Latest Permanent Magnets News

Basin Energy has completed its acquisition of NeoDys Limited, gaining a dominant landholding in northwest Queensland rich in uranium and rare earth elements. The company is poised to commence maiden drilling on three district-scale targets backed by government funding and recent capital raising.

St George Mining’s latest diamond drilling results at the Araxá Project confirm a significant westward extension of high-grade rare earth and niobium mineralisation, reinforcing the potential for a major resource upgrade.

Dreadnought Resources has secured $18 million to fast-track its Mangaroon and Illaara gold projects, while boosting its Star of Mangaroon resource by 36% and unveiling significant rare earth discoveries at Gifford Creek.

Mont Royal Resources has finalized its merger with Commerce Resources, creating a dual-listed critical metals company focused on advancing one of North America’s largest rare earth deposits in Québec. Backed by a fresh A$10 million capital raise and a seasoned leadership team, Mont Royal is poised to become a key player in the global rare earths market.

ABx Group is set to begin drilling at its T8 Rare Earths discovery in northern Tasmania, targeting expansion of high-grade dysprosium and terbium mineralisation critical for advanced technologies.

Equinox Resources has confirmed significant near-surface rare earth mineralization at its Campo Grande Project in Brazil, with surface samples reaching up to 17,346 ppm TREO. The company is advancing exploration and evaluating strategic options for the project.

Liberty Metals has secured an option to acquire three strategically located critical mineral projects in Brazil, targeting high-purity rutile and rare earth elements. This move positions the company in a Tier 1 mining jurisdiction with promising exploration upside.

Verity Resources has confirmed widespread near-surface rare earth element mineralisation at its Pimenta Project in Brazil, highlighting a promising new discovery zone with high-value magnet rare earth oxides.

Eclipse Metals has commenced diamond drilling at its Greenland rare earth project, backed by a $4 million placement to expand and upgrade its resource. The move aligns with strategic plans for a Nasdaq dual listing amid growing global supply chain concerns.

Metallium Limited announces a breakthrough rare earth recovery method using Flash Joule Heating with chlorination, promising faster, cleaner recycling of critical metals from magnet waste and advancing U.S. supply chain independence.

Eclipse Metals has raised $4 million to accelerate drilling and resource upgrades at its Greenland rare earths project, while preparing for a potential NASDAQ dual listing.

ABx Group reports outstanding impurity removal results from bulk sample tests at its Deep Leads rare earth project, retaining over 98% of critical rare earths and advancing towards a mixed rare earth carbonate product sample in late 2025.