Latest Australian Government News

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.

Aurora Labs posted a 36% increase in net loss to $5.1 million for FY2026 despite securing key defence contracts and partnerships. The company is transitioning from R&D to early commercialisation of its micro gas turbine propulsion systems, backed by a $5.5 million capital raise and government grants.

Percheron Therapeutics reduced its FY2026 loss to $4.79 million as it prepares to launch a pivotal phase II trial for its immuno-oncology drug HMBD-002, while managing a CEO transition and tightening cash reserves.

Whitehaven Coal reported a 29% drop in underlying net profit to $227 million for FY26, despite record safety outcomes and successful debt refinancing that lowered funding costs and extended maturities.

NextEd Group navigated a tough international education market in FY26, boosting underlying EBITDA by 7% to $15.3 million even as revenue fell 6.7%. A $13 million goodwill impairment weighed on net losses, but ongoing cost discipline and vocational course growth underpin a resilient platform.

OD6 Metals consolidates progress across its rare earths, copper, and fluorspar assets with strong resource bases and ongoing development activities in Nevada, Western Australia, and New South Wales.

FFI Holdings grew revenue by 7.4% to $62.76 million in FY2026, yet net profit after tax fell sharply by 51.5% to $3.23 million, reflecting the absence of last year’s $5.19 million property revaluation gain and a 26% drop in rental income due to lease changes.

Barramundi Limited’s portfolio delivered a 2.2% gross return in July, outpacing the S&P/ASX200 hedged benchmark, driven by strong performances in healthcare and financials alongside strategic portfolio adjustments.

InVert Graphite has completed the acquisition of RapidGraphite, gaining exclusive rights to the RapidPulse™ technology, and raised A$2.5 million to fund scale-up trials aimed at transforming battery-grade graphite production.

Redcastle Resources has secured a crucial Native Title and Mining Agreement with the Wangkatja Tjungula Aboriginal Corporation, paving the way for advancing its strategically important Mining Lease Application M39/1171 adjacent to its Queen Alexandra operations.

Black Canyon has confirmed a 400-metre southern extension to its Wandanya manganese project, delivering multiple high-grade manganese intercepts and advancing towards a maiden Mineral Resource Estimate in September 2026.

EV Resources has locked in 200 tonnes of premium antimony ore near its Tecomatlán plant, setting the stage for its first commercial processing campaign under a five-year supply deal.