tungsten production of 1,189 tonnes WO3 and is advancing major expansion projects at its Mt Carbine and Barruecopardo mines to more than triple output amid tightening global supply.

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.

Killi Resources is launching a major exploration push at its Lodestone Iron Ore Project, targeting rapid growth of its 110Mt inferred resource through an extensive drilling and geophysical campaign.

Magnum Mining has secured Jack Lifton, a globally recognised rare earth expert, to steer business development as it advances its Piracanjuba North drilling campaign in Brazil.

Delorean Corporation has received a $1.66 million milestone payment from ARENA, advancing its SA1 Salisbury bioenergy facility towards renewable gas production and multiple revenue streams.