Latest Rare Earth Elements News

Dalaroo Metals has completed the second tranche of its placement, raising $320,000 with direct investment from its board, boosting total funds raised to $1.75 million. The capital will accelerate exploration at its Côte d’Ivoire gold and Greenland rare earth projects.

Victory Metals has delivered a major processing breakthrough with a 59-fold upgrade to a 7.1% Total Rare Earth Oxide concentrate from its North Stanmore project, backed by strategic partnerships and government funding.

Elementos Limited made significant strides in advancing its Oropesa Tin Project in Spain, securing key permitting milestones and expanding exploration tenure while strengthening its vertical integration strategy in Europe. Concurrent progress at its Cleveland project in Tasmania and a robust cash position underpin the company’s push toward a Final Investment Decision amid elevated tin prices.

Bubalus Resources identified broad geochemical anomalies at its Murrindindi Gold Project and is preparing to restart exploration at its Amadeus Critical Minerals Project, supported by a solid $3.03 million cash position.

Australian Rare Earths (ASX: AR3) has uncovered a 10-kilometre magnetic anomaly at its Overland Project, significantly broadening its niobium-rare earth element drill targets beyond the initial OV167 discovery. Historic drill data supports the potential for a large-scale carbonatite system, prompting a new drilling campaign to test multiple priority targets.

Trek Metals has confirmed that Induced Polarisation (IP) surveying effectively targets concealed manganese mineralisation at its Kuro prospect, with visual manganese found in 43 of 51 recent drill holes. The company also identified a strong IP anomaly at the Coogan copper-gold prospect, planning four drill holes to test it.

Dalaroo Metals' latest geophysical surveys reveal extensive sediment depths and new exploration targets at Blue Lagoon, significantly enlarging the project's rare earth system in southern Greenland.

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.

Vita Resources reports promising initial auger drilling results at Ninnis Gold Project, prompting an expanded program targeting key fault zones. The company also secured $2.9 million in a two-tranche placement to fund exploration across its diverse portfolio.

Ardea Resources is pushing forward its Kalgoorlie Nickel Project’s Goongarrie Hub with a fully funded $98.5 million Definitive Feasibility Study, underpinned by multi-jurisdictional government support and strategic partnerships with Japanese industry giants.

Terrain Minerals (ASX: TMX) delivered a strong June quarter update, confirming high-grade gold and silver mineralisation at its Smokebush flagship, progressing a maiden resource estimate at Lightning, and reporting broad rare earth and lithium anomalies at Lort River and Carlindie projects.

Pure Resources has achieved a key early milestone with Oak Ridge National Laboratory confirming the recovery of heavy rare earth elements from garnet concentrate at its Garnet Hills Project. While still at proof-of-concept stage, this validates the potential for a new source of critical minerals.