Northern Minerals

Northern Minerals presented Browns Range at the Noosa Mining Conference 2026 as a construction-ready project to supply dysprosium, terbium and yttrium, seeing it as a gap in the western magnet supply chain. The showcased divergence scenario shows a capex of AUD 592m, an NPV of AUD 705m and a pre-tax IRR of 21%; first production is planned for late 2028 to early 2029. The project is linked to the Iluka-supported Eneabba refinery and has binding offtake agreements, but completing project financing remains critical. Northern Minerals highlights large resources (732 Mt) with comparatively small reserves (5.2 Mt) and cites securing financing as the main constraint on the timetable. » More on de.investing.com

The Australian government has asked six major shareholders of Northern Minerals to sell their 17.6 percent stake within two weeks because they have ties to China. The Browns Range project, with rich dysprosium and terbium deposits, is considered a key project in the strategic rare-earths initiative with the US and has loan commitments from the US Export-Import Bank and Export Finance Australia. Canberra justifies the move on security grounds and over concerns that China could exert influence on the production of critical minerals. » More on faz.net

The Australian government ordered the sale of shares held by several shareholders with links to China, Hong Kong and the British Virgin Islands in Northern Minerals to limit foreign interference in the rare earths sector. Treasurer Jim Chalmers justified the measure as protecting national interests and maintaining a robust, non-discriminatory investment framework. Northern Minerals produces dysprosium at Browns Range and positions itself as an alternative to the heavily China-dominated production; Australia had already taken similar steps against Chinese investors in 2024. » More on manager-magazin.de

The board of directors of Northern Minerals & Exploration has adopted amended and restated bylaws, effective immediately, that allow shareholders who together hold at least 25% of the issued voting shares to call an extraordinary general meeting. The new rule includes specific timing and procedural provisions; all other material provisions of the prior bylaws remain unchanged. The bylaws were adopted on January 9, 2026 and filed as an exhibit to the Form 8‑K with the SEC; the company is traded on the OTC Pink Market under the ticker NMEX. » More on de.investing.com

Northern Minerals says secretive Chinese investors may be retaining control of a large share parcel despite orders to sell, prompting the company to request a postponement of its annual meeting. The row risks undermining a potential $250 million Export-Import Bank loan from the US to develop the Browns Range rare earth deposit rich in dysprosium and terbium. Australian authorities, including the Treasurer, have previously intervened under foreign investment rules and are now being engaged to ensure transparency around funding and ownership. » More on forbes.com