Latest Materials News

OM Holdings reversed a loss to report a US$26.3 million profit in 1H 2026, driven by a major asset disposal and improved product margins despite lower sales volumes.

Metallium has resolved a key permitting constraint at its Texas Gator Point campus, enabling chlorinated Flash Joule Heating testing to resume ahead of a major September campaign. The company also marks first revenue from its MXene development program and strengthens engineering leadership.

Steel & Tube Holdings reported a 13.9% revenue rise and a 376% jump in normalised EBITDA for FY26, despite a statutory net loss of NZD 61.2 million driven by significant asset impairments and ongoing market challenges.

Vulcan Steel posted a robust FY26 with revenue up 22% and NPAT rising 31%, driven by the integration of Roofing Industries and volume growth despite economic headwinds.

Advanced Engineered Materials (ASX:AEM) reported an 85% jump in high purity alumina sales in 1H 2026, with a customer pipeline now valued at US$190 million amid tightening global supply and rising semiconductor industry demand.

Andromeda Metals has successfully produced 4N High Purity Alumina (HPA) with 99.9986% purity at continuous pilot scale, marking a crucial step towards commercialisation and customer evaluation under a strategic supply agreement with Traxys.

Metal Powder Works secures its biggest-ever purchase order for pure copper powder from Embassy Powdered Metals, marking its debut in the copper infiltration segment and accelerating capacity expansion plans.

Neometals faces uncertainty over $7.5 million owed from its Tranche 2 placement but gains financial flexibility through a new $2 million standby debt facility with a former chairman's company.

Cadoux’s premiumHPA® alumina was validated in a hypersonic test flight in the US, powering Navitas Systems’ lithium-ion batteries through extreme conditions and reinforcing its role in advanced battery applications.

Capral Limited posted a solid first half for 2026 with revenue rising 14% on higher aluminium prices and volume growth, while earnings remained steady despite cost pressures and subdued residential demand.

A2MP Investments has pushed back the deadline for its takeover bid for Canyon Resources, giving shareholders more time to review key documents amid ongoing conditionality.

International Graphite Limited has closed a $4.4 million placement, securing cornerstone investors including Xcelsior Capital to fund expansion of graphite processing operations in Australia and Europe.