O Odessa Minerals Limited

Odessa Minerals Limited Discovers Excellent Lithium Drill Targets At Lockier Range

Why Spend Over $400m Building This Wa Rare-Earth Mine? Around 1,000 Kilometres North Of Perth, The Yangibana Rare-Earths Project Is Aiming To Become One Of Australia’S Key Suppliers Of Neodymium And Praseodymium (Ndpr) — Metals Used In Electric-Vehicle Motors, Wind Turbines And Defence Technology. The Site Sits In The Gascoyne Region, Far From Major Towns But Close To Some Of The Country’S Best Rare-Earth Geology. Backed By Hastings And Wyloo The Project Is Being Advanced By Hastings Technology Metals, With Major Backing From Andrew Forrest’S Wyloo. Together They Are Working On A $470 Million Development Plan To Build The Mine And Processing Facilities Needed To Produce High-Grade Concentrate. A Us Supply Chain In The Making Yangibana Is Designed To Export Around 37,000 Tonnes Of Rare-Earth Concentrate Per Year. A Key Part Of The Strategy Is Feeding New Downstream Processing Capacity In The United States, As Global Manufacturers Look To Secure Non-Chinese Sources Of Critical Minerals For Clean-Energy Technologies. Funding Remains The Final Hurdle While Early Works Have Already Begun And Government Agencies Have Provided Loan Support, The Project Still Needs To Secure Its Remaining Capital Before Full Construction Can Move Ahead. That Leaves A Central Question For Investors And Policymakers Alike: Is Yangibana Finally Close To Becoming A Reality?

Rio Tinto Kicks Off Rhodes Ridge Early Works Rio Tinto Has Started Early Works At Rhodes Ridge In Western Australia’S Pilbara, A Project Often Described As The Region’S “Last Crown Jewel”. What Rio Is Doing Now The First Phase Includes A Us$191 Million Feasibility Study (Reported As About A$294 Million) To Progress Plans For A Major New Iron Ore Operation. The Target Rio Is Aiming For The Project To Be Producing Around 40–50 Million Tonnes A Year By 2030, Subject To Approvals. The Scale Rhodes Ridge Is Estimated To Hold About 6.8 Billion Tonnes Of High-Grade Iron Ore, Making It One Of The Largest Undeveloped Iron Ore Deposits On The Planet. Why It Matters If It Gets The Green Lights, Rhodes Ridge Could Help Support Pilbara Exports For Decades, Using Rio’S Existing Regional Infrastructure As Development Ramps Up.

$Boe $100 Million Uranium Restart Near Broken Hill Boss Energy Has Restarted The Honeymoon Uranium Mine In South Australia, More Than A Decade After The Project Was Placed On Care And Maintenance. The Site Sits Around 80 Kilometres North Of Broken Hill And Was Previously Shut Down In 2013 When Uranium Prices Were Too Low To Support Operations. New Technology Behind The Revival As Part Of The Restart, Boss Energy Replaced The Old Solvent-Extraction Processing Circuit With A Modern Ion-Exchange Plant Designed To Improve Efficiency And Lower Operating Costs. The Company Also Developed New In-Situ Recovery Wellfields To Support Long-Term Production. A Rebuild Costing Well Over $100 Million The Restart And Expansion Program Has Required An Investment Exceeding $100 Million, Covering Plant Upgrades, New Drilling, And Expansion Infrastructure. The Company’S Ramp-Up Has Progressed Quickly, With Honeymoon Now Producing Uranium At Its Highest Rates Since Reopening. Favourable Market Conditions The Revival Comes As Global Uranium Demand Strengthens And Prices Rise Toward Decade Highs, Driven By Renewed Interest In Nuclear Energy And Concerns Over Fuel Supply Security. Higher Prices Have Improved Project Economics, Raising The Question Of Whether Boss Energy Has Timed The Restart Perfectly. A Strategic Play For Australia’S Energy Future If Production Continues To Scale As Expected, Honeymoon Could Become A Key Australian Supplier Of Uranium, Contributing To Both Export Markets And The Global Shift Toward Low-Emissions Energy Sources.

Capricorn Expands In Mount Gibson Gold District Capricorn Metals Has Made A Low-Key Christmas Acquisition In Western Australia’S Mount Gibson Gold District, Strengthening Its Regional Footprint. The Company Has Agreed To Buy The Nearby Yalgoo Project For $4.5 Million, Adding Around 1,000 Square Kilometres Of Prospective Ground To Its Existing Exploration Holdings. Strengthening The Mount Gibson Footprint The Yalgoo Project Sits Close To Capricorn’S Recently Acquired Golden Range And Fields Find Projects, Both Located Near The Mount Gibson Area. The Land Package Is Considered Prospective For Gold And Copper, With Scope For Future Discoveries. Rather Than A Short-Term Production Move, The Acquisition Is Aimed At Long-Term Consolidation Across The District. Focus On Future Ore Supply Capricorn Has Positioned The Deal As A Strategic Step To Secure Potential Future Ore Sources, Supporting The Long-Term Outlook For Mining Operations In The Mount Gibson Region. The Acquisition Reflects An End-Of-Year Strategy Focused On Locking Up Ground Early, While Exploration Activity Is Expected To Ramp Up In Future Years.

$210 Million Deal Revives Major Copper–Gold Project In South Australia A Major Funding Agreement Is Breathing New Life Into One Of South Australia’S Most Significant Undeveloped Mineral Deposits. Kalkaroo, Located About 400 Kilometres North Of Adelaide, Holds One Of Australia’S Largest Copper–Gold Resources And Has Been In The Planning Stages For Years Without Moving Into Full Development. Havilah’S Long-Standing Project Gains Momentum Owned By Havilah Resources, The Kalkaroo Project Has Remained Idle As The Company Sought The Right Partner To Progress The Orebody Toward Production. Despite Its Size And Potential, The Project Has Not Advanced To Mine Construction, And The Remote Landscape Shows No Surface Infrastructure Or Open-Pit Activity. Sandfire Commits Up To $210 Million A New Agreement With Sandfire Resources Is Now Set To Accelerate The Next Phase. Sandfire Has Committed Up To $210 Million Under An Earn-In Structure, Including Funding For Fresh Drilling Aimed At Upgrading And Expanding The Resource Base. The Plan Includes A New Pre-Feasibility Study And Thousands Of Metres Of Drilling To Better Define The Deposit. Could Kalkaroo Finally Become A Mine? The Substantial Investment Marks The Most Serious Step Toward Development The Project Has Seen In Years. If The Drilling Program Confirms Its Potential And The Study Demonstrates Economic Viability, Kalkaroo Could Progress Toward Becoming One Of The Next Major Copper–Gold Mines In The Region. Industry Observers Say The Deal Signals Growing Confidence In South Australia’S Copper Future, Especially As Demand For Copper Continues To Rise Globally.