Latest Rare Earth Supply Chain News

Viridis Mining and Minerals has received a significant US$100 million Letter of Interest from Export Development Canada, reinforcing the financing framework for its Colossus Rare Earths Project in Brazil. This follows prior support from French and Brazilian export credit agencies, positioning the company for a Final Investment Decision in 2026.

Energy Transition Minerals has taken a decisive legal step by asking Greenland’s High Court to remove Denmark from its rare earth project dispute, paving the way for substantive hearings on its exploitation licence claim.

Locksley Resources has partnered with Columbia University to develop cutting-edge, sustainable technologies for rare earth and critical mineral processing in the US, advancing its Mine-to-Market strategy amid growing government support.

Lion Rock Minerals has pinpointed a unique monazite-enriched granite source rich in heavy rare earths at its Minta Est Project in Cameroon, triggering an infill drilling campaign to define this promising mineralisation.

Ionic Rare Earths has signed a landmark MOU with US Strategic Metals to develop rare earth magnet recycling in Missouri, advancing the US-Australia critical minerals partnership and aiming to reduce reliance on Chinese supply.

Eclipse Metals has completed over 700 metres of diamond drilling at its Grønnedal project in Greenland, confirming continuous rare earth mineralisation and reinforcing its substantial inferred resource estimate. Drilling has now progressed to the polymetallic Ivigtût prospect, broadening the company’s critical minerals footprint.

Mont Royal Resources has re-listed on the ASX following a merger with Commerce Resources, bringing the Ashram Rare Earth and Fluorspar Deposit in Québec to the forefront of North American critical minerals development.

Northern Minerals reports a robust Definitive Feasibility Study and secures conditional funding interest, positioning Browns Range as a critical supplier of heavy rare earths by 2028.

Hastings Technology Metals and Wyloo have signed a non-binding agreement with Ucore Rare Metals to negotiate a long-term offtake for rare earth concentrate and explore US-based downstream processing.

Victory Metals has significantly upgraded its North Stanmore rare earths resource, reporting record dysprosium grades and producing a high-purity rare earth oxide. The company also secured strategic partnerships and $11.5 million in new funding.

Hastings Technology Metals has completed a transformative joint venture with Wyloo for its Yangibana Rare Earths Project, eliminating $123 million in debt and divesting its gold portfolio to sharpen its rare earths focus.

ACDC Metals reports promising mineralogy results from its Goschen Central Project, highlighting valuable rare earth elements and heavy minerals. The company maintains a solid cash balance and advances its retention licence application, positioning itself well in the evolving rare earth sector.