Northern Minerals (ASX: NTU) — Company Overview, News & Financial Data
Northern Minerals focuses on heavy rare earth elements, with significant landholdings and projects in Western Australia and Northern Territory.
Northern Minerals
Northern Minerals is a mineral exploration and development company headquartered in Perth, Western Australia. Established in 2006, the company focuses on the development of heavy rare earth element deposits, particularly dysprosium and terbium. Its flagship asset is the 100% owned Browns Range Heavy Rare Earths Project located in the East Kimberley region of Western Australia. Dysprosium and terbium are critical raw materials used in high-performance permanent magnets for electric vehicles, wind turbines, and industrial technology applications. In addition to its primary project, the company holds several exploration licenses across Western Australia and the Northern Territory targeting heavy rare earths, uranium, and copper.
Snapshot
Operations
Products and/or services of Northern Minerals
- Heavy Rare Earths Development: Heavy rare earth element development focused on dysprosium and terbium extraction from hard-rock xenotime deposits in the Kimberley region, featuring high-grade ore deposits aimed at supplying critical raw materials for permanent magnets.
- Regional Rare Earths Exploration: Mineral exploration for dysprosium and terbium across extensive tenement holdings in northern Western Australia and the contiguous border area, evaluating peripheral structural targets and satellite xenotime mineralization to expand local mineral resources.
- Dome Structural Prospecting: Exploration operations focused on a major geological dome feature straddling the Western Australia and Northern Territory border, targeting prospective unconformity and vein-hosted rare earth element mineralized zones to expand the regional heavy rare earths resource base.
- Uranium and Rare Earths Targets: Geologic exploration targeting uranium and heavy rare earth element deposits associated with unconformity structures between Paleoproterozoic metasedimentary formations and underlying older basement rock units in the Tanami regional exploration area.
- Gold and Precious Metals Prospecting: Tenement exploration in the Tanami region targeting gold mineralization alongside potential heavy rare earth occurrences, evaluating regional soil geochemistry, structural lineaments, geophysical anomalies, and historical exploration drilling results.
- Base Metals Exploration: Copper exploration activities situated in the East Kimberley district, assessing structural quartz-vein hosted mineralized zones and regional fault systems prospective for high-grade copper deposits across northern Australian mineral leases.
Northern Minerals executive team
- Adam HandleyExecutive Chairman
- Shane Anthony HartwigMD, CEO & Director
- David CollinsChief Financial Officer
- Angela GloverChief Operating Officer
- Hayley PattonHead of People & Culture
- Dale RichardsHead of Technical Services
- Gareth FlemingProject Director
- Kurt WarburtonExploration Manager
- Belinda PearceFinancial Controller
- Lucy RoweJoint Company Secretary