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Materials Wrap: Funding Rush, Deal Flow and Mixed Follow-Through Define Week 21

11:33am on Saturday 23rd of May, 2026 AEST MARKET NEWS
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Materials Wrap: Funding Rush, Deal Flow and Mixed Follow-Through Define Week 21

11:33am on Saturday 23rd of May, 2026 AEST
Key Points
  • White Energy led the board after unveiling proposed coal deals and a $15 million raise.
  • Small-cap gold names saw some of the sharpest falls, even where drilling or project news stayed upbeat.
  • Funding remained a major driver as companies raised cash for construction, studies and drilling.
  • Rare earths and other critical minerals stayed busy with Arafura, ASM and Northern Minerals all in focus.
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