Latest Processing Technology News

Neometals Ltd implements a significant 25% cut in cash personnel costs by reducing director and staff salaries, while introducing retention performance rights to key executives to maintain strategic momentum.

American West Metals (ASX: AW1) reported significant exploration breakthroughs at its West Desert Project in Utah and ongoing Pre-Feasibility Study progress at the Storm Copper Project in Nunavut, backed by a $10 million capital raise.

Everest Metals has reported strong progress across its Western Australian projects, including maiden and upgraded resource estimates at Revere, Mt Edon, and Mt Dimer, alongside advancing mining and proprietary processing technology.

InVert Graphite has acquired RapidGraphite and its RapidPulse™ technology, aiming to revolutionise graphite processing with rapid, acid-free purification. The company raised A$2.5 million to fund scale-up trials and integrate this with its Morogoro graphite project in Tanzania.

Reward Minerals (ASX:RWD) reported strong gold and copper assay results from its Mountain Pond Project in Newfoundland, with preparations underway for maiden drilling in the September quarter. The company also advanced its potash processing technology and ongoing discussions for the Beyondie Potash Plant in Western Australia.

Bayan Mining has launched its first-ever drilling program at the Desert Star Rare Earth Project, confirming key mineralisation and signing a strategic MoU with US Critical Materials to develop processing technologies.

Viridis Mining has hit major milestones at its Colossus Rare Earth Project, including submitting a key environmental licence, exceeding recovery targets at its Demonstration Plant, and securing a strategic partnership with Solvay.

Bayan Mining has agreed to sell its Bayan Springs North Project in Nevada to Sun Silver for up to A$800,000, retaining a 1.0% royalty and securing non-dilutive funding to focus on rare earths development.

Dr Andrew Forrest's investment vehicle has acquired a significant 16.8% stake in EQ Resources from Oaktree, marking a shift from financial to strategic ownership in the leading western tungsten producer.

Iltani Resources has demonstrated significant grade upgrades and waste rejection in first-pass TOMRA ore sorting tests at its Orient Silver-Indium Project, advancing plans for bulk testing and potential cost savings.

Firebird Metals has achieved a key milestone under the ARENA Battery Breakthrough Initiative, unlocking a A$1 million non-dilutive payment and progressing site development for its Australian Demonstration Plant in Perth.

EQ Resources has appointed Dr Mark Lindsay as General Manager Discovery and Growth, aiming to accelerate exploration and resource expansion at its Australian and Spanish tungsten projects.