Latest Critical Minerals Development News

Green Technology Metals (ASX: GT1) reports a significant lithium resource increase to 30.4 million tonnes and advances key projects in Ontario, while implementing strategic cost controls amid challenging market conditions.

Mont Royal Resources has announced a transformative merger with Commerce Resources, creating a dual-listed Canadian-focused critical metals company anchored by the Ashram Rare Earth and Fluorspar Deposit in Quebec.

Australian Rare Earths Limited (ASX: AR3) has successfully raised $3.6 million through a fully subscribed rights issue, backed strongly by existing shareholders and directors. The capital injection positions AR3 to advance uranium exploration and rare earth development amid favorable geopolitical shifts.

American West Metals has unveiled a positive Preliminary Economic Analysis for its Storm Copper Project in Canada, outlining a low-cost, 10-year production plan with strong financial returns. The company also secured a strategic funding and offtake partnership with Ocean Partners, while advancing its critical minerals projects in the US.

Iluka Resources reported a solid FY 2024 with $1.13 billion in mineral sands revenue and a net profit of $231 million, while advancing key projects like Balranald and Eneabba refinery.

Enova Mining reports multiple high-grade titanium dioxide intercepts exceeding 15% TiO2 at its CODA North project, reinforcing the site's multi-commodity potential and rare earth mineralisation prospects.

Lincoln Minerals is accelerating development across its diversified portfolio of critical minerals projects in South Australia's Gawler Craton, targeting copper, uranium, graphite, and high-purity iron to meet global electrification and decarbonization demands.

Astute Metals NL has announced a significant JORC-compliant Exploration Target for its Red Mountain Lithium Project in Nevada, highlighting substantial lithium potential and outlining aggressive drilling plans for 2025.

Renegade Exploration Limited has identified a significant high-grade antimony-gold-silver anomaly at its Myschka Prospect within the Yukon Project, Canada, highlighting critical defence metals and promising exploration potential.

Tivan has initiated its first diamond drilling program at the high-grade lead-silver Aileron target in the Northern Territory, following a key land access agreement. This marks a pivotal step in assessing a promising polymetallic deposit within the Sandover AI Project.

Cygnus Metals has secured conditional approval for up to C$1.3 million from Canada’s Critical Minerals Infrastructure Fund to support key pre-construction milestones at its Chibougamau Copper-Gold Project, marking a significant step towards feasibility and infrastructure development.

VHM Limited has secured ministerial endorsement for its Goschen Project Environmental Effects Statement, paving the way for a Final Investment Decision and targeted production in 2026. The company also advanced financing and strategic appointments to support its development trajectory.