Critical Minerals

Tsodilo Resources has confirmed significant skarn-hosted critical mineral and rare earth element (REE) mineralization at its Gcwihaba project in Botswana. Initial drilling intersected REEs, including high-grade neodymium and praseodymium, vital for electric vehicles and renewable energy. The project boasts a conceptual target of 81-97 million tonnes and hosts numerous critical minerals. A 15,000-meter drilling program in 2026 aims to define resources and support a mineral resource statement.

Tech investors are increasingly interested in Greenland’s critical and rare earth minerals amid heightened US interest in the Arctic island. Companies like Critical Metals Corp and Amaroq are seeing investor “buzz” due to the strategic importance of these minerals for advanced technologies and defense, as well as global supply chain vulnerabilities. While exploration is underway, experts suggest it will take a decade for Greenland’s resources to significantly impact Western dependence on China.

International Lithium Corp. (ILC) reported overwhelming shareholder support at its annual general meeting, approving all resolutions and director nominees. The company is focused on critical minerals exploration in Ontario, Canada, and Southern Africa, targeting lithium, rubidium, and copper. Driven by surging demand for EV batteries and data centers, ILC aims to develop its projects and secure supply chains, contributing to the green energy economy. Key priorities include the Raleigh Lake and Firesteel projects, with strategic expansion into Zimbabwe.

Neotech Metals’ Hecla-Kilmer project in Ontario features a unique rare earth system predominantly hosted within apatite. An independent study confirmed up to 98% of rare earths reside in apatite, which constitutes a significant portion of the rock. This apatite-hosted mineralization suggests more efficient and cost-effective extraction due to favorable leachability and liberation rates. This distinctive profile positions Hecla-Kilmer for a potential Maiden Resource Estimate in 2026.

100 words.Leapfrog Acquisition Corp priced its IPO at $10 per unit, selling 12.5 million units for $125 million in gross proceeds. The units, each containing one Class A share and half a warrant (exercise price $11.50), will begin trading on Nasdaq under the ticker “LFACU” on Dec 5 2025, with warrants later listed as “LFACW.” BTIG serves as sole book‑runner and may purchase an additional 1.875 million units under a 45‑day over‑allotment option. The SPAC targets mergers or acquisitions in the global energy supply chain and critical‑minerals sectors.

words.Century Lithium reported that laboratory tests at its Angel Island lithium project in Nevada can recover more than 97 % of rare‑earth elements (REEs) from primary leach solutions without affecting lithium extraction. The ion‑exchange process selectively captures REEs such as dysprosium, neodymium and scandium, offering a valuable by‑product that could boost the project’s economics and align with U.S. goals for domestic critical‑metal supply. The company will now optimize performance, scale REE processing, explore commercial partnerships, and quantify the economic impact of this dual‑output operation.

China has eased export restrictions on critical minerals and rare earth elements, a move seen as a result of recent US-China talks. The one-year suspension, effective after October 9th, impacts materials used in military hardware, semiconductors, and advanced technology. This includes gallium, germanium, antimony, graphite and synthetic diamonds. The US has reciprocated by reducing tariffs and postponing the blacklisting of Chinese subsidiaries. Analysts believe China aims to stabilize its economy and project reliability in the global trading system.

E3 Lithium will host a webinar on November 5, 2025, at 9:00 AM MT, led by CEO Chris Doornbos. Updates will cover progress on Phase 1 & 2 Demonstration Facilities, recent equity financing, and E3 Lithium’s role in the North American critical minerals landscape. Governmental initiatives and upcoming milestones for the Clearwater Project in Q4 2025 and 2026 will also be discussed. A live Q&A session will follow a 45-minute presentation, with a recording available on the company’s website. E3 Lithium focuses on developing lithium resources in Alberta and Saskatchewan, emphasizing Direct Lithium Extraction technologies.

Almonty Industries Inc. (ALM) will acquire U.S. Tungsten Inc., granting exclusive rights to the Gentung Browns Lake Tungsten Project in Montana for $9.75 million. Production is anticipated by late 2026, benefiting from existing infrastructure in a historically significant tungsten district. Almonty also agreed to purchase a corporation holding key assets for the project for $250,000. The acquisition aligns with the U.S. strategic imperative to diversify its critical minerals supply, bolstering Almonty’s position as a global tungsten concentrate supplier.

China urges resource-rich nations to stabilize critical mineral supply chains amid the U.S.-Australia accord aimed at countering China’s rare earth dominance. The agreement, valued at $8.5 billion, follows China’s stricter export controls on rare earths, vital for modern technologies. Experts predict surging demand driven by clean energy transition. China holds a dominant 60% share of global rare earth production, raising U.S. concerns. Australian rare earth stocks showed mixed trading, reflecting market’s cautious optimism amid complexities in a politicized sector.