Latest Offtake Agreements News

Chariot Corporation has identified 32 high-priority lithium drilling targets at its Resurgent Project, strategically located adjacent to the world-class Thacker Pass lithium development in the US. This positions Chariot to potentially unlock a significant lithium resource amid strong government backing for domestic critical minerals.

Metallium’s U.S. subsidiary has signed a pivotal Memorandum of Understanding with Glencore, setting the stage for a major supply and offtake partnership in electronic scrap recycling. This collaboration underpins Metallium’s Texas facility launch and validates its proprietary technology in a competitive market.

Dyno Nobel has finalised the sale of its Fertilisers Distribution business and is advancing strategic shifts including a new US TNT manufacturing partnership, underpinning a strong FY25 outlook.

Victory Metals has taken a significant step forward by signing a non-binding Letter of Intent with Sumitomo Corporation to supply heavy rare earths from its North Stanmore project, marking a deepening of their strategic partnership.

Broken Hill Mines has locked in a US$25 million senior secured financing facility alongside a major silver-lead concentrate offtake agreement with Hartree Metals, underpinning growth at its Rasp and Pinnacles mines.

Orion Minerals has raised A$5 million through a share placement to fund early development at its Prieska Copper Zinc Uppers mine and advance studies at the Okiep Copper Project, underpinning its transition towards production.

MC Mining’s FY2025 results reveal a sharp increase in losses driven by impairments and lower coal sales, while a strategic investment by Kinetic Development Group advances its flagship Makhado Project.

Zeotech Limited has successfully raised $13 million through a strongly supported placement, positioning the company to advance mining operations at its Toondoon Kaolin Project and progress its AusPozz™ feasibility study.

Black Rock Mining has secured A$10 million through an equity placement to initiate early construction activities at its Mahenge Graphite Project in Tanzania, marking a pivotal step towards full project development.

EV Resources Limited has acquired the high-grade Milton Canyon Antimony Project in Nevada, reinforcing its strategy to supply critical minerals to the U.S. market. This move complements its existing assets in Nevada and Mexico, aligning with U.S. government priorities for secure antimony sources.

Core Lithium has terminated its final spodumene offtake agreement with Ganfeng Lithium, unlocking full marketing flexibility for its Finniss Lithium Project and enhancing strategic funding options.

Latrobe Magnesium Limited has successfully commenced production of Magnesium Oxide at its Hazelwood North Demonstration Plant, marking a significant operational milestone. The company is advancing towards steady-state output and exploring by-product commercialisation.