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By Barry FitzGerald  Plus, Beament’s Develop tables more cracking hits from its Woodlawn zinc-copper asset ahead of a resource update and Meteoric gets pulses racing with latest rare earths results. 

By Tim Treadgold   Andrew Forrest returned to centre-stage this week with a starring performance that rescued the share price of his Fortescue mining group, but it wasn’t the only big event as annual results poured in and prices moved higher, with a few notable exceptions.

While still busy with field work at its Mavis Lake lithium project in Canada, Critical Resources (ASX: CRR) is now looking further ahead by appointing experts in mine development (reports Small Caps).

Bulk floatation test work by RareX (ASX: REE) has shown consistent performance for the production  of a phosphate mineral concentrate from the company’s Cummins Range project in Western Australia (reports Small Caps).

Red 5 has made almost $423 million in revenue during the first full year of production at the King of the Hills gold mine near Leonora (reports The West Australian).

Tim Goyder, Chalice Mining’s largest shareholder, says a slump in the critical minerals explorer’s share price is an overreaction by a market that wants “a bed of roses” and needs to “get real” about long-term value (reports The Australian Financial Review).

Green metals from Chalice Mining’s flagship Gonneville deposit at its Julimar discovery could inject around $18 billion into the WA economy over almost two decades (reports The West Australian).

Increasing supply challenges and ‘exponential lift’ in demand means copper price take-off must be close.  And RareX eyes DSO fertiliser to help it grow into a rare earths player.

By Barry FitzGerald.

Hints of a pause in the U.S. interest rate rising cycle buoyed investment markets towards the end of the week as bankers gathered in the Wyoming ski resort of Jackson Hole to hear the latest plans of Federal Reserve chairman, Jay Powell.

By Tim Treadgold.

A simple, low-cost direct shipping ore (DSO) phosphate project would cornerstone the expansion Cummins Range into a long-term, high-value, and low-risk rare earths operation in WA’s Kimberley.

Reports Stockhead.

Abyssinian Metals directors will continue fighting to keep control of the lithium hopeful despite surrendering in an attack on their performance shares (reports The West Australian).

Kingsland Minerals (ASX:KNG) is continuing to prove up the scale of its promising Leliyn discovery in the Northern Territory ahead of a maiden resource (reports Stockhead).

Lithium exploration and project development company Critical Resources (ASX: CRR) has confirmed that a follow-up drilling program around a recent breakthrough intercept has continued to validate and expand the Swell Zone at the Mavis Lake lithium project in Canada (reports Small Caps).

Tim Goyder-chaired DevEx has received a strong hint about the potential scale and quality of its Kennedy ionic clay-hosted rare earths discovery in Queensland (reports Stockhead).

Stock pickers and predators eyeing off rising stars like Gascoyne and Bellevue could emerge as winners from this week’s dip. Plus, DevEx offers uranium leverage with strong results and Quebec lithium explorers set for shot in the arm from new battery plant.

By Barry FitzGerald

A blast of corporate action in Australia’s red hot lithium sector saved local investors this week from the full effects of a global sell-off sparked by a double whammy of property and banking crises in China and the threat of another round of U.S. interest rate increases.

By Tim Treadgold

Uranium play DevEx Resources will expand ongoing drilling around its historical Nabarlek uranium mine in the NT after reporting significant new results including grades of up to 1.68% eU3O8 along a main uranium-bearing fault zone.

Repots Stockhead

92 Energy (ASX: 92E) has commenced a critical follow-up of its Gemini uranium discovery with a new drilling program underway at its 100% owned project in the rich Athabasca Basin of Canada (reports Small Caps).

Just over a year after acquiring the game-changing asset, Cygnus Metals (ASX: CY5) has released an impressive maiden inferred mineral resource estimate of 10.1 million tonnes at 1.04% lithium oxide (Li2O) for its Pontax project in James Bay, Canada (reports Small Caps).

There’s plenty of cash flying around for lithium explorers right now, and another has gone out to the market aiming to ratchet up the scale of its operations in Canada’s hot James Bay lithium district (reports Stockhead).