Latest Offtake News

Future Metals NL has delivered a significant upgrade to its Panton PGM Project, reporting an 82.3 million tonne resource at 1.6 g/t platinum equivalent, underpinning a refreshed development plan.

American Tungsten & Antimony Ltd (ASX: AT4) has named Casper Adson as CEO to spearhead its metallurgical strategy, aiming to transform its US antimony and tungsten assets into defence-grade products and tap into US government funding.

Ioneer has signed non-binding MOUs with Korea’s KIND and Hyundai Engineering, edging closer to a Final Investment Decision for its Rhyolite Ridge lithium-boron project in Nevada.

EV Resources (ASX:EVR) accelerates its Tecomatlán plant timeline to 10-12 months for flotation circuit operation using third-party ore, while concluding Phase 1 drilling at Los Lirios with high-grade antimony results and validated assays.

Rio Tinto has opted out of operating Sovereign Metals' Kasiya project, ending its exclusive marketing rights and allowing Sovereign to pursue a US-focused critical minerals approach. Sovereign aims to secure binding offtake deals with US and allied partners, leveraging Kasiya's strategic minerals for Western supply chains.

West Cobar Metals (ASX: WC1) has identified promising high-grade scandium drill targets at its Salazar project, alongside metallurgical testwork indicating potential for lower-cost scandium production via atmospheric leaching and bioleaching.

Brazilian Critical Minerals (ASX: BCM) has raised around A$10 million through a two-tranche institutional placement to fast-track its Ema Rare Earths Project towards a Final Investment Decision. The capital injection follows a robust Bankable Feasibility Study highlighting Ema's low capital intensity and strategic significance.

Anax Metals (ASX: ANX) is launching a high-impact 18-hole diamond drilling campaign at its Whim Creek Project, aiming to extend the Mons Cupri VHMS deposit and uncover new mineralisation with modern techniques.

Nelson Resources appoints Nicholas Ong to its board while progressing underground drilling at its Gold Point project in Nevada, with assay results pending and a second drilling phase imminent.

Zeotech Limited has extended its offtake agreement with Jiangsu Mineral Sources International Trading Co. to April 2027, while completing a major drilling campaign and securing key environmental and infrastructure approvals at the Toondoon Kaolin Project.

GreenTech Metals is gearing up for a substantial 8,300-metre drilling campaign across its Munni Munni and Whundo projects, backed by government co-funded geophysics and advancing metallurgical work to sharpen copper recovery.

Talga Group has begun commercial deliveries of its Talnode®-C battery anode to Nyobolt, marking a key revenue milestone and advancing its European supply ambitions. The 3,000-tonne offtake deal sets the stage for Talga's planned commercial-scale anode plant, with further customer negotiations underway.