en.Wedoany.com Reported - Multiple Australian miners advanced critical mineral projects during the March quarter, achieving significant progress in the rare earth sector, including technological breakthroughs, production increases, and project development.

Victory Metals made progress at its North Stanmore project in Western Australia. Flotation concentrate leaching recovered high-value heavy rare earth elements, with dysprosium recovery at 70.9%, terbium at 70.2%, and yttrium at 75.1%. Exploration discovered a mineralized zone grading up to 11,565 ppm total rare earth oxides, setting a new high for the project. Metallurgical testing upgraded sample grades to 5.9% TREO through flotation. The company also plans to collaborate with Curtin University to develop a pilot plant. Quarter-end cash stood at approximately US$12.56 million.

ABx Group advanced its rare earth project in northern Tasmania. Its mixed rare earth carbonate product received positive customer feedback, and ANSTO produced a second sample. The company is discussing supply pathways with potential partners including Ucore Rare Metals. Managing Director Dr. Mark Cooksey attended investor meetings in Canada and the United States. Additionally, ABx is progressing the construction of a fluorine chemicals pilot plant at Bell Bay, as well as bauxite projects in Queensland and New South Wales, targeting production in 2026.

Australian Strategic Materials (ASM) increased deliveries of neodymium-iron-boron alloy from its Korean metals plant by 70%, reaching 42 tonnes. In heavy rare earths, 10 kilograms of terbium metal were produced, and a new heavy rare earth metalization furnace was installed. The KMP expansion plan will increase the number of furnaces from 4 to 12. ASM continues to advance the proposed transaction with Energy Fuels, believing the deal aligns with the objectives of the Australian and U.S. governments to support alternative rare earth supply chains. CEO Rowena Smith stated that during the quarter, both governments announced critical mineral investment vehicles, and ASM's positioning is consistent with the global policy framework.

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