Latest Rare Earth Projects News

Heavy Rare Earths Limited (ASX:HRE) has opened a non-renounceable entitlement offer to raise approximately $728,000, offering shareholders new shares at 2.8 cents each plus free options exercisable at 6 cents.

Bayan Mining has finalised the sale of its Bayan Springs North Project to Sun Silver, securing upfront and contingent payments while retaining a 1% royalty to maintain exposure to future exploration success.

St George Mining has formally begun environmental permitting for its Araxá Project in Brazil, submitting key assessments to Minas Gerais regulators as it moves toward developing a rare earths and niobium mine.

Eminence Minerals has lodged exploration licence applications for a nearly 3,700-hectare rare earths project in southern Bahia, Brazil, positioning itself alongside major peer IMC Rare Earths in a promising district. The company plans a measured exploration approach amid technical uncertainties around the underlying geology.

Alvo Minerals has secured 100% mineral rights over a 575-hectare tenement contiguous with its Bluebush Heavy Rare Earth Element project in Brazil, expanding its footprint along the northern Serra Dourada HREE province and consolidating the Boa Vista prospect area.

Viridis Mining and Minerals completes a Definitive Feasibility Study for its Colossus Rare Earth Project, confirming strong economics and project readiness, while securing $120 million in equity funding to advance into execution.

Lindian Resources confirms Kangankunde Rare Earths Project remains on track for first production in late 2026, with concurrent progress across construction, mining, and operational readiness. The company is expanding its operational footprint internationally and strengthening its team to support the transition from construction to production.

Magnum Mining has completed nearly 7,000m of drilling at its Piracanjuba North rare earth project, expanding its footprint ahead of a planned November resource estimate, while assay results from Palmares await interpretation amid a strategic portfolio review.

Heavy Rare Earths Limited (ASX:HRE) is raising approximately $728,000 through a non-renounceable entitlement offer priced at 2.8 cents per share, accompanied by free-attaching options exercisable at 6 cents. The capital raise aims to fund maiden drilling programs and a strategic review across its key projects.

European Lithium and Critical Metals Corp have amended their merger terms to replace a fixed share exchange ratio with a floating ratio tied to Critical Metals' NASDAQ share price, potentially increasing shareholder value amid ongoing merger progress.

European Resources' metallurgical collaboration with ANSTO Minerals has boosted magnet rare earth extraction at Korsnäs from 83% to 92% by removing calcite, highlighting a key processing lever for their Finnish rare earths project.

Victory Metals (ASX: VTM) has delivered a robust Pre-Feasibility Study for its North Stanmore rare earth project, confirming a 47 Mt Probable Ore Reserve and strong economics underpinned by low capital intensity and a high-grade mineral resource.