Latest Offtake News

Everest Metals has appointed Hall Chadwick as exclusive strategic adviser to explore funding and commercial pathways for its Mt Edon rubidium project, focusing on US and allied market opportunities.

Carnaby Resources has made significant strides at its Greater Duchess Copper Gold Project, delivering a robust Pre-Feasibility Study and consolidating ownership, before agreeing to a $213 million acquisition by Evolution Mining offering shareholders a 60% premium.

Vanadium Resources (ASX: VR8) has locked in a right of first refusal and exclusivity option over a prime brownfield site in South Africa’s Highveld Industrial Park for its planned V-Iron Plant, reinforcing its path towards feasibility and financing.

EcoGraf Limited (ASX:EGR) is raising approximately AUD 2 million through an underwritten Share Purchase Plan (SPP) offering new shares at a 20% discount. The funds will support key project financing and expansion activities at its Epanko Graphite Project and related operations.

Anax Metals is upgrading its Whim Creek Heap Leach Scoping Study to a Feasibility Study, aiming to unlock additional value from low-grade copper and zinc ores alongside its strong concentrator project.

Vulcan Energy has unveiled a Preliminary Feasibility Study for Project Ludwig, its second lithium and geothermal phase in Germany, projecting stronger economics and a repeatable growth model.

A2MP Investments has issued a third supplementary bidder's statement disputing the valuation and assumptions underpinning Canyon Resources' takeover response, highlighting persistent funding uncertainties and project execution risks. The bidder insists its offer remains the sole liquidity option for shareholders ahead of the September 21 deadline.

Jameson Resources is raising up to A$5 million through a discounted entitlement offer to complete environmental approvals and Indigenous partnerships for its Crown Mountain steelmaking coal project.

ZhongNuo has begun a 15-day geological mapping program at Chariot Resources' Iganna lithium project in Nigeria, marking a key step under their binding term sheet. This work precedes a potential drilling campaign contingent on project selection.

Viking Mines has reported high-grade tungsten mineralisation up to 2.7% WO3 at its Long and Terrell Projects in Nevada, expanding the potential of its tungsten portfolio beyond the flagship Linka Project.

American Tungsten & Antimony has commissioned Metso Finland to conduct a concept-level study for expanding ammonium paratungstate production at its Nevada Del Sol Refinery, aiming to bolster US domestic tungsten supply amid national security concerns.

Alvo Minerals has secured an earn-in agreement for a 656-hectare tenement adjacent to its Bluebush Heavy Rare Earth Element project in Brazil, extending its footprint over the prolific Northern Serra Dourada granite.