Latest Permanent Magnets News

Northern Minerals has completed a Definitive Feasibility Study for its Browns Range Heavy Rare Earths Project, confirming its technical and financial viability as a critical new source of dysprosium and terbium outside China.

RareX Limited’s initial exploration at Mt Mansbridge reveals multiple high-grade heavy rare earth occurrences, including rock chips with up to 2.7% total rare earth oxides and exceptional heavy rare earth content. Soil sampling further confirms promising targets for future drilling.

St George Mining’s latest drilling assays at the Araxá Project in Brazil reveal exceptional grades of rare earth elements and niobium, signaling a potential major resource upgrade.

OD6 Metals announces a major upgrade at its Splinter Rock Rare Earth Project with the addition of an onsite Chlor-Alkali Facility, promising significant cost savings and enhanced product flexibility. This development could reshape the economics and sustainability profile of one of Australia’s largest rare earth deposits.

Power Minerals has initiated leach testing on high-grade rare earth element samples from its Santa Anna Project in Brazil, aiming to unlock processing pathways and confirm resource potential. Results expected this month will guide further drilling and resource estimation.

Magnum Mining & Exploration has initiated leach testing on high-grade samples from its Palmares Rare Earth Element Project in Brazil, aiming to validate recovery rates ahead of planned drilling. Results expected by September will guide the next phase of exploration across its extensive REE portfolio.

Lynas Rare Earths reported FY25 results featuring record NdPr output and the first commercial heavy rare earths production outside China, alongside a $750 million equity raise to fund its ambitious Towards 2030 growth strategy.

Lynas Rare Earths reported a 20% revenue increase in FY25 driven by higher NdPr sales, yet net profit fell sharply amid ramp-up costs and market challenges. The company completed key growth projects and unveiled its Towards 2030 strategy focused on downstream expansion.

Enova Mining confirms significant rare earth mineralisation at its East Salinas Project in Brazil, with rock chip assays reaching up to 2.17% TREO and elevated NdPr oxide ratios. The company is poised to commence diamond drilling to test these promising targets.

Brazilian Critical Minerals Ltd reports exceptionally high rare earth element grades from in-situ recovery trials at its Ema project, confirming economic viability with low capital costs. The breakthrough supports rapid project scaling and strong market potential.

Critica Limited has confirmed that its Jupiter Project in Western Australia hosts the country’s largest and highest-grade magnet rare earth clay-hosted resource, with 640 million tonnes at 490 ppm MREO. This milestone underscores Jupiter’s strategic potential in supplying critical rare earths essential for clean energy technologies.

ABx Group has sent a 100 kg bulk sample from its Deep Leads rare earths project to ANSTO for production of a high-purity mixed rare earth carbonate, confirming exceptional grades and extraction potential. The milestone underscores ABx’s progress toward low-cost, environmentally friendly rare earth supply.