Latest Business Development News

GWA Group Limited has launched a $30 million on-market share buyback program, balancing capital return with ongoing investment in growth. The move underscores management's confidence in the company’s financial strength and outlook.

Metallium Ltd has made significant strides in developing its first U.S. Flash Joule Heating metal recovery facility in Texas, with major equipment orders, site upgrades, and feedstock procurement advancing commissioning plans.

Carbine Resources is set to issue over 110 million shares and broker options following shareholder approval, aiming to fund its Muchea and Down South Silica Sand projects and strengthen its working capital position.

Microequities Asset Management Group Limited reported a 19.3% rise in net profit for FY25, driven by strong fund performance and a surge in performance fees, while declaring a fully franked final dividend of 2.0 cents per share.

Carnegie Clean Energy launches a $3 million Share Purchase Plan to fuel commercialisation of its wave and MoorPower technologies, capitalising on growing global momentum in ocean energy.

Eden Innovations Ltd has announced a non-renounceable entitlement offer to raise approximately $5.7 million, issuing new shares at $0.035 each alongside free options exercisable at $0.07. The capital raise aims to support business expansion and debt reduction.

Carnegie Clean Energy launches a $3 million Share Purchase Plan at a 20% discount to fund its pioneering 6 MW CETO wave energy project in Spain and expand its global footprint.

Orbital Corporation has denied any undisclosed information behind its recent share price jump, attributing market interest to strategic leadership appointments aimed at expanding its UAV propulsion business.

Neometals has agreed to sell its 50% stake in the lithium-ion battery recycling joint venture Primobius to SMS Group for €5 million upfront plus future royalties, marking a strategic pivot away from capital-intensive projects.

Papyrus Australia appoints Daniel Schmidt as CEO to lead its transition from R&D to commercial operations, alongside a strategic restructure to support growth.

Key Petroleum Limited has appointed Yan Zhao as Managing Director, bringing over two decades of mining and exploration expertise to the helm. The move signals potential strategic shifts amid a modest remuneration package.

Macro Metals Limited has successfully raised A$2 million through a share placement, positioning itself to accelerate exploration and expand its mining services operations.