Latest Rare Earth Supply Chain News

Ark Mines Limited has secured a crucial mining licence for its Sandy Mitchell Rare Earths Project in North Queensland, marking a key step toward development and commercialisation.

Lynas Rare Earths has inked a binding Letter of Intent with the US Department of War to supply critical rare earth oxides over four years, backed by a US$96 million government allocation and a US$110/kg floor price for NdPr oxide.

St George Mining has formed a strategic alliance with Brazilian nanotechnology firm Nanum Nanotecnologia to enhance the processing and commercialisation of rare earth elements from its Araxá Project, aiming to upgrade high-value magnet and heavy rare earth concentrations.

Northern Minerals has withdrawn its Extraordinary General Meeting and obtained a court order to defer its 2025 AGM until June 30, 2026, allowing more time for regulatory review. This move supports progress toward a key investment decision for its Browns Range rare earths project.

Lindian Resources has executed a binding agreement to acquire full ownership of a rare earths processing facility in Kazakhstan, marking a strategic shift from concentrate production to higher-value Mixed Rare Earth Carbonate (MREC) output by late 2026.

Lynas Rare Earths Ltd has reported a striking half-year turnaround with a 1260% surge in net profit, underpinned by rising rare earth prices and strategic expansions. The company also completed a major equity raise to fuel its ambitious Towards 2030 growth plan.

European Resources Limited has reported its strongest rare earth drilling results yet at the Korsnäs project in Finland, revealing a significant neodymium-praseodymium enriched zone and confirming the effectiveness of passive seismic targeting.

Osmond Resources has partnered with Técnicas Reunidas to establish the European Union’s first vertically integrated rare earth production facility, aiming to reduce reliance on imports and boost local supply chains.

St George Mining has reported exceptional drilling results at its Araxá Rare Earths and Niobium Project in Brazil, including a record 164.45m mineralised intercept from surface. These results expand the known resource footprint well beyond current estimates, signalling significant growth potential.

European Resources Limited has reported encouraging preliminary metallurgical test results for its Korsnäs Rare Earth Element Project in Finland, highlighting significant grade uplift and recovery improvements. These findings mark a key step in advancing the project’s processing flowsheet and strategic positioning within the EU rare earth supply chain.

Victory Metals has partnered with Curtin University and the Australian Government to accelerate development of the North Stanmore Heavy Rare Earth Project, positioning Australia as a key player in critical minerals supply.

New Frontier Minerals has executed a binding option to acquire a 90% interest in the Pomme Rare Earth Element and Niobium project in Quebec, partnering with Metallium to leverage advanced processing technology and expand its critical minerals footprint.