Latest Rare Earths News

Amanda Lacaze, the CEO who transformed Lynas Rare Earths from a struggling startup to an ASX50 powerhouse, has announced her retirement. The company is now searching for a new leader to guide its next growth phase.

Eminence Minerals has engaged Brazilian consultancy GE21 to conduct a strategic technical review of its Campo Grande rare earth project, aiming to pave the way for a formal resource estimate and development studies.

Lindian Resources reports strong construction progress at its Kangankunde Rare Earths Project in Malawi, highlighted by the arrival of its Komatsu owner-operator mining fleet and advancing infrastructure works.

Meteoric Resources has received a conditional Letter of Support from Export Finance Australia for up to US$50 million to advance its Caldeira Rare Earth Project in Brazil, complementing prior US financing interest and reinforcing Australia-Brazil supply chain ties.

Bayan Mining has appointed Nathan Kong as its new CEO, bringing over 17 years of tier-one mining experience to lead its rare earth projects and strategic growth initiatives.

Viridis Mining and Minerals has secured a pivotal US$50 million Letter of Support from Export Finance Australia, finalising the export credit agency-led debt package for its Colossus Rare Earths Project. This milestone positions the project to advance towards full funding and a Final Investment Decision in the second half of 2026.

MRG Metals has raised $0.73 million through a placement to advance its rare earth and heavy mineral sands projects in Mozambique and South Africa, including a strategic acquisition and mining license progression.

MRG Metals has completed the acquisition of the Garies Rare Earth Project, a high-grade, magnet-rich rare earth asset in South Africa, significantly boosting its critical minerals portfolio. The deal positions MRG for rapid development with a clear pathway to early cashflow and complements its existing projects in Mozambique and the Adriano–Fotinho corridor.

Aldoro Resources has responded to ASX queries clarifying the basis for converting performance rights linked to mineral resource milestones, confirming independent verification and board ratification. The company commits to enhanced disclosure practices going forward.

Viridis Mining and Minerals has achieved a critical environmental milestone with the granting of the Preliminary License for its Colossus Rare Earth Project in Brazil, significantly de-risking the development timeline and paving the way for construction in 2026.

Meteoric Resources has obtained the Preliminary Environmental Licence without restriction for its Caldeira Rare Earth Ionic Clay Project in Brazil, clearing a key regulatory hurdle and keeping the project on track for mid-2026 construction.

ABx Group’s preliminary column leach tests reveal exceptional extraction rates of heavy rare earths from its Deep Leads project, underscoring the potential for cost-effective heap leaching and accelerated commercial production.