Latest Permanent Magnets News

Perpetual Resources has reported a successful maiden drilling campaign at its Igrejinha Project in Brazil, intersecting a significant 200m lithium-caesium pegmatite body. The company also advances its rare earths exploration at the Raptor Project, supported by a recent $500,000 capital raise.

Cadoux Limited has made significant progress in developing its high purity alumina and rare earths projects, advancing engineering design, customer engagement, and funding strategies during the June 2025 quarter.

Perpetual Resources is advancing plans for deeper drilling at its Raptor Rare Earth Project in Brazil, aiming to unlock significant resource potential and support a maiden JORC estimate.

Axel REE Limited reports exceptional high-grade gallium and rare earth element mineralisation across a vast area at its Caladão Project, with promising metallurgical test results supporting low-cost extraction methods.

Ionic Rare Earths advances its rare earths strategy with major UK government funding, Brazilian JV progress, and US expansion talks amid China export controls.

St George Mining has announced a significant high-grade rare earth discovery at its Araxá Project in Brazil, with initial drilling revealing grades up to 13.4% TREO, expanding the known resource by about 1km. This breakthrough highlights the project's potential to become a major global rare earths supplier.

Vital Metals Limited has released a comprehensive Scoping Study for its Tardiff Rare Earths deposit in Canada, revealing strong economic potential with an 11-year mine life and significant neodymium-praseodymium resources.

Ionic Rare Earths’ Belfast plant is ramping up production of critical heavy rare earth oxides to meet soaring demand from Western markets following China’s export restrictions. This strategic move positions the company as a key supplier for defence, renewables, and advanced manufacturing sectors.

Victory Metals has produced a 94% total rare earth oxide product enriched in heavy rare earths from its North Stanmore project, marking a first for Australian clay-hosted deposits and setting a new industry benchmark.

American Rare Earths has raised A$15 million through a well-supported placement to accelerate its Halleck Creek rare earths project in Wyoming, signalling a strategic pivot with new leadership focused on U.S. operations.

Lynas Rare Earths has achieved record quarterly production of key rare earth elements and reported a strong 38% increase in sales revenue, while advancing its Mt Weld expansion and signing strategic MOUs in Malaysia.

Reach Resources has significantly increased its gold resource inventory at the Murchison South project, with combined estimates for Blue Heaven and Pansy Pit now totaling approximately 67,100 ounces. Strong metallurgical results and exploration upside highlight the project's potential.