🕒 Tuesday 23 June 2026 Tue, 23 June 2026

Iluka Resources has secured a multi-year, take-or-pay rare earths supply contract with a major automotive company, aligning with its Eneabba refinery ramp-up and backed by a $1.65 billion government loan for refinery completion.

Chilwa Minerals has expanded its Mpyupyu West heavy mineral sands discovery to over 17 km², surpassing the combined area of the Mpyupyu Dune and Flat deposits. This expanded target borders the recently doubled 109.6 Mt Mpyupyu resource, with drilling underway to test a potential physical merger.

Dreadnought Resources has nearly doubled the high-confidence Indicated gold resource at its Metzke’s Find deposit in WA’s Illaara Project, lifting total ounces to about 25,000 at a robust 5.2 g/t grade. The shallow, high-grade resource sits on a granted mining lease and remains open for expansion.

FortifAI Limited (ASX: FTI) has laid out its vision for the burgeoning Agentic AI infrastructure sector, spotlighting its Nol8 AI Data Plane technology designed to tackle critical GPU underutilisation and data delivery bottlenecks. The company projects a $120 billion total addressable market by 2030, driven by explosive growth in AI agent workloads and data movement demands.

Basin Energy's maiden drilling at Newmans Prospect outlines a 3.3 km corridor of magnet rare earth mineralisation, validating a preserved-weathering exploration model and identifying two priority target zones for follow-up.

Discovery Alaska is progressing preparations for its first drilling campaign at the Boulder Creek project in Idaho, targeting historic high-grade zones identified in the 1980s alongside recent encouraging rock samples.

Duketon Mining's first-ever drilling at Barlee delivers broad gold intercepts, confirming promising mineralisation and setting the stage for expanded exploration.