Latest Rare Earths News

Viridis Mining has placed its first major equipment order for the Colossus Rare Earth Project, securing critical-path pressure filtration technology that underpins its 2028 production target.

Lithium Plus Minerals has significantly upgraded its Lei Lithium Project resource and secured a 20-year mining lease, positioning the company for near-term development and commercialisation.

Codrus Minerals Limited posted a $1.41 million loss for FY26 as it confirmed gold and molybdenum mineralisation at Bull Run, rationalised its portfolio, and secured a binding acquisition of EdgeMet with a $2.5 million capital raise underway.

VHM Limited has clinched the last major regulatory hurdle for its Goschen Project with Planning Scheme Amendment approval, setting the stage for project financing and execution.

Mount Ridley Mines has secured an oversubscribed $2 million placement at $0.033 per share to fast-track technical work at its Grass Patch Project and advance the Selectro™ Process. Directors plan to add $100,000 more, pending shareholder approval.

Great Northern Minerals (ASX: GNM) reported a $3.8 million loss for FY26 amid major US acquisitions, including the Iron Butte gold-silver project with a maiden resource of 480,000 oz gold and 11.5 million oz silver, and the Catalyst Ridge rare earths project. The company also completed a $2 million divestment of its remaining Golden Ant interest.

Eclipse Metals' latest testwork confirms that up to 94% of neodymium and praseodymium are locked in identifiable REE minerals at Grønnedal, underpinning a promising beneficiation strategy ahead of flotation trials.

Ionic Rare Earths (ASX: IXR) and US Strategic Metals have agreed to a 50-50 joint venture to develop rare earth magnet recycling facilities at a fully permitted Missouri site, backed by US$100 million in funding.

Dalaroo Metals has kicked off a fully funded 12,000-metre RC drilling campaign at its Bondoukou Gold Ridge Project in Côte d’Ivoire, targeting a 7 km gold-in-soil corridor with multiple high-grade prospects and promising early geological signs.

Hawk Resources has obtained all necessary government approvals to begin exploration at its Olympus scandium project in Western Australia, targeting a significant scandium anomaly with plans to fast-track drilling.

St George Mining has launched a pilot plant beneficiation study at its Araxá Project in Brazil, aiming to refine niobium and rare earth recovery ahead of commissioning its own processing facility in early 2027.

Lion Rock Minerals has revealed high-grade rare earth element mineralisation starting at surface at its Minta Project in Cameroon, with assays showing up to 21.15% TREO in saprolite and a magnet-rich rare earth basket. A large-scale drilling campaign is underway to further define this significant discovery.