SYDNEY: Australian explorer Lodestar Minerals Limited (ASX: LSR) has agreed to acquire the Virgin Mountain heavy rare earth project in Arizona, a site rich in heavy rare earth elements (HREEs) critical for defence, clean energy, and technology sectors, the company announced on Monday. The move comes as China, which dominates global rare earth production, further…
MEXICO CITY: EV Resources Ltd. (ASX:EVR) has signed a lease agreement with an option to purchase a 150-tonne-per-day antimony processing plant in Tecomatlán, Mexico, positioning the company for near-term production and strategic supply alignment with U.S. critical minerals initiatives. The plant, located 50 kilometers from EVR’s Los Lirios Antimony Project, includes crushers, ball mills, flotation…
SYDNEY: Liberty Metals Ltd (ASX: LIB) has entered into a binding option agreement to acquire three district-scale critical mineral projects in Brazil, marking a strategic expansion into one of the world’s Tier 1 mining jurisdictions. The portfolio includes the Paraiba Hard Rock Rutile Project, the Rio Grande Heavy Mineral Sands (HMS) Project, and the Alcobaca…
PERTH: Australian explorer Pinnacle Minerals Ltd. (ASX: PIM) has executed a binding agreement to acquire a portfolio of eight critical minerals projects in the United States, the company announced Wednesday. The acquisition includes six projects in Idaho and two in Washington state, all located in historic mining districts. The centerpiece of the deal is the…
PERTH: Nimy Resources Ltd. (ASX: NIM) has signed a non-binding memorandum of understanding with U.S.-based M2i Global Inc. for the potential sale of gallium from its Mons Project in Western Australia. The agreement, announced Monday, grants M2i exclusive rights to negotiate the purchase of 100% of the gallium-bearing concentrates from the project for delivery to…
SYDNEY: Australian miner Lithium Energy Ltd (ASX:LEL) said on Thursday it has acquired the Mt Dromedary graphite project in Queensland for $2 million, consolidating a major high-grade resource as it studies building a battery anode material (BAM) plant. The acquisition from battery technology company NOVONIX Ltd (ASX:NVX) gives Lithium Energy 100% ownership of three adjacent projects…
LONDON: Metals One Plc (AIM: MET1), a critical and precious metals exploration company, said Friday it has acquired a 10.45% stake in Evolution Energy Minerals Ltd (ASX: EV1) and agreed to underwrite part of Evolution’s A$1.45 million Rights Issue. The investment provides Metals One exposure to Evolution’s Chilalo Graphite Project in Tanzania, a development-ready asset…
SYDNEY: Moonlight Resources Ltd., a 44.7% owned entity of Lithium Plus Minerals Ltd. (ASX: LPM), has agreed to acquire the Clermont Gold Project in Queensland from Diatreme Resources Ltd. (ASX: DRX), positioning itself for an initial public offering on the Australian Securities Exchange. The A$3.5 million transaction includes A$3.25 million in Moonlight scrip and A$250,000…
PERTH: Resource Minerals International Ltd. (ASX:RMI) has acquired a 50% interest in a Saudi Arabian joint venture following the granting of the Shaib Marqan exploration licence, marking a significant expansion of its global mineral exploration portfolio. The licence, covering 91.8 square kilometers in the mineral-rich Ar Rayn Terrane, was granted on August 17 and is…
LONDON: Aterian plc (LSE: ATN), a critical mineral exploration and development company, has signed a pioneering Memorandum of Understanding with a stealth-stage machine learning start-up spun out from the University of Cambridge. The start-up, backed by the Royal Academy of Engineering and Entrepreneurs First, specializes in advanced computational modeling for mineral exploration. Under the agreement,…
LONDON: Metals One (AIM: MET1) said on Monday it had completed the acquisition of the Squaw Creek Claims (SQ Claims) in Carbon County, Wyoming, marking its second uranium project in the United States amid growing interest in domestic nuclear energy assets. The SQ Claims, comprising 53 unpatented mining claims spanning roughly 430 hectares in the…
SYDNEY: Pantera Lithium Ltd. (ASX: PFE) has entered a binding agreement to sell its Smackover lithium brine project in Arkansas to U.S.-based Energy Exploration Technologies Inc. (EnergyX) in a deal valued at A$40 million. The transaction includes A$6 million in cash and A$34 million in EnergyX common stock, giving Pantera shareholders exposure to the recovering…