107 milestones tracked across 17 projects - from exploration and feasibility through to construction and first production.
DFS underway leveraging pilot plant data to define full-scale commercial parameters.
Phalaborwa Project
Rainbow Rare Earths · South Africa
Full mining permit application submitted to the Malawian Government for review.
Songwe Hill
Mkango Resources · Malawi
Mining and wet concentrator plant commissioning underway targeting first monazite concentrate.
Goschen Project
VHM Limited · Australia
Subject to FID, construction of mine and on-site processing to begin.
Browns Range
Northern Minerals · Australia
Debt package from NAIF, Export Finance Australia and Korean co-lenders under finalisation.
Nolans Project
Arafura Rare Earths · Australia
First commercial NdFeB magnet manufacturing facility in the US under construction in Fort Worth, Texas.
Mountain Pass
MP Materials · USA
Commercial-scale separation of heavy rare earths (Dy, Tb) added to Gebeng refinery alongside existing LREE stream.
Mount Weld
Lynas Rare Earths · Australia
Revised feasibility and financing package to reflect current market conditions and demand.
Dubbo Project
Australian Strategic Materials · Australia
Regulatory approval for mining operations required before FID.
Songwe Hill
Mkango Resources · Malawi
First mixed rare earth carbonate shipped from Angola to the UK Saltend refinery.
Longonjo Project
Pensana · Angola
EES process underway; a key requirement before construction approvals can be issued.
Donald Rare Earths
Astron Corporation · Australia
PFS underway incorporating ISR metallurgical test work and resource upgrade drilling.
Caldeira Project
Meteoric Resources · Brazil
PFS underway to define optimal mining and processing configuration for the ISR operation.
Koppamurra Project
Australian Rare Earths · Australia
Steady ramp-up toward nameplate capacity with additional processing capacity additions.
Serra Verde Mine
Serra Verde · Brazil
Full feasibility study incorporating the expanded capital available post-financing.
Round Top Project
USA Rare Earth · USA
Open-pit mine development and on-site beneficiation plant construction ongoing in Angola.
Longonjo Project
Pensana · Angola
FID subject to DFS outcomes and securing project finance.
Phalaborwa Project
Rainbow Rare Earths · South Africa
On-site monazite cracker and initial processing infrastructure under construction.
Steenkampskraal Mine
Steenkampskraal Minerals · South Africa
Debt and equity package required to proceed to construction.
Dubbo Project
Australian Strategic Materials · Australia
DFS to follow completion of the EES process.
Donald Rare Earths
Astron Corporation · Australia
Major construction works to commence following feasibility completion.
Round Top Project
USA Rare Earth · USA
FID subject to permit receipt, offtake agreements and project financing close.
Songwe Hill
Mkango Resources · Malawi
Equity and debt financing being assembled to reach a final investment decision.
Tanbreez Project
Tanbreez Mining · Greenland
Full nameplate throughput and monazite export volumes achieved.
Goschen Project
VHM Limited · Australia
FID targeted for 2026 upon financial close of the debt package.
Nolans Project
Arafura Rare Earths · Australia
Mining and integrated processing plant construction to begin immediately post-FID.
Nolans Project
Arafura Rare Earths · Australia
Complete mine-to-magnet US supply chain operational - mine, refinery and magnet manufacturing integrated.
Mountain Pass
MP Materials · USA
On-site rare earth separation facility to produce individual rare earth oxides domestically.
Serra Verde Mine
Serra Verde · Brazil
Commercial-scale plant construction at Phalaborwa to begin post-FID.
Phalaborwa Project
Rainbow Rare Earths · South Africa
Full ramp-up of HREE output as xenotime blend is steadily increased in the mine feed.
Mount Weld
Lynas Rare Earths · Australia
Mine development and processing plant construction.
Songwe Hill
Mkango Resources · Malawi
First HREO concentrate delivered to Eneabba Refinery as feedstock for Dy/Tb separation.
Browns Range
Northern Minerals · Australia
First ore mined from Yangibana open-pit operations and first mixed rare earth carbonate production.
Yangibana Project
Hastings Technology Metals · Australia
DFS to follow successful PFS completion and any binding offtake finalisation.
Caldeira Project
Meteoric Resources · Brazil
DFS to follow successful PFS and pilot ISR field trials.
Koppamurra Project
Australian Rare Earths · Australia
Rare earth separation refinery at Saltend Chemicals Park, Hull under construction alongside mine development.
Longonjo Project
Pensana · Angola
Underground mine re-entry and ore extraction following Phase 1 completion.
Steenkampskraal Mine
Steenkampskraal Minerals · South Africa
Full-scale mine and integrated processing plant construction.
Dubbo Project
Australian Strategic Materials · Australia
Board FID subject to DFS results and project financing.
Donald Rare Earths
Astron Corporation · Australia
Mine development and pre-concentration plant construction at the Killavaat Uunartoq site.
Tanbreez Project
Tanbreez Mining · Greenland
Agreement signed (April 2026) to supply third-party monazite to the Thailand plant, validating the processing revenue strategy.
Yangibana Project
Hastings Technology Metals · Australia
Hastings acquired a hydrometallurgical processing plant in Thailand (31 Mar 2026) enabling a near-term processing revenue stream ahead of Yangibana completion.
Yangibana Project
Hastings Technology Metals · Australia
Lynas confirmed a massive xenotime/churchite annulus zone surrounding the Crown Deposit, with Dy2O3 contained up 92%. First meaningful change to deposit geometry in decades.
Mount Weld
Lynas Rare Earths · Australia
USA Rare Earth secured $1.6 billion in capital commitments in January 2026, enabling project advancement.
Round Top Project
USA Rare Earth · USA
All primary approvals obtained: mining, environmental and land access.
Browns Range
Northern Minerals · Australia
DFS completed in September 2025, confirming project economics and the path to construction.
Browns Range
Northern Minerals · Australia
Industrial Development Corporation of South Africa released funding for Phase 1 metallurgical implementation in September 2025.
Steenkampskraal Mine
Steenkampskraal Minerals · South Africa
Infrastructure and plant construction works commenced on site.
Goschen Project
VHM Limited · Australia
Multi-tonne pilot confirmed rare earth enrichment factor and product quality from the tailings feedstock.
Phalaborwa Project
Rainbow Rare Earths · South Africa
EPA and federal EPBC approvals secured for the mineral sands operation.
Goschen Project
VHM Limited · Australia
Significant resource upgrade following additional drilling programs.
Koppamurra Project
Australian Rare Earths · Australia
Victorian mining lease approval received enabling the project to proceed to construction.
Goschen Project
VHM Limited · Australia