Latest Aerospace Defence News

WA1 Resources has significantly increased the indicated resource at its Luni Niobium Project to 93 Mt at 1.32% Nb2O5, backed by A$131 million in cash and progressing key development workstreams including permitting and metallurgical testwork.

Vanadium Resources (ASX: VR8) has signed a non-binding offtake term sheet with U.S. Vanadium for 100% of vanadium slag from its Steelpoortdrift V-Iron Plant, while appointing Rand Merchant Bank to secure project financing.

Fortuna Metals (ASX: FUN) has extended the rutile mineralisation footprint at its Mkanda Project in Malawi from 37km² to 53km², revealing high-grade cores and planning extensive drilling to underpin a maiden resource estimate in the second half of 2026.

Sovereign Metals has delivered a definitive feasibility study (DFS) for its Kasiya Rutile-Graphite Project in Malawi, revealing robust economics, a 25-year mine life, and the potential to become the world’s largest producer of natural rutile and flake graphite, both critical minerals for Western supply chains.

Fortuna Metals Limited (ASX:FUN) has announced a conceptual exploration target of 180 to 240 million tonnes at 0.86 to 1.0% rutile grade for its Mkanda project in Malawi, with major drilling programs planned in 2026 to advance resource definition.

Globe Metals & Mining’s 2026 Bankable Feasibility Study for the Kanyika Niobium Project in Malawi confirms robust economics, a 24-year mine life, and a strategic phased development approach.

Tungsten Mining NL is set to begin a 15,000-metre drilling campaign at its Watershed tungsten deposit in June 2026, aiming to better define near-surface high-grade mineralisation amid record tungsten prices.

Greatland Resources has released a Mineral Resource Estimate for its O’Callaghans deposit, confirming it as one of the world’s largest high-grade tungsten resources, enriched with copper, zinc, and lead.

AML3D has landed a AU$2.61 million contract to produce critical submarine components for the US Navy using its advanced 3D metal printing technology, marking a significant step in its US defence expansion.

Coppermoly Limited has expanded its Australian footprint by acquiring the Wyemandoo Project in Western Australia, adding high-grade critical minerals to its portfolio. The acquisition enhances exploration potential across a combined 1,805 square kilometres in WA and Queensland.

Sovereign Metals has significantly upgraded its Kasiya Rutile-Graphite Project resource, increasing measured and indicated rutile by 32% ahead of its definitive feasibility study. This cements Kasiya as the world’s largest natural rutile deposit, reinforcing its strategic importance in critical mineral supply chains.

McLaren Minerals has launched a major drilling campaign at its McLaren Titanium Project, aiming to upgrade resource classifications and expand the deposit ahead of a Bankable Feasibility Study.