Latest Supply Chain News

Core Lithium has taken the final investment decision to restart its Finniss Lithium Project, backed by a $307 million diversified funding package and strategic partnerships. The project targets a 20-year mine life with low operating costs and significant growth potential.

Meteoric Resources hosted Minas Gerais Governor Romeu Zema at its Caldeira Rare Earth Project pilot plant, highlighting continuous production success and strong government backing for the project’s expansion.

Lodestar Minerals has verified xenotime as the dominant heavy rare earth mineral at its Virgin Mountain project in Arizona, highlighting critical elements essential for US defence and clean energy. The discovery positions the project as a strategic domestic source of scarce heavy rare earths.

Viridis Mining and Minerals has raised AU$25 million through a heavily oversubscribed placement, bolstering its cash position to approximately AU$76 million as it advances the Colossus Rare Earth Project towards a Final Investment Decision in Q3 2026.

Sims Limited projects a robust FY26 underlying EBIT between $350 million and $400 million, buoyed by strong non-ferrous metal prices and resilient memory chip demand despite geopolitical and market headwinds.

Sovereign Metals has significantly upgraded its Kasiya Rutile-Graphite Project resource, increasing measured and indicated rutile by 32% ahead of its definitive feasibility study. This cements Kasiya as the world’s largest natural rutile deposit, reinforcing its strategic importance in critical mineral supply chains.

After an 18-month trading suspension, Lithium Energy Limited has resumed ASX trading, unveiling a diversified portfolio including new gold-copper and lithium brine projects alongside a strategic graphite acquisition.

Vulcan Energy has obtained its inaugural lithium production licence for the Lionheart Project in Germany, marking a pivotal step as the project moves into funded construction. This licence supports Vulcan’s ambition to supply Europe with sustainable lithium for electric vehicle batteries, backed by renewable energy co-production.

Atlantic Lithium has raised up to US$16.4 million through strategic Ghanaian pension fund investments and a placement with Long State Investments, advancing its flagship Ewoyaa Lithium Project towards production.

MRG Metals confirms robust rare earth oxide mineralisation at its Garies project in South Africa, hitting a peak 4.49% TREO over 6.6 metres. This breakthrough drilling result underscores the project's potential as a critical supplier of magnet rare earths vital for clean energy technologies.

Ark Mines Limited has secured a crucial mining licence for its Sandy Mitchell Rare Earths Project in North Queensland, marking a key step toward development and commercialisation.

Almonty Industries has completed Phase 1 commissioning of the Sangdong Tungsten Mine in South Korea, marking its first production in over 30 years and setting the stage for a major expansion.