Company
Northern Minerals Ltd
ASX:NTU
Northern Minerals Ltd (ASX:NTU) is positioned to become one of the few producers of heavy rare earth element dysprosium via production from the Browns Range Heavy Rare Earth Project in Western Australia. Through the development of the flagship project, Northern Minerals aims to build the operation into a significant world producer of dysprosium outside of China. The project is 100%-owned by Northern Minerals and has several deposits and prospects containing high-value dysprosium and other heavy rare earths, hosted in xenotime mineralisation.
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Rare earths & specialist minerals
Northern Minerals enters rare earths supply partnership with Iluka Resources
“We can now confidently proceed with plans to establish a commercial-scale beneficiation plant at Browns Range,” Iluka‘s managing director Tom O’Leary said.
Rare earths & specialist minerals
Northern Minerals looks forward to the fruits of its strategic changes
“A strategic review earlier this year identified a significant opportunity to prioritise development of the rich Wolverine resource to bring forward plans for commercial production,” said executive chairman Nicholas Curtis AM.
Rare earths & specialist minerals
Northern Minerals boosts Wolverine rare earth resource at Browns Range by 47% following independent review
“The increased mineral resource at Wolverine is an important step in our plan to establish ourselves as a significant producer of dysprosium and terbium, offering a reliable alternative to production sourced from China,” said executive chai
Rare earths & specialist minerals
Northern Minerals appoints executive chair and executive director to support development of Browns Range processing facility
"We are very fortunate to have Curtis and Cai join NTU in executive capacities. Both bring significant expertise, experience and energy," said company director Adam Handley.
Rare earths & specialist minerals
Northern Minerals begins strategic business review following appointment of new chair
Northern Minerals has launched a strategic review into its operations as it prepares to release a feasibility study for Browns Range, with three promising targets identified for follow up drilling at the project later this year.
Rare earths & specialist minerals
Northern Minerals enhances board with appointment of non-executive director
Adam Handley specialises in advising North Asian investors and their Australian counterparts to build successful business relationships across a range of sectors including Energy & Resources, Mining and Project Development and others.
Rare earths & specialist minerals
Northern Minerals boosts finances with A$4.3 million R&D tax rebate
The Australian Tax Office rebate relates to the company’s refundable R&D tax offset claim for the financial year ended June 30, 2021.
Rare earths & specialist minerals
Northern Minerals new chair a regional and rare earths industry expert
Nick Curtis, who was awarded the Order of Australia for his work on China-Australia bonds, brings expertise in regional relations that will no doubt bolster the company's ambitions to become a global dysprosium producer.
Rare earths & specialist minerals
Northern Minerals makes strong progress in advancing Browns Range
The company continues to be debt-free with cash reserves moving into the 2022 financial year enabling it to undertake planned exploration as well as required test-work at the Browns Range pilot plant.
Rare earths & specialist minerals
Northern Minerals tests sorting system on its largest orebody with positive results
“The positive bulk sample tests confirm the effectiveness of the ore sorting circuit on the Wolverine ore to significantly increase the head grade to the mill which is expected to result in higher production rates and lower operating costs
Rare earths & specialist minerals
Northern Minerals discovers new yttrium targets at Browns Range
Preliminary field portable x-ray fluorescence (pXRF) results showed broad anomalism from the Cyclops, Rockslider and Bashee prospects.
Rare earths & specialist minerals
Northern Minerals begins second phase drilling at Browns Range
Following the success of the first phase of reverse circulation drilling at the project, the company has started a second phase aimed at converting a number of the targets into mineral resources.
Rare earths & specialist minerals
Northern Minerals commissions ore sorter at Browns Range, ready for next R&D test phase
A standalone commercial beneficiation plant has been identified by the board as the fastest path to full-scale production and cash flow from the project.
Rare earths & specialist minerals
Northern Minerals to start Browns Range second phase drilling in early June
The results from the first phase campaign in 2020 has encouraged the company to start second phase of drilling in June, based on its geological modelling.
Rare earths & specialist minerals
Northern Minerals expands exploration team as it looks to increase resource inventory
The company is looking to increase the resource inventory at the Brown Range Heavy Rare Earth Project in northern Western Australia.
Rare earths & specialist minerals
Northern Minerals surpasses production milestone with 210,000 kilograms of heavy rare earth carbonate from Browns Range
The total REC produced contained 103,731kg of rare earth oxides, which includes 9,751 kilograms of dysprosium and 1,245 kilograms of terbium.
Rare earths & specialist minerals
Northern Minerals completes A$20 million tranche 1 of placement
The placement will allow the fast-tracking of feasibility work on a beneficiation plant for the Browns Range project as well as ramp-up resource expansion drilling aimed at increasing the life of mine.
Rare earths & specialist minerals
Northern Minerals final 2020 drilling results support resource growth potential at Browns Range
The company plans to follow-up the notable results in the second phase of drilling being planned in 2021 following the end of the wet season in the Kimberley region.
Rare earths & specialist minerals
Northern Minerals will raise A$20 million in oversubscribed private placement to sophisticated and institutional investors
Part of the funds will be used to carry out a feasibility study for a full-scale beneficiation plant at the Browns Range Project.
Rare earths & specialist minerals
Northern Minerals granted trading halt with capital raising news upcoming
The company plans to follow-up initial results in the second phase of drilling being planned at Browns Range following the end of the wet season in the Kimberley region.
Rare earths & specialist minerals
Northern Minerals accelerates pathway to commercial production and cashflow at Browns Range
The company plans to complete a feasibility study to determine the potential development of a standalone commercial-scale beneficiation plant to produce a saleable heavy rare earth xenotime concentrate product.
Rare earths & specialist minerals
Northern Minerals drill results at Browns Range indicate potential for mineral resource growth
Follow-up drilling in a second phase is being planned to begin at the end of the wet season.
Rare earths & specialist minerals
Northern Minerals buoyed by heavy rare earths outlook in ‘green’ COVID recovery
Heavy rare earth prices have risen sharply due to the combined impact of trade tensions, COVID-19 disruptions and changing government policies to support electric vehicles.
Rare earths & specialist minerals
Northern Minerals thanks founding director Adrian Griffin for contribution
Through the development of its flagship Browns Range Project, Northern Minerals aims to build the operation into a significant world producer of dysprosium outside of China.
Rare earths & specialist minerals
Northern Minerals appoints new non-executive director to board
Through the development of its flagship Browns Range Project, Northern Minerals aims to build the Western Australian operation into a significant world producer of dysprosium.
Rare earths & specialist minerals
Northern Minerals now debt-free after $8.7 million refund payment from ATO
The refundable R&D tax offset claim of $8.7 million comes after the company in August settled previously disputed tax offset claims with the ATO for the financial years ended June 30, 2017, 2018 and 2019.
Rare earths & specialist minerals
Northern Minerals focuses on increasing Browns Range mineral resource and life of mine in new drilling program
The company has committed $5 million to exploration activities during the 2020 – 2021 financial year, with more than 16,000 metres of drilling planned at the Browns Range Project.
Rare earths & specialist minerals
Northern Minerals begins drilling aimed at growing Browns Range resource
As part of its exploration program, the company plans to drill up to 16,500 metres across the tenements in total and has committed $5 million budget for the program.
Rare earths & specialist minerals
Northern Minerals well-placed as non-Chinese rare earths supply chain becomes critical
The Modern Manufacturing Initiative announced as part of the Federal Government’s $1.5 billion strategy to support Australian manufacturers specifically prioritises critical minerals processing and resources technology to leverage Australia
Rare earths & specialist minerals
Northern Minerals makes $8.7 million R&D tax offset claim for FY20
As a part of a settlement with the Australian Taxation Office, the company recently received an R&D refund of $9.9 million and has adopted recommendations to improve internal procedures to streamline future claims.
Rare earths & specialist minerals
Northern Minerals set for major Browns Range drill program with rigs expected on-site in mid-October
A total of more than 16,000 metres of drilling is planned in the program with multiple prospects, such as Dazzler, to be tested.
Rare earths & specialist minerals
Northern Minerals set to improve Browns Range economics with ore sorter
The company has earmarked $5.9 million for installing ore sorting equipment, which can double the feed grade and improve project efficiency and economics.
Rare earths & specialist minerals
Northern Minerals receives $1.3 million balance of R&D refund from ATO
As a part of the settlement with the Australian Taxation Office, the company has received a refund of $9,921,638 in two tranches.
Rare earths & specialist minerals
Northern Minerals strengthens financial position with ATO refund payment for R&D tax offset claims
With the settlement and payment of claims with the ATO being finalised, Northern Minerals is now in a strengthened position to move forward with the Pilot Plant testing at Browns Range.
Rare earths & specialist minerals
Northern Minerals on-track with R&D to ramp-up Browns Range Heavy Rare Earth Project restart
R&D test-work recommenced in August, with the partial restart of operations following a five-month disruption due to Commonwealth biosecurity measures in response to COVID-19.
Rare earths & specialist minerals
Northern Minerals converts Lind debt into equity; settles R&D tax dispute with ATO
A net refund of $9,921,638 is payable by the Australian Taxation Office (ATO) to the company on or about September 18 2020.
Rare earths & specialist minerals
Northern Minerals appoints Mark Tory to chief executive officer role
Acting executive chairman Colin McCavana will revert to his former role of non-executive chairman after a period care-taking the company's executive function.
Rare earths & specialist minerals
Northern Minerals reports substantial holding increase by Vastness Investment Group Limited
A further 100 million shares have been acquired for 2 cents per share.
Rare earths & specialist minerals
Northern Minerals gains new substantial holder in Yuzhen Ma
NTU has commenced planning and logistics to support the restart of operations at its Browns Range Heavy Rare Earths Pilot Plant Project in WA.
Rare earths & specialist minerals
Northern Minerals set to restart operations at heavy rare earths pilot plant following capital raise
Exploration activity across the Browns Range tenement package will also be ramped-up, with a budget of $4.5-$5 million.
Rare earths & specialist minerals
Northern Minerals repays half of debt owed to Sinosteel
The heavy rare earths developer's indicative debt position as at June 15, 2020, is around $19.2 million.
Rare earths & specialist minerals
Northern Minerals chairman assumes executive role after MD and CEO George Bauk resigns
The company’s Browns Range Project is set to become a significant world producer of dysprosium outside of China.
Rare earths & specialist minerals
Northern Minerals SPP raises A$9.98 million to advance Browns Range project
The company is the only producer of heavy rare earth element dysprosium outside of China through production from the Browns Range Heavy Rare Earth Project.
Rare earths & specialist minerals
Northern Minerals completes first tranche in $22 million placement
Funds raised will be used to repay convertible notes and continuing development of the company’s projects.
Northern Minerals launches share purchase plan to raise up to $5 million
Earlier this week, NTU entered into subscription agreements with various sophisticated investors to raise $22 million under a private placement of 1.1 billion shares.
Rare earths & specialist minerals
Rooster Talk - Critical REE aspects in the new world
Northern Minerals is well-placed to serve needs in the rare earth elements market with its Browns Range project.
Rare earths & specialist minerals
Northern Minerals to raise $22 million in placement to sophisticated investors
The balance of subscription shares will be used to raise funds in cash for the continued development of the company’s projects and operation of the business.
Rare earths & specialist minerals
Northern Minerals boosts Dazzler rare earths resource estimate more than 50%
The Dazzler deposit is now the second-largest resource at the Browns Range Project behind the Wolverine deposit.
Northern Minerals temporarily suspends Browns Range Pilot Plant due to COVID-19
Prior to this decision being made, the company transported a further 27 tonnes of heavy rare earth carbonate to Darwin for export and sale, with all material produced since commencement now sold or ready to be sold.
Rare earths & specialist minerals
Northern Minerals extends deadline for $20 million Baogang placement
The company aims to develop the Browns Range project into the first significant world producer of dysprosium outside of China.
Rare earths & specialist minerals
Northern Minerals Dazzler results represent higher than average TREO grades at Browns Range
Best results include 15 metres at 2.72% total rare earth oxides and 34 metres at 1.55% with a mineral resource update underway.
Rare earths & specialist minerals
Northern Minerals secures $2.5 million in funding via convertible note
The company is developing its flagship Browns Range Rare Earths Project in northern Western Australia.
Rare earths & specialist minerals
Northern Minerals welcomes reversal of decision on R&D tax claims
Managing director and CEO George Bauk: “We are pleased but not surprised by the AusIndustry review findings.”
Northern Minerals wants new pricing model for dysprosium to support demand from the US military
The company is focused on developing an efficient supply chain from mining through to production and development of dysprosium for the US military.
Rare earths & specialist minerals
Northern Minerals progresses $20 million placement to support Browns Range Heavy Rare Earths Project
The heavy rare earths producer aims to develop the Browns Range project into the first significant world producer of dysprosium outside of China.
Rare earths & specialist minerals
Northern Minerals progresses Browns Range Pilot Plant Project with full capacity rates expected next quarter
In January 2020 the company received a further $200,000 in subscription funds in relation to its $30 million placement announced on July 22, 2019.
Rare earths & specialist minerals
Northern Minerals receives further $200,000 in subscription funds as part of $30 million placement
Through the development of the flagship Browns Range Heavy Rate Earths Project the company aims to build the Western Australian operation into the first significant world producer of dysprosium outside of China.
Northern Minerals finds high-grade copper in sampling at John Galt project
The copper provides potential for commodity diversification for a heavy rare earths producer focused on electric vehicles and sustainable power generation.
Rare earths & specialist minerals
Northern Minerals secures another $800,000 as part of $30 million placement
The company has now raised about $25.5 million in funding with the balance expected by December 31.
Investments and investor services
Northern Minerals secures $24.7 million after gaining shareholder approval at AGM
NTU aims to build its Browns Range operation into the first significant world producer of dysprosium outside of China.
Rare earths & specialist minerals
Coffee with Samso: Northern Minerals - A new wave of energy for the rare earth companies
In this episode George Bauk from Northern Minerals discusses renewed interest in rare earths and the forces at play that are creating this interest.
Northern Minerals confirms positive results from initial stages of bench scale test work
Subject to approvals, Northern Minerals aims to have an ore sorter installed and commissioned by mid-2020 at the Browns Range Project in WA.
Rare earths & specialist minerals
Northern Minerals to focus 2020 exploration on high-grade Browns Range unconformity targets
Following recent success at Dazzler deposit, the company has today started a 4,000-metre reverse circulation program.
Northern Minerals intersects near-surface high-grade rare earths at Dazzler prospect
Further drilling at Browns Range Project is set to commence later this week, with exploration and resource definition drilling planned at several different deposits and targets.
Northern Minerals raises $23.1 million from share placement; closing date extended
Northern Minerals aims to build its Browns Range project in WA into the world’s first significant producer of dysprosium outside of China.
Northern Minerals flags timetable for Australian rare earths operation Browns Range
It hopes to move to full-scale production by mid-2020 as governments such as the US and China puzzle on where to source reliable rare earth supplies.
Northern Minerals continues to focus on strong balance sheet during FY20
The company made its first shipment of rare earths in December 2018, which was a major milestone for the company and the Browns Range Project in the northern Tanami region.
Northern Minerals eyes globally significant role for Browns Range project amid heightened interest in rare earth elements
Chinese dominance of production, US interest in securing supply and surging dysprosium prices provide the company with a rare opportunity to become the principal supplier of ethically produced rare earth metals.
Investments and investor services
Coffee with Samso - Northern Minerals and the rare earths industry
Northern Minerals aims to become the first significant producer of dysprosium outside of China.
Northern Minerals resumes infill and exploration drilling at Browns Range rare earths prospects
The drilling program will test new targets after recent drilling success at the Dazzler prospect returned the best-ever intercept at Browns Range.
Northern Minerals gives shareholders more time, $22.6 million secured
NTU aims to build its Browns Range operation into the first significant world producer of dysprosium outside of China.
Northern Minerals reveals best ever drill result from Browns Range Project
Infill drilling at the Dazzler Prospect returned high-grade results with one hole returning the best drilling intersection ever recorded at the Browns Range Project.
Northern Minerals signs agreement with thyssenkrupp for 100% of Browns Range rare earths pilot plant offtake
The companies have also formally shown intention to collaborate on implementing separating technologies.
The Rare Earth story - permanent magnets
Samso seeks to help clients with business development and public investor/relation needs. Samso has more than 30 years of experience in developing business ideas and concepts in the Australasian region.
Rare earths companies the subject of intense buying, as China’s threats to restrict global supply sink in
Economic brinkmanship between the US and China continues to distort markets
Northern Minerals rare earth results continue to Dazzle at Browns Range
The Dazzler deposit is less than 15 kilometres from the Brown Range Pilot Plant on the edge of a small scarp slope.
Northern Minerals maintains strong balance sheet, facilitates R&D loan repayment
A further $5 million has been received as part of the $20 million placement during March 2019.
Northern Minerals secures $3 million to advance heavy rare earth project
Last year, Northern Minerals became the only non-Chinese producer of dysprosium following the commissioning of its three-year pilot plant project.
Australian new energy companies hold global appeal: TLEM Conference lowdown
The two-day Technology and Low Emission Minerals Conference featured many of Australia’s emerging resource companies focused on sustainable operations and new energy minerals.
Technology and Low Emission Minerals Conference to showcase emerging Australian battery metals industry
The conference will be held at the Westin Hotel in Perth next Tuesday and Wednesday, November 13 and 14.
Northern Minerals’ produces first rare earth carbonate from Browns Range pilot plant
First ore has been processed through the beneficiation pilot plant as part of the commissioning process.
Northern Minerals uses injection of funds to fast track Browns Range pilot plant project
The company has been assisted by capital received from a share purchase plan .
Northern Minerals to boost cash kitty for Browns Range Project
Operational improvements along with funding package to assist Browns Range.
Northern Minerals' Browns Range project on track with scandium substitute the wildcard
Browns Range project on track as company focuses on buoyant dysprosium market.
Northern Minerals sees opportunity in China dysprosium supply disruption
The company aims to be the first significant producer of dysprosium outside of China
Northern Minerals secures $4.8M for aboriginal training program
The funding was awarded under a federal government program.
Northern Minerals bags $10M for heavy rare earth pilot plant
Aiming to be the first significant dysprosium producer outside China.
Northern Minerals Ltd secures Chinese investment for dysprosium project
Northern Minerals Ltd (ASX:NTU) will receive the remaining $18 million of the $30 million equity investment from Huatai Mining by December 2016, to fund its Browns Range Project.
Northern Minerals gets approval for $30M investment
Northern Minerals Ltd (ASX:NTU) has received clearance from the Federal Investment Review Board (FIRB) for a $30 million equity investment by Huatai Mining.