Everest Metals has reported successful metallurgical bench testing at Mt Edon, achieving 80-90% rubidium recovery using its Direct Rubidium Extraction process. The company is now advancing toward pilot-plant development and refining its purification techniques to improve process efficiency.
Everest Metals Corporation has reported significant progress in metallurgical testwork for rubidium extraction and purification at its Mt Edon Critical Mineral Project in Western Australia. Key results include up to 90% rubidium recovery through batch roasting and water leaching, a 60% reduction in water use, and successful purification reducing the potassium-to-rubidium ratio to 1.5-2:1. The company is now advancing towards pilot plant development, having validated its in-house purification reagent manufacturing.
WIN Metals Ltd reported successful initial bench-scale metallurgical testwork on its Faraday Critical Minerals Project, achieving high rubidium extraction rates of 93.8% to 96.7% via a chloride salt roast leach process. The company highlighted rubidium as a highly valuable critical mineral with potential to become a primary value driver, noting that its hosting in potassium feldspar could lead to a simpler purification flowsheet. Further work is planned to optimize the flowsheet and develop a maiden rubidium mineral resource estimate.
Morella Corporation Limited announced a maiden Inferred Mineral Resource for its Mt Edon project, totaling 5.44 Mt at 0.16% Rb₂O for 8,300 tonnes of contained Rb₂O, prepared under JORC 2012. This initial resource establishes a baseline for the project, with further growth opportunities identified. Additionally, Phase 2 metallurgical testwork demonstrated a peak rubidium extraction of 93.6% into solution, supporting future process development.
Morella Corporation Limited announced high-grade rubidium and lithium rock chip results from its Mac Well Project in the Pilbara region of Western Australia. The sampling identified widespread rubidium mineralization, with a peak result of 0.78% Rb₂O and 0.71% Li₂O, and defined multiple anomalies for follow-up exploration. These early-stage results support further mapping and sampling ahead of a maiden drilling program.
Morella Corporation Limited's full-year statutory accounts for 2026 report a net loss of $6.23 million, with a focus on mineral exploration. Subsequent to the financial year, the company announced a maiden Inferred Mineral Resource Estimate for its Mt Edon Critical Minerals Project in Western Australia. The estimate comprises 5.44 million tonnes at 0.16% Rb₂O and 0.07% Li₂O, providing a foundation for further technical evaluation.
Morella Corporation Limited announced positive drill results from its Mt Edon Rubidium-Lithium Project in Western Australia, confirming broad and continuous rubidium mineralisation with high-grade zones. The company has completed assay reporting and commenced its maiden Rubidium Mineral Resource Estimate. Additionally, a A$2.1 million capital raise was finalized, strengthening the balance sheet, while legal proceedings and a short funding runway remain ongoing concerns.
Morella Corporation Limited announced final assay results from its 2026 RC drilling program at the Mt Edon Project in Western Australia, confirming broad and high-grade rubidium mineralisation at the Sophie Prospect. The program included resource definition and extension drilling, with results up to 0.95% Rb2O, strengthening confidence in the project's scale and continuity. All data is now available for the preparation of a maiden JORC Mineral Resource Estimate, which will provide the first quantitative assessment of the rubidium system.
Morella Corporation announced initial drill results from its Mt Edon Project in Western Australia, confirming broad rubidium mineralisation with high-grade intercepts up to 0.51% Rb2O and associated lithium credits. These results, which include significant widths such as 54m @ 0.17% Rb2O, will be incorporated into a maiden JORC Mineral Resource Estimate currently in progress. The drilling has improved the understanding of the Sophie pegmatite's continuity and extent, with further assay results pending.
Phenom Resources has reported consistent rare earth and critical metal grades at its Crescent Valley property in Nevada, highlighted by a 102m intercept in hole CVN26-07. The deposit is characterized as an IOCG-type with significant potential for rubidium, hafnium, scandium, and neodymium. The company also noted ongoing gold opportunities in a nearby epithermal target.
