Lion Rock Minerals Ltd (ASX: LRM)

Lion Rock Minerals Limited (ASX: LRM), formerly Peak Minerals Limited, is an Australian-listed mineral sands and critical minerals explorer focused on the development of its flagship Minta Rutile & Monazite Project in central Cameroon.

Mineral sands are deposits where heavy minerals have been concentrated in sand by weathering and moving water. Rutile is the titanium mineral in those sands, and it goes into titanium dioxide pigment and titanium metal. Monazite is a phosphate mineral that carries rare earth elements, so a monazite-rich sand is a rare earths source as well as a titanium one.

The Company holds an 80% group interest in 18 granted exploration permits and three further permits under valid application across approximately 8,800 km² of prospective ground at Minta, with approximately 5,000 km² described as the higher-priority prospective belt within that footprint.

Beyond Minta, Lion Rock holds the Kitongo and Lolo Uranium Projects in Cameroon (six tenements totalling approximately 2,440 km², all currently pending grant) and the Yendon Kaolin Project in Victoria (four licences in the Ballarat-Bendigo zone of the Lachlan Fold Belt). The Green Rocks Project in Western Australia was divested in April 2026 as non-core.

Samso's coverage of LRM on the ASX runs to more than a dozen pieces, including the rutile corridor emerging across Minta, the heavy rare earths found in the monazite, and Tronox joining the project.

Last reviewed 22 September 2026.