Latest Us Critical Minerals News

Cobalt Blue Holdings advances its Kwinana Cobalt Refinery with a critical Works Approval and secures letters of intent covering 70% of initial production, while its Broken Hill Cobalt Project gains a three-year Major Project Status extension.

Astron Limited has achieved major milestones for its Donald Rare Earth and Mineral Sands Project, including government recognition and conditional financing, setting the stage for a Final Investment Decision by year-end.

Magnum Mining & Exploration has reported promising leach test results from its Brazilian rare earth projects and announced plans for a critical minerals processing hub in Nevada, supported by a $7 million capital raise.

Ragusa Minerals has signed a binding agreement to acquire a 60% controlling interest in Pegasus Tel Inc., gaining access to the Purple Pansy Manganese-Gold Project in Arizona, a critical mineral asset aligned with US government priorities.

Zeus Resources has completed its acquisition of the Casablanca Antimony Project in Morocco, revealing promising geophysical survey results and appointing a seasoned US strategic advisor to boost international partnerships.

IRIS Metals’ Phase II drilling at the Tin Mountain Project confirms exceptional lithium grades and unveils critical minerals like rubidium, positioning the company as a key player in the US critical minerals landscape.

Australian Rare Earths Limited (ASX, AR3) reported strong progress in its Koppamurra Rare Earths Project with high recovery rates and production milestones, while also expanding and resuming drilling at its Overland Uranium Project. The company bolstered its financial position through government grants and option exercises.

Ragusa Minerals has agreed to acquire a controlling stake in Pegasus Tel Inc., gaining access to the Purple Pansy manganese-gold project in Arizona, a critical asset aligned with US strategic mineral priorities.

Arafura Rare Earths has made decisive strides in funding its Nolans Project, securing up to US$400 million in conditional and indicative investments from Australian and US government-linked financiers, alongside a strong equity raise.

Locksley Resources has made significant strides in its US critical minerals strategy, advancing proprietary antimony refining technology and expanding its Mojave Project landholding. The company also completed an oversubscribed capital raise to fund upcoming drilling and downstream processing initiatives.

Pantera Lithium has completed the sale of its Smackover Lithium Project to EnergyX for A$40 million, securing cash and stock that bolster its balance sheet and strategic focus on US critical minerals.

Lodestar Minerals has agreed to acquire a major heavy rare earth element project in Arizona, positioning itself near the US's only active rare earth mine amid tightening Chinese export controls. The $3.25 million placement backs immediate exploration plans.