Latest Australian Government News

Civmec’s 1H FY25 results reveal robust revenue growth and a strong balance sheet, underpinned by a diversified project pipeline and strategic moves into naval shipbuilding and material handling equipment manufacturing.

Tivan Limited has secured $9 million through a share placement backed by institutional and sophisticated investors, aiming to fund key fluorite and vanadium projects alongside general working capital needs.

Calix Limited and Pilbara Minerals have recommenced construction on their Mid-Stream Demonstration Plant following a $15 million grant from the Western Australian Government, aiming for completion by December 2025.

Kula Gold Limited has reported a significant maiden drill intercept of 2 metres at 2.3 grams per tonne gold at its Mustang Gold Prospect near Kirup, Western Australia, supported by government co-funding. This discovery marks the emergence of a new gold system warranting further exploration.

Echo IQ has secured a $1.26 million refund under the Australian Government's R&D Tax Incentive, reinforcing its commitment to AI-driven solutions for structural heart disease detection.

Patronus Resources has initiated an on-market takeover offer for Matsa Resources at $0.045 per share, representing a significant premium and aiming to consolidate its position in gold exploration.

Pilbara Minerals delivers record production and sales at Pilgangoora but faces statutory net losses due to joint venture investments and expansion costs. The company remains optimistic about long-term lithium market prospects.

The Australian Office of Financial Management has issued a new 4.25% Treasury Bond due in 2036, set to begin trading on the ASX from February 13, 2025. This issuance adds a fresh long-term government debt instrument to the market.

Spacetalk Ltd has secured a $428,853 R&D tax rebate from the Australian Taxation Office, reinforcing its commitment to innovation while reporting a 16% increase in Annual Recurring Revenue and significant cost reductions.

Australian Rare Earths Limited (AR3) has obtained South Australian Government approval to expand its Overland Uranium Project, gaining rights over an additional ~1,000km² and greenlighting immediate drilling on high-potential targets.

Biome Australia has partnered with the Food and Beverage Accelerator (FaBA) to jointly develop its promising BMB18 probiotic strain, leveraging $50 million in Australian government funding while retaining full IP ownership.

Lunnon Metals has launched a co-funded diamond drilling program at its high-potential Defiance West target near the historic Victory-Defiance Gold Mine, aiming to unlock new gold mineralisation in a previously untested area.