Latest Zircon News

Iron Road Ltd faces headwinds in securing partners for its Central Eyre Iron Project amid market and energy volatility, delays drilling at Mulgathing due to flooding, but reports promising heavy mineral sands results and evolving land option dynamics at Cape Hardy.

Fortuna Metals has outlined a substantial exploration target of 180-240 million tonnes at 0.86-1.0% rutile grade at its Mkanda project in Malawi, advancing drilling and metallurgical testing to position itself in a tightening global titanium feedstock market.

Iluka Resources scaled back mineral sands output in Q1 2026 amid operational idling and market caution, while capital expenditure on its Eneabba rare earths refinery hit $977 million with commissioning progressing.

Sheffield Resources reported a fire at its Thunderbird Mineral Sands Mine feed preparation plant during maintenance, causing limited damage and no injuries. Operations resumed within two days after safety checks.

McLaren Minerals has announced a fully underwritten Share Purchase Plan targeting A$1.5 million at a 15.5% discount, offering eligible shareholders free attaching options. The capital will support feasibility studies and exploration at its key projects.

MRG Metals Limited has reported high-grade Total Heavy Mineral (THM) assay results from the fifth alluvial target at its Adriano Rare Earth Project in Mozambique, reinforcing district-scale mineralisation across five targets. Mineralogical studies and assays from adjacent licences are pending, supporting the broader Adriano-Fotinho critical mineral corridor potential.

Osmond Resources has made significant progress on its Orión EU Critical Minerals Project in Spain, focusing on low capital expenditure concentrate production and expanding its drilling program to support rare earth and critical mineral extraction.

Astron Limited has completed a Bankable Feasibility Study for Phase 1 of its Donald Rare Earth and Mineral Sands Project, confirming robust economics and advanced financing talks ahead of a targeted Q2 2026 Final Investment Decision.

McLaren Minerals has identified a vast 54-kilometre zircon-rich mineral sands system with promising rare earth element potential at its Barossa Project in South Australia’s Eucla Basin. Historical data and geological reinterpretation reveal multiple mineralised centres, setting the stage for further exploration.

VHM Ltd has secured board approval to develop its Goschen Rare Earths and Mineral Sands Project at full capacity, signalling a strategic pivot to meet surging global demand for critical minerals.

Diatreme Resources has reported a significant boost in mineral recoveries and production forecasts for its Cyclone Project in Western Australia, driven by advanced metallurgical testwork and flowsheet optimisation.

McLaren Minerals has revealed promising high-grade heavy mineral results from its newly acquired Barossa Project in South Australia's Eastern Eucla Basin, highlighting significant zircon and ilmenite content. The company plans follow-up exploration in 2026 to expand and validate these findings.