Latest Materials News

Fortescue Ltd delivered a record 201.3 million tonnes of iron ore in FY26, alongside a 3% rise in underlying net profit after tax to US$3.47 billion, despite a significant $750 million impairment charge on its Iron Bridge asset. The miner declared a fully franked final dividend of A$0.46 per share and continues to advance its ambitious decarbonisation and growth agenda.

Northern Star Resources (ASX:NST) posted a 24% rise in net profit to A$1.66 billion for FY26, declaring a fully franked 30 cent final dividend and advancing its KCGM mill expansion into commissioning.

Energy Fuels’ acquisition of Australian Strategic Materials (ASM) has officially closed following Federal Court approval, triggering suspension of ASM trading and setting the stage for shareholder payments and new listings.

Environmental Clean Technologies has secured A$10.6 million in a placement to fast-track commercialisation of its Flash Joule Heating platform and MXene manufacturing, backed by a strategic acquisition and feedstock supply.

The Federal Court has approved the schemes for Energy Fuels to acquire Australian Strategic Materials, setting in motion a series of key dates including trading suspension and shareholder payments.

BHP Group Limited posted robust FY2026 results with a 15% revenue increase, record copper production contributing over half of underlying EBITDA, and a total fully franked dividend of 172 US cents per share. The company advances growth projects, including the Jansen potash mine, while managing legacy Samarco liabilities and pursuing climate targets.

Sims Limited delivered a striking FY26 turnaround with net profit soaring 1391%, driven by strong metals trading and a booming technology lifecycle services segment, while advancing sustainability and strategic acquisitions.

Andromeda Metals is targeting $3 million through a Share Purchase Plan to fund the next phase of its High Purity Alumina project, including pilot plant optimisation and a Pre-feasibility Study.

Euro Manganese has signed a non-binding term sheet with US battery materials producer 6K Energy, marking a critical step towards commercialising its Chvaletice manganese project with validated product quality and supportive financing terms.

BlueScope Steel posted a remarkable 857% jump in reported NPAT to $802 million for FY2026, underpinned by strong US spreads, cost discipline, and growth in value-added steel products. The company declared record dividends and advanced key decarbonisation projects, signaling a confident transition from investment to shareholder returns.

Mangawhai Collective aims to boost its stake in Bremworth from 19.73% to a controlling interest by offering NZD 0.90 per share for nearly 44% of outstanding shares, subject to conditions and shareholder precommitments.

Amcor’s FY 2026 results highlight a dramatic boost from the Berry acquisition, with net sales soaring 57% to $23.5 billion and adjusted EBITDA up 68%. The company also raised its quarterly dividend and outlined a transition to a December year-end.