VHM Approves Full-Scale Development of Goschen Rare Earth Project in Victoria, Aiming for 5Mmt Annual Capacity

Published: Mar 27, 2026 09:16

Save

[SMM Rare Earth Flash] Australian exploration and development company VHM announced on March 23 that it had approved the transition of its Goschen rare earth and mineral sands project in Victoria to full-scale development, abandoning its previous phased advancement strategy and directly launching large-scale operations with annual processing capacity of 5 million mt. The project was granted major project status by the Australian federal government in 2021 and had completed pre-feasibility and definitive feasibility studies, with development conditions fully in place. This move will accelerate the release of the project's resource potential and support the development of Australia's rare earth supply chain.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.minsAgo

Praseodymium-Neodymium Oxide Market Sees Narrow Fluctuations Amid Weak Demand and Supply Constraints

Common.Time.minsAgo

1 hour ago

[SMM Analysis] March Pr-Nd Drop Likely Due to Weak Demand Outlook: 2026 Demand Model (Part 3)

Concluding our series, we shift focus to 2026's emerging NdFeB growth drivers: robotics, low-altitude economy, and electric two-wheelers. While viewed as the "second growth curve," we analyze their actual demand support amidst current macro and industry cycles to determine if they can offset traditional sector slowdowns.

1 hour ago

Common.Time.hoursAgo

India Aims to Boost Rare Earth Magnet Production to 5,000 mt by 2030, Reducing Import Dependence

India is expected to increase domestic production of rare earth permanent magnets, such as lithium, targeting 5,000 mt by 2030. This move aims to reduce reliance on imports and gradually establish a solid foundation for critical minerals in China.

Common.Time.hoursAgo