Northern Minerals Limited
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Shane Anthony Hartwig
- Full Time Employees
- 36
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 34 Colin Street West Perth WA Australia 6005
- IPO Date
- Aug 3, 2012
- Website
- northernminerals.com.au
- Similar Companies
- Business
- Northern Minerals Limited (ASX:NTU; OTC:NOURF) is a mineral exploration and development company focused on heavy rare earth elements, primarily dysprosium and terbium, which are critical for high-performance permanent magnets in electric vehicles, wind turbines, defense applications and clean energy technologies; its core assets include the 100% owned Browns Range Heavy Rare Earths Project in Western Australia's East Kimberley region featuring the high-grade Wolverine deposit, the highest known dysprosium and terbium ore body in Australia, alongside the John Galt Project in the East Kimberley, Boulder Ridge prospect, Coomarie Dome, Gardiner Tanami and Rabbit Flats exploration areas straddling Western Australia and the Northern Territory. The company, founded in 2006 and headquartered in West Perth, Western Australia, targets non-Chinese supply of these vital elements through mining, beneficiation and concentrate production at Browns Range for delivery to facilities such as Iluka Resources' Eneabba refinery. Recent developments encompass a A$43 million equity placement in September 2024 to institutional investors for advancing the Browns Range definitive feasibility study targeting completion in Q1 2025 and final investment decision mid-2025, alongside an updated mineral resource estimate reflecting a 13% increase in tonnes to 7.3 million tonnes at 0.96% total rare earth oxides; in September 2025, it secured a new mining lease M80/650 replacing the prior tenure following native title approval, outlined a A$592 million development plan with potential net present value up to A$705 million under optimistic pricing, and benefited from US$2.2 billion in preliminary Export-Import Bank support letters for Australian rare earth projects including Browns Range.
Nisa Investment Advisors LLC Trims Stock Holdings in Northern Oil and Gas, Inc. $NOG
Northern Oil and Gas (NOG) to Release Quarterly Earnings on Thursday
Shares of Australian rare earth companies surge on $8.5 billion U.S. critical minerals deal
Northern Oil and Gas: Stronger Positioning, But Commodity Prices Could Drag
Northern Minerals cyberhacking, share sale order unrelated, chairman says
Australia's Northern Minerals says some company data leaked
Northern Minerals begins strategic business review following appointment of new chair
Northern Minerals enhances board with appointment of non-executive director
Northern Minerals boosts finances with A$4.3 million R&D tax rebate
Northern Minerals new chair a regional and rare earths industry expert
Northern Minerals makes strong progress in advancing Browns Range
Northern Minerals tests sorting system on its largest orebody with positive results
Northern Minerals discovers new yttrium targets at Browns Range
Northern Minerals begins second phase drilling at Browns Range
Northern Minerals commissions ore sorter at Browns Range, ready for next R&D test phase
Northern Minerals to start Browns Range second phase drilling in early June
Northern Minerals expands exploration team as it looks to increase resource inventory
Northern Minerals surpasses production milestone with 210,000 kilograms of heavy rare earth carbonate from Browns Range
Northern Minerals completes A$20 million tranche 1 of placement
Northern Minerals final 2020 drilling results support resource growth potential at Browns Range