NORTHERN MINERALS ORD
Northern Minerals Raises $60.5 Million to Progress Browns Range Rare Earth Project
Northern Minerals (ASX: NTU) has confirmed the broad consensus that its Browns Range site is one of the world’s most significant undeveloped heavy rare earth element (HREE) projects with its successful completion of a $60.5 million capital raise. The company received binding commitments from new local and international institutions, along with sophisticated investors, for the heavily […]
Northern Minerals Receives US-Australian Backing for Browns Ridge Rare Earths Project
Northern Minerals (ASX: NTU) has received letters of support from key Australian and US government agencies for its Browns Range heavy rare earth element (HREE) project in Western Australia following yesterday’s $1.5 billion agreement between Donald Trump and Anthony Albanese. The Export-Import Bank of the United States (EXIM) has stated that it may consider financing the […]
Terbium tipped to follow gallium’s boom as demand surges and China cuts exports
Gallium has become the darling of markets and Australian miners after a dramatic surge in demand and prices following China’s decision to halt its exports of the rare earth element (REE). Now analysts are suggesting terbium could follow a similar path after China, the world’s largest producer, removed it from its REE export list as […]
RareX expands Mt Mansbridge heavy rare earths project with new tenements
RareX (ASX: REE) has shown its confidence in the Mt Mansbridge xenotime heavy rare earths project by adding further exploration ground to the Western Australian asset. The WA Department of Energy, Mines, Industry Regulation and Safety has notified RareX that it has granted tenements E80/5942 and E80/5973 within the project area. Xenotime is a rare-earth […]