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Red Metal Limited

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Red Metal has raised a further $6 million from a heavily oversubscribed share purchase plan to enable work programs at its Sybella rare earths project in Queensland.

Punters pile into Red Metal in oversubscribed share plan

Red Metal has been knocked over by punters in the rush for shares after its latest share purchase plan raised $6 million against a $2 million target.

  • Craig Nolan

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Red Metal is kicking off three separate drilling programs in north-west Queensland within the next month.

Red Metal gears up for three Queensland drilling programs

Red Metal is gearing up for an intense period of drilling across north-west Queensland, with campaigns kicking off at three projects in the coming month.

  • Andrew Todd
Red Metal’s recent drilling has confirmed two huge parallel zones of magnet rare earth oxides at its Sybella project near Mt Isa in Queensland.

Red Metal confirms huge magnet rare earths zones near Mt Isa

Red Metal’s latest drill program has confirmed two huge, parallel magnet rare earths zones at its Sybella project that sits 20km from Mount Isa in Queensland.

  • Craig Nolan
Red Metal’s maiden mixed rare earths carbonate product following its innovative impurity removal trials.

Red Metal trial delivers “saleable” Queensland rare earths

Red Metal has produced what it says could be a premium saleable rare earths product after an impurity removal trial using ore from its Sybella play near Mt Isa.

  • Andrew Todd
Red Metal has conducted bottle-roll tests on ore from its Sybella rare earths project in Queensland.

Green light for Red Metal in Sybella rare earths testing

Red Metal’s metallurgical testwork has given a green light to the rare earths at its Sybella play near Mt Isa, boosting hopes for a potential mining operation.

  • Craig Nolan
Column leach testing at Red Metal’s Sybella rare earths discovery.

Red Metal unveils enhanced metallurgy for QLD rare earths

Red Metal has delivered a boost to its Sybella rare earths discovery, outlining the potential for a low-cost and low-capital heap leach processing operation.

  • Bart Bogacz
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Red Metal is drilling at its Sybella project in Mt Isa in a bid to stretch its rare earths discovery.

Red Metal looks to stretch Queensland rare earths plot

Aspiring rare earths developer Red Metal wants to stretch its “world-first” Sybella discovery in Mt Isa with a new drill program outside known mineralisation.

  • Craig Nolan
A sample of crushed core from Red Metal’s Sybella rare earths project near Mt Isa in North Queensland.

ANSTO ratifies Sybella rare earths testing for Red Metal

Tests conducted by rare earths metallurgical specialists ANSTO Minerals have validated Red Metal’s breakthrough leach results from its new Sybella discovery.

  • Craig Nolan
Red Metal’s diamond drill core shows three weathering styles.

Red Metal hails rare earths proof-of-concept breakthrough

A new style of rare earths for the EV market – it’s not clay and it’s not hard rock, so what is it?

  • Doug Bright

Original URL: https://www.theage.com.au/topic/rdm-1ak