Latest Government Support News

Carnaby Resources reports promising assay results from its Trekelano drilling program and maintains a robust cash balance as it advances the Greater Duchess Copper Gold Project towards a Q3 2025 Pre-Feasibility Study completion.

Viridis Mining and Minerals has raised AU$11.5 million through a heavily oversubscribed placement, strengthening its balance sheet to advance the Colossus Rare Earth Project towards Final Investment Decision. The funding, backed by institutional and strategic Brazilian partners, positions Viridis with nearly AU$58.5 million in cash to accelerate development and regulatory approvals.

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.

Future Metals NL has raised A$4.2 million and entered a strategic MOU with Zeta Resources to explore processing its Eileen Bore and Panton ores at the Savannah Mine plant, signalling a new phase of development amid rising PGM prices.

Atlas Arteria reported a robust 10.7% increase in Q2 2025 toll revenue, driven by strong traffic growth and toll hikes, while the French government reaffirmed its backing of the concession model with regulatory updates expected later this year.

EcoGraf Limited has advanced its vertically integrated battery anode materials business with a US$105 million financing mandate for its Epanko Graphite Mine and positive momentum in US and EU government support.

Strategic Energy Resources has progressed key copper-gold projects in Queensland, securing government funding and advancing surveys with Fortescue, while divesting a non-core asset to sharpen its focus.

Australian Rare Earths Limited (ASX, AR3) reports successful metallurgical testwork at its Koppamurra Rare Earths Project, producing 34kg of Mixed Rare Earth Oxide from heap leach solutions, paving the way for streamlined, cost-effective rare earth processing.

Iltani Resources has delivered robust drilling results at its Orient Silver-Indium Project, reinforcing its status as a leading silver-indium discovery in Australia, while securing nearly $3 million to advance exploration.

Prodigy Gold has updated its mineral resources at the Tanami North Project, increasing gold ounces to over half a million, while securing $6.35 million in a recent entitlement offer to fund further exploration and development.

Stellar Resources advances exploration at its East Renison Project near Tasmania’s Renison Tin Mine, backed by a $55,000 government drilling grant targeting high-grade polymetallic zones.

Hamelin Gold Limited has progressed key drilling programs in Western Australia’s premier gold provinces, backed by a recent $2.8 million capital raise that leaves it well-funded for ongoing exploration.