Strontium puts Namibia in spotlight
Aldoro Resources says Namibia hosts the world's largest reported strontium resource after defining 802.1 million tonnes grading 2.11% strontium at its Kameelburg critical minerals project.
The Australian-listed explorer is positioning the strontium discovery as a major part of the Kameelburg development, alongside rare earths and niobium, saying the project could eventually supply a significant share of the global market for strontium carbonate, used in permanent magnets and other industrial applications.
Aldoro's August 2026 corporate presentation describes Kameelburg as having the "World's No.1 Strontium Resource", alongside what it says is the world's second-largest rare-earth resource.
The overall Kameelburg mineral resource stands at 804.5 million tonnes, of which 802.1 million tonnes make up the reported strontium resource.
The scale of the strontium resource could give Namibia exposure to a critical-minerals supply chain that has received far less local attention than uranium, lithium, rare earths or copper.
Aldoro says Kameelburg is also the only project among the rare-earth peers in its comparison to have a reported strontium resource. The companies included in that comparison are Lindian Resources, Iluka Resources, Lynas Rare Earths and US producer MP Materials.
Strontium opens second magnet market
The significance of the discovery, according to Aldoro, lies partly in strontium's use in ferrite permanent magnets.
Strontium carbonate is an important raw material in the production of strontium ferrite magnets, which are widely used in automotive and industrial motors, electronics, loudspeakers and sensors.
Aldoro says strontium ferrite magnets account for more than 70% of global permanent-magnet usage by volume, with annual demand exceeding 1.1 million tonnes.
That could give Kameelburg access to a different magnet market from the rare-earth mineralisation already identified at the project.
Kameelburg contains about 1.37 million tonnes of neodymium-praseodymium oxide, or NdPr, which is used in high-performance neodymium-iron-boron, or NdFeB, permanent magnets for applications including electric vehicle traction motors and wind turbines.
Strontium, by comparison, provides exposure to the much larger-volume ferrite magnet market.
Aldoro is therefore presenting Kameelburg as a project capable of supplying raw materials to two major permanent-magnet markets from the same mineral system.
The company has previously described the project as a multi-commodity critical-minerals development, with strontium occurring alongside its rare-earth and niobium mineralisation. Earlier resource updates also made clear that the strontium resource was co-located with, and not additional to, the rare-earth resource.
