Latest Rare Earth Elements News

West Cobar Metals is fast-tracking its scandium exploration at the Salazar Project in Western Australia, targeting higher-grade zones with aircore drilling planned for late 2026 alongside advancing metallurgical testwork.

Resouro Strategic Metals has closed the first tranche of an upsized $2.5 million private placement, issuing 7.44 million shares at $0.25 each to fund its Tiros project environmental program and working capital.

Connected Minerals (ASX:CML) is mobilising a ~6,000m reverse circulation and diamond drilling program at its Bailundo Carbonatite Project in Angola, aiming to define a maiden JORC Mineral Resource for niobium and rare earth elements.

Mount Ridley Mines’ first TIMA automated mineralogy study at Grass Patch reveals rare earth elements are locked in discrete phosphate minerals, supporting flotation as a key beneficiation step ahead of leaching and Phase 1 metallurgical testwork.

Enova Mining’s latest auger drilling results at East Salinas confirm significant near-surface rare earth element mineralisation, reinforcing the project’s potential as a large saprolite-hosted REE system in Brazil.

Chilwa Minerals’ Phase I drilling at Mpyupyu West has confirmed a continuous, free-dig saprolite mineralisation from surface across a 17 km² target, advancing the company’s largest heavy mineral sands prospect in Malawi.

Connected Minerals Ltd has successfully raised $4.5 million through a placement, clearing the final hurdle to acquire an 80% stake in the Bailundo carbonatite project in Angola.

Magnum Mining has reported robust rare earth element results from 92 new auger holes at its Piracanjuba North project in Brazil, confirming widespread mineralisation across multiple centres and accelerating its 10,000m drilling program ahead of schedule.

Aldoro Resources has boosted the Kameelburg rare earth project’s Mineral Resource Estimate to 804.5 million tonnes, now hosting 1.37 million tonnes of contained NdPr oxide; exceeding key western-world deposits. The maiden Indicated Resource and robust metallurgical testwork set the stage for development.

Tusker Minerals has inked a binding deal to sell its Machinga Rare Earth Elements project in Malawi to AuKing Mining for up to A$4 million, freeing capital to concentrate on its high-grade rutile and heavy mineral sands assets.

AuKing Mining has agreed to acquire 100% of the Machinga Heavy Rare Earths Project in Malawi, adding a high-grade heavy rare earth and niobium asset to its portfolio. The acquisition includes a mix of cash, shares, and performance shares contingent on resource milestones, positioning AuKing to accelerate exploration in a geopolitically strategic region.

QEM Limited is moving forward with its acquisition of Freshwater Metals, securing past-producing tungsten and prospective fluorspar and niobium projects in Idaho, aligning with US efforts to bolster domestic critical mineral supplies.