Latest Rare Earths 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.

West Cobar Metals (ASX: WC1) has struck a deal to acquire the Baxter Fluorspar Project in Nevada, a site with a rich history of premium acid-grade fluorspar production. Backed by a $1.05 million placement, the acquisition positions WC1 within a critical US supply chain for fluorspar, a mineral vital for semiconductor and defence industries.

Meteoric Resources has reported exceptional pilot plant performance at its Caldeira Rare Earth Project in Brazil, achieving magnet rare earth oxide recoveries of 80% in May and exceeding pre-feasibility study targets.

Lion Rock Minerals has reported robust drilling results from its expansive Minta Project in Cameroon, reinforcing its ambition to become a major global producer of rutile and monazite. The company targets a maiden Mineral Resource Estimate later this year amid promising assay outcomes from key tenements.

Eminence Minerals has secured firm commitments for a A$2.53 million placement to fund imminent drilling at its Campo Grande Rare Earth Project and support new exploration opportunities.

Ark Mines has produced high-grade monazite and titanium dioxide products from its Sandy Mitchell heavy mineral concentrate, marking a key step toward commercialising its North Queensland rare earths project.

IperionX’s Titan Definitive Feasibility Study outlines a shovel-ready Tennessee project targeting heavy rare earths, titanium, zirconium, and hafnium with robust economics and strategic US supply chain implications.

Magnum Mining’s initial 24 auger holes at Piracanjuba North all intersected near-surface rare earth mineralisation, showing promising grades and high desorption rates that suggest efficient extraction potential under mild conditions.

Fortuna Metals has produced 66kg of high-grade rutile concentrate from its Mkanda project bulk sample and is progressing drilling programs ahead of a maiden inferred resource estimate expected by early July 2026.

Cadoux Limited has inked a joint venture to earn up to 80% of the Wimmera Mineral Sands Project in Victoria, revealing promising high-grade drilling results at its Danube prospect. The project aims to feed Cadoux’s Minhub processing hub, targeting critical heavy rare earths supply.

Heavy Rare Earths Limited has appointed Jason Barnett as Managing Director and CEO, aiming to leverage his extensive mining experience as the company advances its critical minerals projects and prepares for a maiden drilling campaign.

Astron Limited’s updated economic study for Phase 2 of its Donald Rare Earth and Mineral Sands Project reveals a $1.5 billion incremental pre-tax NPV8 and a mine life extended to 52 years, doubling ore throughput and reinforcing the project’s long-term strategic value.