ACDC Metals Limited (ASX:ADC) is an integrated mineral exploration and rare earth technology company focused on the exploration and resource development of heavy mineral sands projects and proprietary rare earth element processing technology in the Murray Basin of Victoria, Australia. Founded in 2021 and headquartered at Level 6, 111 Collins Street, Melbourne, the company holds interests including an 80% stake in the flagship Goschen Central project (EL5278), 100% ownership of the Watchem project (EL7642 and EL7932), 80% interest in the Watchem North project, and interests in the Douglas project (EL7544 and EL7545), spanning over 2,500 square kilometers prospective for heavy minerals such as zircon, leucoxene, rutile, monazite, and xenotime, as well as rare earth elements including neodymium and praseodymium. It develops downstream processing technology licensed exclusively in Victoria, South Australia, Northern Territory, and New South Wales from Medallion Resources Ltd to extract rare earth elements from monazite mineral sands for production of mixed rare earth oxide at a planned rare earth processing plant.
The company targets production of heavy mineral sands products including zircon, rutile, and leucoxene concentrates; monazite for rare earth extraction; and critical magnet metals such as neodymium-praseodymium oxides, serving global demand in the energy transition, electric vehicles, and renewable technologies.
In recent developments, ACDC Metals delivered a significant upgrade to its maiden mineral resource estimate at Goschen Central in December 2024, confirming high-grade heavy mineral sands and rare earth elements; released new mineralogy results from the project in October 2025 highlighting valuable REE assemblages; commenced scoping studies and permitting pathways for the Goschen Central project and rare earth processing plant; advanced maiden JORC resource estimation with engagement of Snowden Optiro; and completed extensive drilling programs including 12,500 meters across Goschen Central, Watchem, and Douglas in prior periods, with ongoing activities reported in its September 2025 quarterly report.