Astron Corp. provided an update on its joint venture with Energy Fuels Resources (USA) for the Donald Rare Earths and Mineral Sands Project in Victoria, Australia.

The partnership focuses on tapping into globally significant critical mineral resources in the Wimmera region.

Energy Fuels' recent positive progress in due diligence, covering financial, geological, and environmental aspects, paves the way for continued development.

With over 2.6 billion tonnes of resources, the Donald Project aims to be a major supplier of critical rare earth elements. Ongoing negotiations extend exclusivity until March 31.