Caspin Resources has completed the second tranche of its $4.6 million capital raising, issuing over 28 million shares and broker options to fund its promising mineral projects. This milestone strengthens the company’s position in the competitive tin and critical minerals sector.
Elementos Limited advances its Oropesa Tin Project in Spain and Cleveland Tin Project in Tasmania, securing a binding option to acquire 50% of a Spanish tin smelter, positioning itself as the European Union’s primary vertically integrated tin producer amid strong tin prices.
Stellar Resources has reported exceptional surface sampling results from its East Renison Project in Tasmania, revealing high grades of silver, tin, antimony, gold, and critical minerals including indium. A government-supported drilling program is set to test promising targets, underscoring the project's growing strategic importance.
Heavy Rare Earths Limited (ASX – HRE) has struck a binding agreement to acquire an 80% interest in the Prospect Hill tin project, South Australia’s largest and most advanced tin deposit, expanding its footprint in critical minerals.