Northern Minerals Limited

NTU

AU000000NTU4

Diversified Mining

Market Closed - Australian S.E. Other stock markets 02:10:19 2026-05-11 am EDT			5-day change	1st Jan Change
0.0240 ^AUD	0.00%		-4.00%	-20.00%

Apr. 12	Export Finance Australia, US Export-Import Bank Issue Letters of Up to $500 Million Each for Ardea's Western Australia Nickel Project	MT
Mar. 31	Northern Minerals says Australia blocks Hong Kong investor from voting, selling most of stake	RE

Northern Minerals Limited - Federal Government Court Action regarding Foreign Investment Review Framework

Published on 06/27/2025 at 08:09 am EDT

Acquiremedia

NORTHERN MINERALS LIMITED

0.00%

ILUKA RESOURCES LIMITED

+2.27%

Australian heavy rare earths-focused company Northern Minerals Limited (ASX: NTU) (Northern Minerals or Company) notes a media release dated 26th June 2025 by the Hon Jim Chalmers MP Treasurer outlining action taken by the Treasurer in the Federal Court of Australia against Indian Ocean International Shipping and Service Company Ltd and its former associate for not complying with Australia's foreign investment law.

This action relates to Foreign Acquisitions and Takeovers (Disposal of Interests in Northern Minerals Limited) Orders 2024 (Orders), which were published on the Federal Register of Legislation on 3 June 2024. These Orders directed five foreign investors, including Indian Ocean, to dispose of shares in Northern Minerals Limited (Northern Minerals) to persons who were not their associates, by 2 September 2024.

The Company notes it is not a party to these proceedings and considers this a matter between the Treasurer and Indian Ocean. The Company will keep the market updated with any further information on this matter. A link to the media release is included below:

Contact:

Shane Hartwig

Tel: +61 (0)8 9481 2344

Email: Info@northernminerals.com.au

Peter Klinger

Tel: +61 (0)411 251 540

Email: pklinger@purple.au

About Northern Minerals

Northern Minerals Limited (ASX: NTU) (Northern Minerals or the Company) owns 100% of the Browns Range Heavy Rare Earths Project in the East Kimberley region of Western Australia (the Project). The Project's deposits are uniquely rich in the heavy rare earth elements dysprosium (Dy) and terbium (Tb). Dysprosium and terbium are critical in the production of dysprosium neodymium iron-boron (DyNdFeB) magnets used in clean energy, military, and high technology solutions. Dysprosium and terbium are prized because their unique properties improve the durability of magnets by increasing their resistance to demagnetisation. The Project's flagship deposit is Wolverine, which is thought to be the highest-grade dysprosium and terbium ore body in Australia. The Company is preparing to bring Wolverine into production with the objective of providing a reliable alternative source of dysprosium and terbium to production sourced from China. Northern Minerals is completing a definitive feasibility study for a commercial-scale operation focused on mining and beneficiating ore from the Wolverine deposit, for delivery to Iluka Resources' (ASX: ILU) under-construction rare earths refinery at Eneabba, also in Western Australia. In addition to Wolverine, Northern Minerals has several additional deposits and prospects within the Project that contain dysprosium and other heavy rare earth elements, hosted in xenotime mineralisation.

Stocks mentioned in the article

	Add to a list 0 selected To use this feature you must be a member Log in Sign up	Approximate price	Change	5d. change	Capi.
	NORTHERN MINERALS LIMITED	0.0240AUD	0.00%	-4.00%	166M
	ILUKA RESOURCES LIMITED	8.550AUD	+2.27%	+2.27%	2.61B

Latest news about Northern Minerals Limited

Apr. 12	Export Finance Australia, US Export-Import Bank Issue Letters of Up to $500 Million Each for Ardea's Western Australia Nickel Project	MT
Mar. 31	Northern Minerals says Australia blocks Hong Kong investor from voting, selling most of stake	RE
Mar. 15	Northern Minerals Limited Reports Earnings Results for the Half Year Ended December 31, 2025	CI
Mar. 08	Northern Minerals appoints David Collins as CFO	RE
Mar. 08	Northern Minerals Appoints CFO	MT
Mar. 08	Northern Minerals Limited Announces Appointment of David Collins as Chief Financial Officer, Effective March 9, 2026	CI
Mar. 08	Northern Minerals Limited Announces Executive Changes, Effective March 9, 2026	CI
Mar. 02	Northern Minerals Says Vastness Withdraws EGM Notice, Shares Fall 3%	MT
Feb. 22	Atlas Critical Minerals Corporation Appoints James Schloffer as Chief Technical Officer	CI
Feb. 10	Northern Minerals Updates on Court Proceedings Regarding AGM and EGM Deferrals	CI
Feb. 05	Northern Minerals says co commenced proceedings to permit company to hold EGM	RE
Feb. 05	Northern Minerals Starts NSW Supreme Court Proceedings to Hold EGM, AGM on Same Day; Shares Fall 4%	MT
Feb. 05	Northern Minerals Limited Provides Information to Shareholders	CI
Feb. 05	Northern Minerals Limited Provides Information to Shareholders	CI
Feb. 02	Northern Minerals Says Court Fines Indian Ocean International Shipping, Sole Director AU$14 Million In Total, Shares Rise 3%	MT

Chart Northern Minerals Limited

Duration

Period

NTU: Dynamic Chart

Company Profile

Northern Minerals Limited is a mineral exploration company. It owns 100% of the Browns Range Project (Project) in northern Western Australia, tenements rich in the heavy rare earth elements dysprosium (Dy) and terbium (Tb). The Browns Range Project is located approximately 160 kilometers south-east of Halls Creek on the northern edge of the Tanami Desert in Western Australia. Its other projects include John Galt and Boulder Ridge. The John Galt Project comprises four 100% owned tenements which cover a combined area of 78 square kilometers. The project area is situated in the East Kimberley region of Western Australia, approximately 200 kilometers (km) south of Kununurra and 35 km from the Great Northern Highway. The Companyâ€™s Boulder Ridge Project is part of a tenement package covering the NT portion of the Browns Range Dome and extends southward toward the Tanami Gold mine. The John Galt Project comprises granted tenements, such as E80/4298, E80/4967, E80/5070, and E80/5230.

Employees

Sector

Diversified Mining

More about the company