Latest Phosphate News

PhosCo Ltd faces a new arbitration request from Tunisian Mining Services over joint venture disputes, while seeking to recover $7.2 million in unpaid damages dating back to 2017.

Firebird Metals has installed new equipment at its Chinese R&D lab, enabling complete lab-scale production from ore to lithium manganese iron phosphate cathode. This milestone supports a strategic collaboration with Central South University and promises cost advantages in battery material manufacturing.

Cobalt Blue Holdings has completed a scoping study for its Halls Creek Project in Western Australia, outlining a staged development plan with promising economics and a sustainable power strategy. The project targets near-term copper and zinc production with a modest initial capital outlay.

Aguia Resources Limited has launched a Share Purchase Plan offering eligible shareholders the chance to buy new shares at a discount, aiming to raise up to $3 million to advance its phosphate and gold exploration projects.

RareX Limited has partnered with Gega Elements to develop Australia’s inaugural integrated gallium supply chain, aiming to reduce reliance on Chinese supply and boost national critical mineral resilience.

Korab Resources has successfully renewed its Exploration Licence EL31341, extending its tenure at the mineral-rich Rum Jungle Project near Batchelor, Northern Territory. This renewal underpins ongoing exploration efforts in a highly prospective region.

Korab Resources has extended the completion date for the sale of its Geolsec mineral lease, securing higher royalty rates in the process. This move reshapes the financial terms of a key transaction tied to its Northern Territory phosphate project.

Avecho Biotechnology has received $1.66 million from the Australian Government’s R&D Tax Incentive, reinforcing its commitment to a pivotal Phase III trial for its CBD-based insomnia treatment and accelerating its commercial ambitions.

Aguia Resources has announced a $3 million Share Purchase Plan offering shares at a 9% discount, aiming to fund exploration and development at its key projects.

Patriot Resources has agreed to acquire a 100% interest in the Sugarloaf Copper Deposit, a high-grade asset in Zambia’s Mumbwa District, positioning the company for near-term copper production aligned with regional processing infrastructure.

Avecho Biotechnology has expanded its pivotal Phase III clinical trial for a CBD insomnia treatment by adding new recruitment sites and partnering with pharmaceutical giant Sandoz to boost patient enrolment and regulatory progress.

Power Minerals Limited has entered a strategic partnership with Brazilian miner EDEM to advance the high-grade Santa Anna Niobium Carbonatite Project in Goiás, Brazil, aiming to accelerate exploration and development through shared expertise and cost efficiencies.