Latest Rare Earths News

Hastings Technology Metals has entered a binding agreement with Wyloo to form a 60:40 joint venture on the Yangibana Rare Earths and Niobium Project, with Wyloo taking the lead on funding and management. This partnership aims to de-risk project development and accelerate progress toward final investment decision.

Peak Rare Earths is poised for acquisition by Shenghe Resources in a deal valuing the company at A$150.5 million, supported by a A$7.5 million entitlement offer to fund ongoing development and transaction costs.

Peak Rare Earths Limited has agreed to be acquired by Ganzhou Chenguang Rare Earths New Material Co., Ltd., a subsidiary of Shenghe Resources, in a deal valuing Peak at A$150.5 million plus proceeds from a proposed entitlement offer. The transaction offers Peak shareholders a significant premium and aims to accelerate development of the Ngualla Rare Earth Project.

Tamboran Resources reports strong progress in its Beetaloo Basin pilot project, completing key wells and securing $70 million to fund drilling and infrastructure, aiming for first gas production by mid-2026.

Tamboran Resources has completed a major stimulation campaign on its Shenandoah South well and raised US$55.4 million to fund further drilling, positioning itself to meet critical gas supply commitments in Australia’s Northern Territory.

PVW Resources reports promising assay results from its Capão Bonito rare earth project and expands exploration efforts across Brazil, bolstered by new metallurgical expertise.

WA1 Resources has reported outstanding assay results from its Luni niobium deposit, highlighting some of the highest grades to date and setting the stage for an updated Mineral Resource estimate in June.

RareX Limited has successfully raised A$2.7 million through a share placement, attracting strong institutional support to advance its rare earths exploration projects in Australia and Kenya.

Lindian Resources reports strong progress on its Kangankunde Rare Earths Project in Malawi, securing multiple financing proposals and advancing construction ahead of schedule. The company targets production in 2026 amid growing global demand for critical minerals.

Indiana Resources has launched a significant drilling program at its Minos gold deposit in South Australia, aiming to expand high-grade gold zones ahead of a maiden resource estimate.

Brazilian Critical Minerals has initiated an in-situ recovery field trial at its Ema Rare Earths Project, aiming to validate the deposit's unique characteristics and advance towards commercial production.

Peak Rare Earths Limited has voluntarily suspended trading of its shares pending a significant announcement on potential corporate and capital raising transactions expected by 16 May 2025.