Latest Supply Chain News

Spenda Limited has successfully raised $1.4 million through a private placement, attracting both new and existing sophisticated investors to support its product development and working capital needs.

Patriot Resources has agreed to acquire 100% of the Tassa Silver Gold Deposit in Peru, backed by strong drill results and milestone-based share payments. The acquisition complements its growing portfolio of battery and critical minerals projects.

Sun Silver Limited has announced a substantial increase in its Maverick Springs Silver-Gold Project resource, adding 59 million ounces silver equivalent to reach 539 million ounces at a higher grade of 71g/t AgEq. This marks the third resource upgrade in under two years, underscoring the project's growing strategic importance amid shifting global silver supply dynamics.

EQ Resources Limited has locked in a €15 million three-year prepayment facility with Traxys Europe S.A., coupled with a five-year offtake agreement for tungsten concentrate from its Spanish mine, strengthening its financial footing and market position.

Liontown Limited has inked a binding two-year offtake agreement with Canmax Technologies for 150,000 wet metric tonnes of spodumene concentrate annually in 2027 and 2028, reinforcing its foothold in the lithium supply chain.

ABx Group has secured a non-refundable $300,000 fee from Good Importing International to extend an exclusive option for a $4.8 million investment in its New South Wales bauxite projects until mid-2026. This move strengthens their strategic partnership amid shifting global bauxite supply dynamics.

Diablo Resources has validated exceptional high-grade silver and antimony mineralisation at its Star Range project in Utah, setting the stage for maiden drilling amid strong market demand for critical minerals.

Almonty Industries has announced a $15 million public offering of common shares in the US, aiming to accelerate development across its tungsten and molybdenum projects amid rising global demand.

NH3 Clean Energy progresses its WAH2 Project through the FEED phase while forging a pivotal MoU with Japanese giant ITOCHU Corporation to develop clean ammonia bunkering in the Asia Pacific region by 2030.

Summit Minerals has agreed to acquire the historic Keystone Mine in Nevada, a polymetallic project boasting impressive historic grades of silver, gold, and tungsten. The acquisition positions Summit to tap into a prolific US mining district with significant critical metals potential.

Locksley Resources has raised A$17 million in an oversubscribed placement led by U.S. institutional investors, accelerating its strategy to develop a domestic supply chain for antimony and rare earths in California.

Cobalt Blue Holdings has raised $5.3 million through a discounted placement to advance its Kwinana Cobalt Refinery and Broken Hill projects, reinforcing its position in the critical minerals sector.