Latest Critical Materials News

Ionic Rare Earths advances its rare earths strategy with major UK government funding, Brazilian JV progress, and US expansion talks amid China export controls.

Ionic Rare Earths’ Belfast plant is ramping up production of critical heavy rare earth oxides to meet soaring demand from Western markets following China’s export restrictions. This strategic move positions the company as a key supplier for defence, renewables, and advanced manufacturing sectors.

Kinterra Capital has increased its takeover offer for New World Resources to A$0.067 per share after securing a 39.46% stake, with the New World board unanimously backing the bid and urging shareholders to accept before the August deadline.

IperionX has secured A$70 million through a share placement to fast-track expansion of its titanium production capacity in the U.S., aligning closely with Department of Defense priorities.

Australian Strategic Materials (ASM) reports significant progress in Q2 2025, including its first commercial heavy rare earth metals sale and a transformative low-cost production pathway at its Dubbo Project.

Kingsland Minerals is finalising its scoping study for the Leliyn Graphite Project, positioning itself to capitalise on shifting global graphite markets driven by new US tariffs on Chinese imports.

Lithium Universe has completed the acquisition of New Age Minerals, gaining exclusive rights to a patented solar panel recycling technology that promises to revolutionize critical metal recovery. This move complements its lithium refinery ambitions and positions the company at the forefront of sustainable clean energy solutions.

New World Resources has acknowledged an increased takeover offer from Kinterra, triggering a matching rights process with Central Asia Metals. The board signals potential for a superior proposal amid a competitive bidding landscape.

Kinterra Capital has raised its takeover offer for New World Resources to A$0.066 per share, making the bid unconditional and signaling a possible further increase if it secures a 30% stake.

Kinterra Capital has lodged a formal review application against the Takeovers Panel’s earlier ruling involving New World Resources, signaling potential shifts in the ongoing corporate governance saga.

Almonty Industries has successfully priced a US$90 million upsized public offering and commenced trading on the Nasdaq, positioning itself as a key tungsten supplier for U.S. defense needs.

Ionic Rare Earths’ UK subsidiary, Ionic Technologies, has won £11 million in government funding to spearhead a pioneering rare earth permanent magnet supply chain for electric vehicles, aiming to reduce UK dependence on Chinese exports and boost domestic EV manufacturing.