Latest Rare Earths News

Critica Limited has declared a maiden Inferred Mineral Resource Estimate for its Jupiter Project, establishing it as Australia’s largest and highest-grade clay-hosted rare earth deposit. Early metallurgical testwork shows promising beneficiation results, positioning the company as a strategic player in the rare earths sector.

Australian Rare Earths Limited (ASX: AR3) reports promising extensions of near-surface calcrete-hosted uranium mineralisation at its Overland Uranium Project, reinforcing a dual-asset exploration strategy that combines shallow deposits with deeper in-situ recoverable targets.

eMetals Limited has completed initial field activities at its Busia Gold Project in Uganda, with soil and rock chip sampling underway and results pending. The company also reports ongoing exploration potential at its Mubende Gold Project and maintains a robust cash balance of nearly $3 million.

Dreadnought Resources has bolstered its exploration and development efforts with over A$13 million in fresh funding, advancing its high-grade Mangaroon gold project and critical minerals assets in Western Australia.

Iondrive Limited confirms strong financial metrics for its proprietary DES battery recycling technology, progressing pilot plant development and divesting exploration assets to sharpen focus on commercialisation.

Vital Metals is nearing completion of a pivotal Scoping Study for its Tardiff deposit in Canada, while spearheading a new Canadian rare earths consortium and securing fresh funding to support its development ambitions.

MRG Metals has advanced its Mozambique joint venture with Sinowin Lithium, securing the Corridor Central mining licence and confirming high-grade heavy mineral sands at Marao’s Magonde target through recent assay results.

AusQuest Limited has unveiled significant maiden drilling results at its Cangallo Project in southern Peru, confirming a large-scale porphyry copper-gold system. The company secured $7.5 million in funding to fast-track exploration activities across Peru and Australia.

Locksley Resources reports exceptional antimony and silver assays at its Mojave Project, while new mineralised zones emerge at Tottenham. Regulatory shifts in the US could accelerate Mojave’s permitting timeline.

Central Petroleum has successfully commissioned two new wells at Mereenie, exceeding production expectations and driving a 22% rise in quarterly revenue despite the lapse of a key gas supply agreement.

Stelar Metals advances its exploration and business development efforts in Tier 1 Australian jurisdictions, spotlighting the promising Baratta Copper Project in South Australia.

OD6 Metals has encountered a regulatory pause in its maiden drilling at the historic Gulf Creek Copper Project, with assay results expected in Q2 2025. Meanwhile, rare earth metallurgical testing at Splinter Rock progresses positively amid a solid cash position.