June 2026 Quarterly Activities Report

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Stock Northern Minerals Ltd (NTU.ASX)
Release Time 31 Jul 2026, 11:26 a.m.
Price Sensitive Yes
 Northern Minerals June 2026 Quarterly Activities Report
Key Points
  • Approval of a Section 45C amendment to Ministerial Statement 986, expanding the approved development envelope for the Browns Range Heavy Rare Earths Project in Western Australia.
  • Revised Conservation Significant Fauna Management Plan approved by DWER, reducing compliance burden and improving operational flexibility.
  • Ongoing engagement with Traditional Owners, regulators and stakeholders supporting project development and future approvals.
Full Summary

Northern Minerals Limited, an Australian heavy rare earths-focused company, reported its June 2026 Quarterly Activities Report, highlighting significant progress in advancing its Browns Range Heavy Rare Earths Project. The company secured approvals, improved operational flexibility, and maintained strong engagement with Traditional Owners and regulators. Key achievements include the approval of a Section 45C amendment to Ministerial Statement 986, expanding the approved development envelope and permitting an alternative access route towards the Northern Territory border. Additionally, the revised Conservation Significant Fauna Management Plan was approved by DWER, reducing environmental compliance costs and improving operational efficiency. Northern Minerals continued to engage with stakeholders, including Traditional Owners, to support the project's development and future approvals. The company is targeting a Final Investment Decision by Q3 CY2026, with first concentrate production targeted for Q4 CY2028 / Q1 CY2029.

Guidance

Targeting a Final Investment Decision by Q3 CY2026, with first concentrate production targeted for Q4 CY2028 / Q1 CY2029.

Outlook

Northern Minerals is optimistic about the strategic environment for heavy rare earths, with governments and industry investing significant capital to establish secure, non-China supply chains for critical materials.