01
Rare Earth Elements (REE) · High Tonnage
Two interpreted pervasive seams, with mineralised outcrops over 12km apart within the Orión permit area.
Applications
EV motors · Wind turbines · Defence
Volume I · EU Critical Minerals
Osmond Resources is an ASX-listed developer advancing EU Critical Minerals projects in the Andalusia Mining Province of southern Spain.
Exchange
ASX
Ticker
OSM
Share Price
$0.50
Movement
-$0.02 · -3.85%
Last close, 11 Nov 2026 (ASX)
Scoping Study Highlights
Orión Scoping Study — 2 October 2026
- Scoping Study for Orión EU Critical Minerals delivers compelling outcomes
- Owner operated underground room & pillar mine with minimal surface disturbance
- Established technologies for monazite, zircon, rutile and ilmenite recoveries underpin preliminary flowsheet
- Upside potential in further studies, not included in the Scoping Study:
- Separation of a near-pure rutile product from the titanium concentrate stream
- Silica sand sales
- Contract mining to reduce capex
- Upside potential from downstream opportunities:
- Rare earth oxide production
- Titanium and zirconium metal powder production
- Hafnium metal production
- Silicon metal production
- Next Steps
- Additional drilling expected to increase scale and confidence
- Upgraded Mineral Resource Estimate
- Updated Scoping Study
- Complete current PFS-level metallurgical testwork program
- Applications for Andalusian, Spanish and EU project support schemes
- Progress studies to support downstream opportunities
Chapter II · Three Economic Minerals
Orión permit area
02
Zirconium / Hafnium (ZrSiO₄) · High Value
One of three economic minerals confirmed across mineralised outcrops and in drill core at the Orión Project.
Applications
Nuclear · Ceramics · Semiconductors
03
Titanium (TiO₂) · High Grade
Outcrop samples containing over 45% Total Heavy Minerals across the Orión permit, with high grades of rutile reported in maiden drilling.
Applications
Aerospace alloys · Pigments · Medical implants
Chapter III · Projects
Southern Spain · EU
Anchored in the Andalusia Mining Province.
01Jaén Province, Andalucía
Orión EU Critical Minerals Project
- A lithified placer sand system prospective for monazite, zircon, rutile and quartz
- Drilling resumed in October 2026, targeting an upgraded MRE and updated Scoping Study in Q1 CY27, subject to drilling results.
- Maiden Mineral Resource Estimate released 30 September 2026 (ASX release); Scoping Study released 2 October 2026 (ASX release).
Chapter IV · Investors
- 11 NOV 2026Cleansing Notice
- 11 NOV 2026Application for quotation of securities - OSM
- 03 NOV 2026Proposed issue of securities - OSM
- 03 NOV 2026OSM Raises A$3.75M to Progress Orion EU ProjectPrice sensitive
- 30 OCT 2026Trading HaltPrice sensitive
- 30 OCT 2026Quarterly Activities and Cashflow ReportPrice sensitive
Chapter V · EU Critical Minerals
01
Rare earths from monazite power the permanent magnets in EV traction motors.
02
Neodymium and dysprosium drive the generators inside modern wind turbines.
03
Titanium from rutile forms the backbone of high-performance airframes.
04
Zirconium and hafnium underpin semiconductors, ceramics, and nuclear alloys.
- EU Critical Raw Materials Act 2024
- Three of 17 Strategic Raw Materials
- Five of 34 Critical Raw Materials
- Spanish Mineral Raw Materials Plan – 2026 to 2030
Announcements, investor presentations and annual reports are published in the investor centre as they are released to the ASX.