What is Barkly Resources' main project?

Barkly Resources' main project is a rare earths deposit located in the Northern Territory's Tennant Creek region.

How much is Barkly Resources looking to raise in its IPO?

Barkly Resources is seeking to raise $8 million through its initial public offering.

Why is the Barkly project's geology significant?

The Barkly project's sedimentary-hosted deposit in loose sand is significant because it suggests a low-cost mining and processing operation.

Home / Business and Economy / NT Rare Earths Project Eyes $8m IPO

NT Rare Earths Project Eyes $8m IPO

5 Dec, 2025

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Summary

Barkly Resources plans an $8m IPO for a Northern Territory rare earths deposit.
The project boasts a low-cost mining potential due to its loose sand deposit.
A star-studded board includes experienced mining and metallurgy professionals.

Barkly Resources is seeking to raise $8 million through an initial public offering to advance its rare earths deposit located in the Northern Territory. The project, situated in the historic Tennant Creek mining region, presents a compelling investment opportunity due to its substantial inferred resource of 40 million tonnes.

The company highlights the project's unique geological characteristic: a sedimentary-hosted deposit in loose, beach-like sand. This composition is anticipated to enable significantly lower mining and processing costs compared to conventional methods. Furthermore, the deposit contains a notable 34% of valuable magnet rare earths, crucial for modern technologies like electric vehicles and wind turbines.