Latest Rare Earth Projects News

Critical Metals Corp has amended its agreement to increase its ownership of the Tanbreez Rare Earths Project in Greenland to 92.5%, issuing 14.5 million shares to the project founder’s company. European Lithium retains a 7.5% stake as the project advances toward production.

Prospech Ltd has successfully closed a fully subscribed $1.6 million rights issue, supplemented by a $546,750 follow-on placement, positioning the company to advance drilling and metallurgical programs in Finland and Slovakia.

Axel REE Limited has announced a significant inferred rare earth mineral resource of 233 million tonnes at its Caladão Project in Brazil, highlighting strong metallurgical recovery prospects that could substantially increase resource size.

Victory Metals has taken a significant step forward by signing a non-binding Letter of Intent with Sumitomo Corporation to supply heavy rare earths from its North Stanmore project, marking a deepening of their strategic partnership.

OD6 Metals has selected an innovative process flowsheet for its Splinter Rock Rare Earth Project, achieving approximately 75% recovery of key rare earths with superior product purity and optimized costs. This milestone sets the stage for advanced testing and mining studies as the company advances toward production.

Lindian Resources has adopted an owner-operator mining model at its Kangankunde Rare Earths Project, aiming to reduce mining costs by around 30% and accelerate production start to early 2026.

Metal Bank Limited has signed a binding agreement to acquire key gold assets from Hastings Technology Metals, marking a significant expansion of its Western Australian portfolio. Drilling has already commenced at the Whiteheads Project’s Seven Leaders prospect, signaling early progress.

Hastings Technology Metals has signed a binding agreement to sell its gold assets to Metal Bank Limited in a share-and-cash deal, marking a strategic pivot towards rare earths and niobium development.

Critica Limited reports strong preliminary beneficiation results from its Jupiter rare earths project, achieving consistent ~95% mass rejection and a 6–10x uplift in rare earth grades. A closed-circuit pilot plant is now under construction to optimise recovery and advance product development.

RareX has locked in a A$50 million equity funding facility with GEM Global Yield to back its Mrima Hill rare earths project in Kenya, contingent on project approval. This deal strengthens RareX’s international partnerships and provides flexible capital to advance its development plans.

Lindian Resources has appointed DRA Pacific to lead the Kangankunde Stage 2 Expansion Study, aiming to scale rare earths production amid strong market demand. This move follows the recent Final Investment Decision for Stage 1, targeting first production in 2026.

Metal Bank Limited moves swiftly to expand its Western Australian gold footprint through the acquisition of Hastings Technology Metals’ gold assets and a $2.3 million capital raising aimed at fast-tracking exploration and production.