Latest Rare Earths Development News

Axel REE has appointed Dr Patience Mpofu as Managing Director, positioning the company to advance its rare earths portfolio from exploration into commercial development with planned in-situ recovery trials.

Mont Royal Resources has unveiled an updated Preliminary Economic Assessment for its Ashram Rare Earths Project, confirming robust economics and a long mine life with strategic importance for Western critical minerals supply chains.

Brazilian Critical Minerals (ASX: BCM) reports robust magnesium sulphate leach results from its 2025 drilling at the Ema project, validating key assumptions for a long-life, low-cost rare earth operation.

St George Mining has restructured its Lithium Star joint venture, with battery giant Amperex Technology Limited exchanging its 10% JV stake for a 12.5 million shareholding in St George at a 36% premium. This move consolidates lithium exploration under St George while giving ATL exposure to the Araxá niobium-rare earths project and offtake rights on future lithium production.

Viridis Mining has produced its first batch of high-grade Mixed Rare Earth Carbonate at its Poços de Caldas Demonstration Plant, advancing key milestones for the Colossus Project and setting the stage for commercial-scale rare earth production.

MRG Metals has verified substantial concentrations of valuable heavy minerals including monazite, rutile and zircon in alluvial deposits at its Adriano Rare Earth Project, with a total rare earth oxide content of 1.46%.

RareX Limited has advanced its rare earths ambitions by securing a key mining lease at Cummins Range, appointing a strategic board member, and raising $5 million to fund exploration and development.

Osmond Resources is progressing its Orión EU Critical Minerals Project with promising drilling results, positive mineral processing testwork, and a new partnership targeting rare earth carbonate production in Spain.

Axel REE has selected its Woolrich deposit for inaugural in situ recovery (ISR) field trials, backed by metallurgical breakthroughs doubling gallium extraction and confirming scandium co-recovery, positioning Caladão as a rare dual-pathway rare earth project.

VHM Ltd has secured board approval to develop its Goschen Rare Earths and Mineral Sands Project at full capacity, signalling a strategic pivot to meet surging global demand for critical minerals.

European Resources Limited (ASX: ERE) has announced a $4.26 million renounceable entitlement offer to accelerate exploration and metallurgical work at its Korsnäs rare earth elements project in Finland. The offer is partially underwritten and includes attaching options, providing shareholders with a strategic opportunity amid significant recent resource growth.

ABx Group has announced a breakthrough with its second mixed rare earth carbonate sample from Tasmania’s Deep Leads deposit, boasting higher heavy rare earth content and fewer impurities. This advancement enhances project flexibility and strengthens ABx’s position in the competitive rare earths market.