Latest Rare Earth Elements News

Lodestar Minerals has verified xenotime as the dominant heavy rare earth mineral at its Virgin Mountain project in Arizona, highlighting critical elements essential for US defence and clean energy. The discovery positions the project as a strategic domestic source of scarce heavy rare earths.

Viridis Mining and Minerals has raised AU$25 million through a heavily oversubscribed placement, bolstering its cash position to approximately AU$76 million as it advances the Colossus Rare Earth Project towards a Final Investment Decision in Q3 2026.

MRG Metals confirms robust rare earth oxide mineralisation at its Garies project in South Africa, hitting a peak 4.49% TREO over 6.6 metres. This breakthrough drilling result underscores the project's potential as a critical supplier of magnet rare earths vital for clean energy technologies.

Ark Mines Limited has secured a crucial mining licence for its Sandy Mitchell Rare Earths Project in North Queensland, marking a key step toward development and commercialisation.

European Resources Limited (ASX: ERE) has announced a $4.26 million renounceable entitlement offer to accelerate exploration and metallurgical work at its Korsnäs rare earth elements project in Finland. The offer is partially underwritten and includes attaching options, providing shareholders with a strategic opportunity amid significant recent resource growth.

New Frontier Minerals has secured technical approval for its Mining Lease Application at the Big One Copper Deposit, setting the stage for potential near-term copper production amid a tightening global copper market.

Ausmon Resources has released amended drilling results from its Beelitz Prospect in South Australia, highlighting encouraging preliminary rare earth element concentrations and outlining plans for further exploration.

Lynas Rare Earths has inked a binding Letter of Intent with the US Department of War to supply critical rare earth oxides over four years, backed by a US$96 million government allocation and a US$110/kg floor price for NdPr oxide.

ABx Group has announced a breakthrough with its second mixed rare earth carbonate sample from Tasmania’s Deep Leads deposit, boasting higher heavy rare earth content and fewer impurities. This advancement enhances project flexibility and strengthens ABx’s position in the competitive rare earths market.

Enterprise Metals has reported promising high-grade rare earth element assay results from its maiden drilling program at the Cuddingwarra North Prospect in Western Australia, highlighting significant potential for critical magnet rare earths.

Terrain Minerals has launched a targeted air-core drilling campaign at its Lort River Project in Western Australia, aiming to expand on previously identified high-grade rare earth element mineralisation within a large regolith clay basin.

St George Mining has formed a strategic alliance with Brazilian nanotechnology firm Nanum Nanotecnologia to enhance the processing and commercialisation of rare earth elements from its Araxá Project, aiming to upgrade high-value magnet and heavy rare earth concentrations.