Aldoro Resources Updates JORC Resource for Kameelburg, Confirming World's Largest Strontium Deposit

[SMM Rare Earth Weekly Review: Overall Decline in Rare Earth Prices Driven by Futures Disruptions] The Pr-Nd oxide market was in the doldrums overall this week. Affected by price fluctuations in futures, traders made shipments at low prices. Meanwhile, the "rush to buy amid continuous price rise and hold back amid price downturn" sentiment intensified the wait-and-see sentiment among downstream metal plants, with poor purchase willingness. Market trading activity was very sluggish. As of today, Pr-Nd oxide prices had fluctuated downward to 745,000-750,000 yuan/mt.

[SMM Rare Earth News Flash] Australia's Arafura announced that its Nolan rare earth project received A$200 million (approximately $144 million) in unsecured convertible notes from the National Reconstruction Fund, bringing total financing to $911 million. The project plans to produce 4,400 mt of Pr-Nd oxide and 470 mt of mixed medium-heavy rare earth oxide annually for at least 38 years, meeting 4% of global Pr-Nd demand. The company plans to make a final investment decision in July 2026 and has signed offtake agreements with Hyundai, Siemens, and others covering 66% of production.

[SMM Rare Earth News Flash] ASX-listed Lindian Resources announced significant progress in the construction of its Kangankunde rare earth project in Malawi. Civil and foundation works for the beneficiation plant have commenced, and infrastructure construction including the 30,000-volt power line and transport roads continues to advance. The project remains on track as planned, with front-end commissioning expected in October and first production targeted for Q4 2026.