Latest Rare Earth Processing News

Mount Ridley Mines has launched its first major metallurgical testwork program at the Grass Patch Heavy Rare Earth Element Project, targeting processing pathways for its regolith-hosted rare earth, scandium, and gallium mineralisation.

Australia’s Treasurer has mandated six foreign shareholders to divest nearly 18% of Northern Minerals shares by early July, citing national security under the Foreign Acquisitions and Takeovers Act. Northern Minerals supports the move as vital for aligning with Australia’s strategic interests and advancing its Browns Range rare earths project.

Bayan Mining and US Critical Materials have signed a non-binding MoU to develop rare-earth processing technologies licensed from the Colorado School of Mines, targeting high-grade mineralisation at the Sheep Creek Project in Montana. The collaboration aims to support a US-based rare earth supply chain with potential strategic investment on the horizon.

Bayan Mining and Minerals delivers strong rare earth assay results from its Desert Star project, advances permitting and drill planning at Bayan Springs South, and strengthens its leadership and strategic positioning.

Lindian Resources has locked in a stable, low-cost sulphuric acid supply for its Kazakhstan processing plant, insulating its downstream rare earths strategy from China's looming export ban and volatile global markets.

Australian Rare Earths Limited (ASX: AR3) reported robust progress at its Koppamurra Rare Earths Project, delivering a high-purity Mixed Rare Earth Oxide pathway with near-complete rare earth recovery and improved heap leach performance. Concurrently, the company defined new uranium targets at Overland with drilling imminent, supported by a strengthened balance sheet following a $6 million placement and government grants.

Lynas Rare Earths reported a record A$265 million quarterly revenue in Q3 FY26, driven by higher NdPr prices and production milestones including early Samarium oxide output. The company secured a 10-year Malaysian operating licence and extended a key supply deal with Japanese partner JARE through 2038.

OD6 Metals has secured a strategic foothold in the US critical minerals market by acquiring the Quinn Fluorspar Project in Nevada, delivering ultra-high-grade assay results and commencing systematic exploration. Meanwhile, metallurgical progress at its Splinter Rock rare earths project and new copper targets at Gulf Creek underpin a diversified critical minerals portfolio.

Lindian Resources has secured a fixed-price diesel supply agreement for the Kangankunde Rare Earths Project, removing fuel cost uncertainty through construction and commissioning and reinforcing the project’s low-cost profile.

European Resources Limited has more than doubled the inferred resource at its Korsnäs rare earth elements project in Finland to 15.4 million tonnes at 1.00% total rare earth oxides, driven by new drilling, re-assaying of historical core, and a refined geological model.

Hastings Technology Metals has secured a critical supply of African monazite concentrate to fuel its newly acquired hydromet plant in Thailand, aiming to start production by Q4 2026. This move positions Hastings closer to generating operational cash flow while expanding rare earths supply capacity.

European Resources Limited (ASX: ERE) has repriced and relaunched a renounceable rights issue to raise up to $3.4 million, partially underwritten by Mahe Capital for $1.5 million, to fund metallurgical and exploration work at its Korsnäs rare earth project in Finland and Slovakian tenements.