- CEO
- Ariel Edward King
- Full Time Employees
- 1
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 41 Colin Street West Perth WA Australia 6005
- IPO Date
- Jan 4, 2005
- Business
- Ragnar Metals Limited is an Australia-based mineral resource exploration and development company engaged primarily in the exploration and evaluation of district-scale gold, nickel, copper, lithium, rare earth elements (REE), uranium, and base metals projects in Scandinavia (Sweden) and Western Australia. The company's core projects include the Orrvik Lithium Project, Halleberget and Bergom Lithium Projects, Olserum North and Gruvhagen REE Projects, Tullsta Nickel Project, Leeds Project, and the A1 Nova Gold Mine. Its exploration portfolio spans lithium pegmatites, nickel-copper deposits, and rare earth element prospects. Ragnar Metals also holds strategic investments, such as a 16.4% shareholding in ASX-listed Kaiser Reef Limited, which produces gold at the A1 Gold Mine, from which Ragnar receives a 1.5% net smelter return royalty.
In recent major developments over the last 1-2 years, Ragnar Metals has advanced exploration work in its Swedish projects, including significant fieldwork at Orrvik detecting high-grade spodumene-bearing pegmatites and expanding lithium potential, as well as new uranium interests at Viken East and South. The company completed a binding agreement to acquire an initial 20% stake in Harnäs GoldMine AB with earn-in rights for up to 75% ownership through staged investments. Additionally, it secured a strategic 13.4% stake in High-Tech Metals Limited and strengthened its position in Kaiser Reef, which secured additional funding to accelerate gold production. Ragnar has also obtained environmental permits in Sweden allowing off-road exploration activities at the Tullsta nickel project. The company reported a cash balance of approximately AUD 3.2 million as of early 2025, positioning it to pursue further acquisitions and exploration opportunities.
Founded in 2017 and headquartered in Australia, Ragnar Metals operates through two main segments—mineral exploration in Western Australia and Scandinavia—with a strong focus on advanced exploration technologies. Through its diversified portfolio and strategic investments, the company targets high-growth metal markets such as lithium for batteries, nickel and copper for industrial use, gold for production assets, and rare earths for critical technology metals. Ragnar Metals continues to leverage partnerships and acquisitions to enhance its mineral asset base while pursuing operational advancements at its key project sites and through royalty income from producing assets.