Auxico Resources Canada Inc.
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- Auxico Resources Canada Inc. is a mineral exploration and development company founded in 2014 and headquartered in Montreal, Quebec, Canada. The company specializes in the sourcing, production, and sale of critical minerals and rare earth elements (REE), including silver and gold properties primarily in Mexico, Colombia, and Bolivia. Its core business activities include exploration and development of mineral resources; extraction and refining of critical minerals; and developing proprietary metallurgical processes such as Ultrasound Assisted Extraction (UAEx) to improve sustainable and efficient extraction and refining of rare earth elements like neodymium, praseodymium, terbium, and dysprosium used in permanent magnets and battery technologies. Auxico also partners strategically in processing and refining projects to strengthen the North American critical minerals supply chain. Recent major developments include the sale of its wholly owned Mexican subsidiary, Auxico Resources S.A., to Concordia Silver Company, aligning with a strategic focus on advancing critical mineral projects in Colombia and Bolivia. Auxico announced a partial revocation order by Canadian regulatory authorities and arranged convertible debenture financing to strengthen its capital position. The company also secured a final International Chamber of Commerce arbitration award of USD 2.2 million related to a dispute with JBNX in Brazil. Auxico converted USD 1 million into shares of Central America Nickel Inc., a joint venture partner, and has expanded its project portfolio with innovative extraction technology and exploration results from its Minastyc property in Colombia. These efforts reflect Auxico’s strategic shift towards becoming a major supplier of battery-grade high-purity rare earth products to support the clean energy transition and North American supply chain security. Auxico’s operations span Canada, Mexico, Colombia, Bolivia, and partnerships in rare earth supply from Africa. Auxico Resources Canada operates within the mining and critical minerals sector, focusing on upstream mineral exploration and downstream processing and refining. Its target customers and markets include technology, automotive, and clean energy sectors reliant on critical minerals for electric vehicle magnets, batteries, and other advanced materials. The company advances its mission through technology-driven sustainable extraction and refining methods, positioning itself as a key player in the global critical minerals market. This description comprehensively reflects Auxico Resources Canada Inc.’s main products and services, geographic footprint, and recent strategic and operational changes as of late 2025.
Auxico Resources sees rich deposits of rare earth elements in Colombian project
Auxico Resources unveils promising rare earth discoveries at Minastyc
Auxico Resources sees significant investment from Central America Nickel with conversion of debentures
Auxico Resources signs exclusive operating agreement for Minastyc critical minerals project
Auxico Resources CEO sheds further light on new Bolivian assets
Auxico Resources inks MOU to acquire 85% of Bolivia's Minera El Benton SRL
Auxico Resources Canada announces strategic investment by JV partner Central America Nickel
Canadian Securities Exchange sees more high-quality new listings in May
Auxico wins approval for environmental license for small scale open pit mining at its Minastyc project in Colombia
Auxico Resources Canada appoints Pierre Gauthier as its new CEO
Auxico Resources tests light and heavy rare earth elements 'ideally suited' for EV batteries
Auxico Resources reaches key milestone with environmental permit for Minastyc project in Colombia
Auxico Resources reports uplisting to OTCQB, DTC eligibility approval, and EITI membership
Auxico Resources ends year to September 30, 2022 with cash of $2.12M