Latest Us Critical Minerals News

OD6 Metals has secured A$6.92 million from institutional and sophisticated investors to advance drilling, bulk sampling and resource definition at its Quinn Fluorspar Project in Nevada. The funding also sets up a proposed rebrand to Adaven, but brings dilution and a substantial package of shareholder approvals.

Locksley Resources has halted active field exploration across its Mojave antimony and rare earths project after antimony prices fell more than 57% from mid-2025 peaks. The strategic reset came as the company reported a widened FY26 loss of A$15.65 million and shifted attention to copper-gold assets in New South Wales.

Omnia Metals has shifted its exploration focus to US antimony, silver, rare earths and gallium projects, backed by $3.1 million in equity raisings. Early Montana sampling produced follow-up targets, but the company remains loss-making and says the results are reconnaissance-scale rather than evidence of a resource.

Dateline Resources has gained a powerful ally in its bid to restart the Colosseum project, with the US Government asking a federal court to suspend the injunction blocking operations. A Department of War declaration argues the California rare earth project serves US economic and national security interests, but the stay remains undecided.

Jindalee Lithium has filed a third amended US registration statement after a second round of SEC comments, keeping its proposed US Elemental Nasdaq listing targeted for the fourth quarter. The transaction still depends on SEC effectiveness, shareholder approval, Nasdaq clearance, funding and other closing conditions.

Trek Metals has secured a nine-month option to acquire the 154-claim Matrix Manganese Project in Arizona for a total potential cash consideration of A$200,000. The deal offers a low-cost route into a US critical-minerals opportunity, but carries a significant related-party consideration because CEO Derek Marshall owns about 66.67% of the vendor.

Ionic Rare Earths (ASX: IXR) and US Strategic Metals have agreed to a 50-50 joint venture to develop rare earth magnet recycling facilities at a fully permitted Missouri site, backed by US$100 million in funding.

Olympio Metals has launched its maiden drilling campaign at the Jacknife Project in Idaho, targeting historically rich silver mineralisation within patented claims, while advancing surface sampling at its Raven Project in Montana.

Viking Mines has reported high-grade tungsten mineralisation up to 2.7% WO3 at its Long and Terrell Projects in Nevada, expanding the potential of its tungsten portfolio beyond the flagship Linka Project.

American Tungsten & Antimony has commissioned Metso Finland to conduct a concept-level study for expanding ammonium paratungstate production at its Nevada Del Sol Refinery, aiming to bolster US domestic tungsten supply amid national security concerns.

Diablo Resources has delivered exceptional first-pass rock sampling results at its Horn Silver Project in Utah, revealing a district-scale polymetallic system rich in silver, gold, copper, lead, and zinc. These findings reinforce historical structural models and set the stage for imminent drilling campaigns.

QEM Limited’s review of the Big It Tungsten Project in Idaho reveals significant untapped high-grade tungsten, antimony, and gold mineralisation with extensive underground workings, setting the stage for a modern exploration campaign amid strategic supply concerns.