
St George Mining is a pre-revenue critical-minerals explorer advancing its 100%-owned Araxá rare earths-niobium project in Brazil. Resource growth, funding, studies and potential partnerships offer upside, while dilution, execution and commodity-price risks remain material
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ILuka Resources (ASX: ILU) advances its Eneabba rare earth refinery and Balranald ramp‑up, positioning as Australia’s critical minerals leader with strong government backing and margin resilience through 2026

Power Minerals is drawing attention after strong Morro do Ferro rare-earth drilling, rising trading activity and a breakout above long-held resistance, while further assays and a maiden resource estimate remain key upcoming catalysts.
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Meteoric Resources (ASX: MEI) delivers a robust DFS for its Caldeira Rare Earth Project, confirming Tier‑1 scale, low‑cost production, and strategic positioning in global rare‑earth supply chains.

YanCoal Australia (YAL) remains one of the most cash-generative coal producers on the ASX, offering investors a high-yield, low-debt exposure to thermal and metallurgical coal markets.

Yancoal Australia is largely a pure play on global coal prices, with profits rising and falling almost directly with commodity cycles. The company has dramatically strengthened its balance sheet, eliminating over $3bn of debt and building more than $2bn in cash, giving it one of the most conservative capital structures among coal producers. Even after coal prices normalised, low operating costs allow the business to remain profitable with solid cash flow and sustainable production levels.
mining