Latest Permanent Magnets News

St George Mining has secured A$72.5 million in institutional and strategic funding to advance its Araxá rare earths and niobium project in Brazil towards a final investment decision. The capital raise underscores the project's strategic importance amid tightening global critical minerals supply chains.

American Rare Earths has achieved a significant metallurgical milestone by successfully removing impurities from allanite-based rare earth ore at its Halleck Creek project, potentially lowering costs and boosting rare earth recovery.

Brazilian Rare Earths has secured a decade-long heavy rare earth offtake deal with Carester, aligning Brazil’s high-grade resources with a leading European separation facility. This partnership also includes engineering support to accelerate BRE’s refinery development.

Eclipse Metals has commenced mobilisation for its 2025 diamond drilling program at the Grønnedal Rare Earths Carbonatite Complex in Greenland, aiming to expand a significant rare earth mineral resource rich in critical magnet metals.

Magnum Mining & Exploration reports exceptional rare earth element recoveries from early leach tests at its Palmares REE Project in Brazil, highlighting strong potential for high-value magnet materials and a tier-one discovery.

OD6 Metals has selected an innovative process flowsheet for its Splinter Rock Rare Earth Project, achieving approximately 75% recovery of key rare earths with superior product purity and optimized costs. This milestone sets the stage for advanced testing and mining studies as the company advances toward production.

Dreadnought Resources has revealed a significant rare earth element discovery at its Stinger niobium deposit within the Gifford Creek Carbonatite, marking a new high-grade target in its Mangaroon Critical Metals project.

Brazilian Critical Minerals has reported sustained high-grade rare earth element recovery from its in-situ recovery trials at the Ema Project, with pregnant leach solution grades exceeding 5,700 ppm TREO and strong magnet rare earth oxide content.

St George Mining confirms a significant new high-grade rare earths and niobium discovery 1km east of its existing Araxá resource in Brazil, with assays revealing exceptional grades and promising expansion potential.

Brazilian Rare Earths Limited confirms a new high-grade rare earth district at Sulista, Bahia, with extensive mineralisation over 7 km strike and an exploration target of 12–18 Mt at 4–6% TREO. Ongoing drilling and geophysical surveys aim to advance towards maiden resource estimates.

Victory Metals Limited has reported exceptional heavy rare earth element assay results from its North Stanmore Project, revealing some of the highest Dysprosium and Terbium grades ever recorded in clay-hosted deposits globally.

Northern Minerals has released its Definitive Feasibility Study for the Browns Range Heavy Rare Earth Project, confirming an 11-year production plan targeting 181,000 tonnes of rare earth concentrate. The project aims to establish a critical Australian supply chain for heavy rare earths in partnership with Iluka Resources.