Latest Strategic Partnership News

Austral Resources has terminated its Anthill Project Agreement with Glencore and Secover, settling obligations with a $52 million mix of cash and shares. This move grants Austral full control over its copper output at Mt Kelly, boosting earnings and cash flow while maintaining funding through Rocklands’ mid-2027 restart.

Tivan Limited has locked in key investment frameworks worth up to $50 million for its Molyhil Tungsten Project and confirmed premium acidgrade fluorspar production at Speewah, underpinning strong project economics and strategic partnerships.

Develop Global (ASX:DVP) posted a record June quarter with Woodlawn copper-zinc production up 47%, supported by a US$400 million Trafigura financing deal that underpins its Sulphur Springs and Pioneer Dome projects.

Echo IQ has locked in a strategic $20 million investment and US partnership with Pro Medicus, alongside a $110 million capital raise, positioning the company for accelerated commercial expansion of its AI-driven cardiovascular diagnostics in the US.

Anax Metals has kicked off Front-End Engineering Design for its Whim Creek Copper Project, setting the stage for a Final Investment Decision by the end of 2026. The project, boasting a robust DFS with a pre-tax NPV7 of A$501 million and a 98% IRR, moves closer to construction amid ongoing financing talks.

Union Star Metals has sharpened its exploration focus on the Cobb Creek Gold Project in Nevada, identifying a significant concealed gold target and progressing toward maiden drilling while divesting non-core assets to streamline operations.

Bayan Mining has launched its first-ever drilling program at the Desert Star Rare Earth Project, confirming key mineralisation and signing a strategic MoU with US Critical Materials to develop processing technologies.

Kingfisher Mining has completed extensive drilling at its Broken Hill Project, delivering high-grade copper-gold assays that push the Copper Blow project closer to a maiden resource estimate while progressing a strategic partnership with Broken Hill Mines.

Talga Group has taken a significant step toward securing long-term supply and investment for its Vittangi Anode Project by signing a non-binding Letter of Intent with Japan’s Hanwa. The agreement targets binding contracts by year-end, reinforcing Talga’s foothold in the global battery materials market.

Pure Resources has agreed to sell its non-core Mt Monger gold exploration licence for $20,000 cash plus a 20% uplift fee on future monetisation within 18 months, shedding holding costs while retaining upside.

Brazilian Critical Minerals delivers a robust Bankable Feasibility Study for its Ema rare earth project, showcasing strong economics, a major resource upgrade, and advancing permitting milestones.

Hastings Technology Metals has accelerated its downstream rare earths strategy by progressing a 49% stake in a Thai hydrometallurgical plant, securing feedstock and doubling planned capacity. An updated Yangibana DFS reveals robust economics, underpinning near-term production and cash flow.