Latest Aggregates News

Fletcher Building has raised its FY26 EBIT guidance to $400m-$403m, buoyed by stronger volumes across key divisions and a $52m boost from property sales. However, caution remains over potential project delays and cost inflation impacting early FY27 performance.

Marquee Resources (ASX:MQR) is raising just over $1 million through a non-renounceable rights issue priced at half a cent per share, accompanied by free attaching options. The capital raise aims to support ongoing exploration and the recent acquisition of the Tungsten Mountain Project in Nevada.

Alterity Therapeutics has secured official FDA confirmation that a single pivotal Phase 3 trial, backed by prior Phase 2 data, can support approval of ATH434 for Multiple System Atrophy. Trial initiation remains on track for late 2026.

ADX Energy’s Sicily Channel biogenic gas play gains validation from an independent technical review, reinforcing its prospective resource estimates and exploration strategy.

Suncorp has secured a disciplined FY27 reinsurance program featuring a $800 million annual aggregate cover over five years, while signalling higher reinsurance costs and a $250 million natural hazard cost overrun in FY26.

Algorae Pharmaceuticals has been appointed as a supplier under a NSW Health public hospital supply contract, marking a strategic milestone despite uncertain immediate revenue impact.

Centrepoint Alliance has finalised the $3 million acquisition of client books and advisers from Cairns Wealth and Pinnacle Wealth, expanding its salaried advice business and boosting recurring earnings.

BlackRock Investment Management (Australia) has announced the final cash distribution amounts for a broad suite of iShares ETFs, with payments scheduled for 13 July 2026.

Somerset Minerals (ASX:SMM) has kicked off a $3.17 million capital raise combining a $2 million placement and a $1.17 million entitlement offer, aiming to advance exploration at its Coppermine copper project in Nunavut, Canada. The offer includes attaching options and management incentives, with participation restricted to shareholders in select jurisdictions.

Smartshares Limited’s annual report for the year ending 31 March 2026 details mixed fund unit movements, notable management changes, and key investment manager transitions within its suite of Exchange Traded Funds.

Pan African Resources has issued over 102 million new shares as part of the settlement for its acquisition of Emmerson, increasing its total issued shares to more than 2.4 billion ahead of trading commencing on 1 July 2026.

Vanguard Investments Australia has announced estimated distributions for 34 of its ETFs, with payments scheduled for mid-July 2026. The payouts vary significantly across funds, reflecting diverse asset exposures and income profiles.