Victory Metals takes its North Stanmore heavy rare earth project to DIBX 2026, targeting U.S. defense supply chains with a 47 Mt reserve and A$1.21B NPV.
Company Profile
Victory Metals
Overview
About Victory Metals
Victory Metals Limited (ASX: VTM; OTC: VTYMF) is an Australian rare earths exploration and development company headquartered in Perth, Western Australia. Its flagship North Stanmore Project, located near Cue in the Murchison region of Western Australia, is described as Australia’s largest and most advanced clay-hosted heavy rare earth element (HREE) deposit, with a JORC resource of about 321 million tonnes supporting a 60-year-plus mine life. North Stanmore is enriched in high-value heavy rare earths including dysprosium, terbium and yttrium, plus scandium, hafnium and gallium, with HREO/TREO ratios averaging 39%. In 2025 the company reported metallurgical breakthroughs achieving over 70% recovery of dysprosium, terbium and yttrium via conventional processing, and launched a pilot plant. Victory positions itself as a Western-aligned source of all seven rare earth elements subject to Chinese export restrictions.
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Recent Articles
REXC ETF review: mining-heavy ex-China rare earth fund lacks true supply-chain focus, blending real operators with speculative developers.
Curtin University partners with Victory Metals on clay-hosted heavy rare earths pilot plant to advance Australia's North Stanmore HREE Project.
How Eckert & Ziegler secures yttrium-90 radiopharmaceuticals amid China's rare earth crisis, keeping cancer therapies flowing globally.
Yttrium shortage in 2026: How China's export controls created a critical mineral crisis affecting semiconductors, defense, and clean energy supply chains.
2025 marked the shift from aspiration to action in building ex-China rare earth supply chains—mines secured funding, refineries broke ground, magnets shipped.
China controls 90%+ of global yttrium supply at 10-15K tonnes/year. Victory Metals' North Stanmore could become a major Western alternative source.
China's rare earth export controls spark Western supply chain push, but Australian projects face financing & refining hurdles despite geopolitical hype.
Explore how global powers are reshaping the critical minerals supply chain, breaking China's dominance through strategic partnerships and innovative financing.
Victory Metals signs non-binding LOI with Sumitomo Corporation for strategic rare earth cooperation, targeting 30% of annual MREC production by 2027.
China NdPr oxide prices surge to $88/kg, signaling major policy shifts as US and Australia explore price support mechanisms to decouple from Chinese dominance.
Victory Metals achieves 94% TREO in breakthrough for Australian clay-hosted rare earth project, signaling potential advancement in ethical supply chains.
Australia launches A$1.2B strategic minerals reserve to challenge China's market dominance and secure critical mineral supply chains by 2026.
Victory Metals raises $4M to accelerate North Stanmore Project, targeting Australia's largest clay-hosted heavy rare earth element deposit with strategic miner…
Victory Metals secures EXIM Bank interest for North Stanmore rare earths project, signaling potential breakthrough in critical mineral supply chains.
Geopolitical tensions and strategic investments are reshaping global rare earth supply chains, with the US and Australia challenging China's market dominance.
