Terra Critical Minerals Closes Nevada Tungsten Acquisition Amid Price Surge

The latest update is out from Terra Uranium Limited ( (AU:T92) ).

Terra Critical Minerals has completed the 100% acquisition of the True American Tungsten Project in central Nevada, consolidating its US presence through its T92 USA subsidiary and sharpening its strategic focus on North America. The project, located at the junction of the prolific Getchell and Battle Mountain mineral belts, hosts two historical adits from 1940s high‑grade tungsten production from scheelite skarns and tungsten-bearing veins, with historical sampling suggesting exceptional grades and minimal modern exploration. Against the backdrop of multi‑decade high tungsten prices driven by Chinese supply disruptions and rising demand from defence, aerospace and data‑centre applications, the deal is framed by Terra as a launchpad for a transformative 2026, giving the company exposure to potential US government support and further acquisition opportunities as it prepares a modern exploration program starting early this year.

The most recent analyst rating on (AU:T92) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Terra Uranium Limited stock, see the AU:T92 Stock Forecast page.

More about Terra Uranium Limited

Terra Critical Minerals Limited (ASX:T92) is an Australian-listed resources company focused on exploring and developing critical mineral projects, with an increasing strategic emphasis on North America. The company targets high-value commodities such as tungsten that are in demand from defence, aerospace, alloy and technology sectors, and is positioning itself to leverage supportive US policy and funding environments for critical minerals supply chains.

Average Trading Volume: 417,933

Technical Sentiment Signal: Buy

Current Market Cap: A$8.09M

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