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Traxys Europe has signed an exclusive long-term offtake agreement with Abenójar Tungsten for concentrate from Spain’s El Moto project. The deal gives Traxys sole purchasing and distribution rights for at least ten years from commercial production. Pricing will reference the ammonium paratungstate index, with Traxys managing marketing, logistics and global distribution.

Discovery Mining has agreed to acquire mineral assets in Canada’s Timmins region from McEwen subsidiaries for $55m, comprising $50m in shares and $5m in cash. The assets include the Fuller project and a 60% stake in the Paymaster joint venture, adjacent to Discovery’s Dome Mine. Franco-Nevada will extend its royalty interest to the acquired properties for an $8m payment to Discovery.

CleanTech Lithium has signed option agreements for the Genoveva and Sal de Litio 1 properties in Argentina’s Salar de Antofalla. The company plans to conduct a $500,000 drilling programme in 2027 and establish a maiden resource estimate, subject to funding. The properties are around 80km from its Laguna Verde project.

Titan Mining has signed a term sheet with the US Department of the Army for a proposed graphite processing plant at Anniston Army Depot, Alabama. The framework covers a potential 50-year lease, with two 25-year renewal options. The facility would initially produce purified micronised graphite, with coated spherical purified graphite planned following customer qualification.