Latest Strategic Metals News

Ionic Rare Earths (ASX: IXR) has secured a £12 million UK government grant offer for its Belfast rare earth magnet recycling facility and is progressing its Brazilian JV and Ugandan heavy rare earths project, reinforcing its role in ex-China supply chains.

Rimfire Pacific Mining has confirmed significant gold and antimony mineralisation at its Windy Ridge prospect through resampling of diamond drill core dating back 40-50 years. The findings highlight a 600-metre mineralised corridor open at depth and near surface within the Broken Hill Base Metal Project.

Megado Minerals confirms robust copper and silver grades over 7km at its Iberian Copper Project and secures a five-year option for the high-grade Alpartir Silver-Copper-Antimony Project, positioning itself for a drilling campaign backed by Spanish government funding.

Tartana Minerals has raised $4.5 million to accelerate drilling and boost copper sulphate production, underpinning its extensive critical metals portfolio in Far North Queensland.

Dalaroo Metals appoints Trystan Hughes as Exploration Manager for Greenland and Western Australia, bolstering expertise as sediment sampling at Blue Lagoon Project reveals elevated zirconium consistent with a sediment-hosted critical minerals system.

Lode Resources has identified promising high-grade tin mineralisation at its newly acquired Silver Hills Project near Waratah, Tasmania, with assays up to 3.64% tin from historical waste dumps. This discovery complements its existing Granville Tin Project and expands its critical minerals footprint in Tasmania’s West Coast mining district.

6K Additive has secured a $3.9 million U.S. defense contract modification to expand domestic production of strategic tungsten and niobium powders, reinforcing supply chain resilience amid geopolitical risks.

Metallium Limited has marked a pivotal quarter with over 40 Flash Joule Heating campaigns completed and a strategic capital raise boosting cash reserves to A$82 million. The company is gearing up for multi-reactor operation at its Texas campus, underpinned by long-term agreements with Indium Corporation and Glencore.

Larvotto Resources has engaged former Federal Senator The Hon. David Fawcett as a Strategic Advisor to support positioning its Hillgrove antimony production within national security and critical minerals supply chains.

Red Mountain Mining Ltd is set to recommence exploration at its US antimony projects following winter, supported by US government initiatives and strengthened by a new advisory appointment. The company plans systematic geological mapping and sampling across multiple projects, aiming to advance towards drill testing and resource definition.

6K Additive has commenced a major expansion of its Burgettstown facility, supported by a $23.4 million U.S. Defense Production Act grant and $31.4 million raised in its ASX IPO, aiming to increase production capacity five-fold by the end of 2026.

Metallium Limited has completed Phase I of a U.S. Department of War SBIR contract, demonstrating its Flash Joule Heating technology can recover gallium from semiconductor and electronic waste. The program finished in six months, underscoring the technology’s readiness and aligning with U.S. strategic supply chain goals.