Latest Rare Earth Projects News

Critica Limited has achieved a significant breakthrough at its Jupiter Rare Earth Project, lifting magnet rare earth recovery to approximately 81% and total rare earth oxide recovery to around 71% through pilot plant optimisation. This advance strengthens the foundation for its ongoing scoping study and downstream processing plans.

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.

Bayan Mining and Minerals has locked in a reverse circulation drill rig with Alaska Midnight Sun Drilling for its first-ever drilling at the Desert Star rare earth project in California, targeting up to 1,000 metres from June 2026. The fully permitted program aims to test high-grade surface mineralisation and geophysical targets near the Mountain Pass mine.

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.

Power Minerals has completed due diligence on the Morro do Ferro rare earths project in Brazil, revealing exceptional magnetic rare earth oxide grades that underpin plans to finalise acquisition and ramp up exploration.

Eclipse Metals’ 2025 drilling at Grønnedal reveals broad rare earth mineralisation from surface, with multiple zones exceeding 1% TREO and a strong Nd-Pr magnet rare earth profile, reinforcing the project’s strategic importance.

Dalaroo Metals has launched trading on the US OTCQB market, broadening its investor reach without diluting shares, while progressing its Greenland rare earth project with promising exploration results.

Metallium Limited has marked a pivotal quarter with over 40 Flash Joule Heating campaigns completed and a strategic capital raise boosting cash reserves to A$82 million. The company is gearing up for multi-reactor operation at its Texas campus, underpinned by long-term agreements with Indium Corporation and Glencore.

Megado Minerals Limited has secured A$1.65 million through a placement and director subscription to fund drilling and exploration at its Iberian Copper and Alpartir Silver-Copper projects in Northern Spain.

European Resources Limited has withdrawn its March 2026 renounceable rights issue following shareholder feedback and market conditions, replacing it with a repriced April offer to raise approximately $3.4 million, underwritten for $1.5 million by Mahe Capital.

MRG Metals Limited has reported high-grade Total Heavy Mineral (THM) assay results from the fifth alluvial target at its Adriano Rare Earth Project in Mozambique, reinforcing district-scale mineralisation across five targets. Mineralogical studies and assays from adjacent licences are pending, supporting the broader Adriano-Fotinho critical mineral corridor potential.

American Rare Earths has outlined a three-stage pilot plant program combining Wyoming-based mineral processing with downstream refining in Canada, aiming to accelerate pre-production rare earth oxide output from its Halleck Creek Project.