Latest Rare Earths And Uranium News

Australian Strategic Materials and Energy Fuels have amended their acquisition deal, replacing a special dividend with a direct cash payment to ASM shareholders, while maintaining the original share swap terms.

Basin Energy's maiden drilling at the Sybella Barkly Project confirms a significant sediment-hosted rare earth element system alongside promising uranium mineralisation, setting the stage for expanded exploration in Queensland.

Australian Rare Earths Limited (ASX, AR3) reports breakthrough metallurgical testwork at its Koppamurra project, doubling heap leach irrigation rates and achieving around 70% recovery of key magnet rare earth elements. These advances promise faster production timelines and lower costs ahead of the Pre-Feasibility Study.

US1 Critical Minerals announces a bonus issue of options to shareholders and a $1.5 million placement with free attaching options, pending shareholder approval.

Australian Rare Earths Limited (ASX – AR3) has made significant strides in advancing its Koppamurra Rare Earths Project, securing pilot-scale processing at ANSTO’s new facility and raising $6 million post-quarter to fund development. Concurrently, promising uranium targets have been identified at its Overland Project.

Stelar Metals is actively expanding its project portfolio in Tier 1 jurisdictions while reassessing past assay results to capitalise on recent commodity price gains. The company also navigates leadership changes and Native Title negotiations as it prepares for a pivotal March update.

Sabre Resources has successfully raised $600,000 through a private placement to fast-track exploration of critical minerals in the Northern Territory's Ngalia Basin. The capital injection aims to bolster efforts in uncovering Rare Earths, Uranium, Copper, and Gold at the Dingo Project.

Moonlight Resources has reported strong initial assay results from its Leo Grande Prospect drilling campaign, confirming thick, near-surface gold mineralisation and validating its geological model. The promising findings set the stage for an expanded exploration program at Clermont.

DMC Mining Limited will be delisted from the ASX on 27 January 2026 following a two-year suspension, but the company remains committed to relisting pending key exploration licences in Guinea.

Basin Energy has completed its initial drilling phase at the Sybella-Barkly rare earth and uranium project, significantly expanding its landholding and setting the stage for further exploration in 2026.

Power Minerals Limited retracts non-JORC historical data for its Gamma Project in California while progressing critical mineral projects across three continents, supported by strong drilling results and fresh capital raises.

Power Minerals Limited updates its acquisition of the Gamma Heavy Rare Earths Project in California, clarifying historical data limitations and securing $4.1 million to fund exploration activities.