Latest Chemicals News

Reward Minerals has completed its maiden drilling program at the Jackpot gold-copper prospect, but the more immediate investor issue is funding: the company held $262,000 in cash at 30 September, equivalent to 0.43 quarters of reported outgoings. Reward says it intends to pursue a placement or entitlement issue while awaiting assay results and continuing Beyondie partnership talks.

PT ANTAM (Persero) Tbk (ASX:ATM, IDX:ANTM) delivered stronger nine-month 2026 operating volumes across gold, ferronickel, bauxite and alumina, while advancing Indonesia’s battery and mineral-processing agenda. The unaudited report also details Rp5.05 trillion in dividends, but provides no nine-month revenue or profit figures.

Barton Gold has delivered more high-grade Tunkillia drilling, cleared an environmental approvals milestone and advanced feasibility work across its South Australian portfolio. The trade-off is a quarterly cash outflow of A$8.5 million, leaving 2.73 quarters of funding on the Appendix 5B calculation.

Foresta has secured acceptance of a Japanese patent for its rosin and terpene extraction technology while moving the Kawerau pine chemicals project through front-end design. But with $2.47 million in cash and estimated funding for 2.65 quarters, the next development stage will bring a financing question into sharper focus.

Sunrise Energy Metals has completed key Syerston engineering work and received a conditional commitment for up to US$400 million in long-term debt from the U.S. Office of Strategic Capital. The project’s revised scope now carries an estimated A$450 million to A$475 million capital cost, while the proposed Nasdaq redomiciliation remains subject to multiple approvals.

European Resources has lifted bench-scale magnet rare earth extraction at its Korsnäs project to 92% and is moving towards a mixed rare earth carbonate sample for potential customer assessment. The progress comes alongside a new eastern exploration anomaly and a reported cash runway of about two quarters.

ABx Group says manufacture of the major equipment for its ALCORE hydrogen fluoride pilot plant is substantially complete, while electrical and civil works continue at Bell Bay in Tasmania. EPA Tasmania has accepted the project’s Environmental Effects Report for final assessment, but planning approval and commissioning remain ahead.

Aeris Environmental has secured $1.5 million from two sophisticated investors to accelerate its Syncromesh building intelligence platform, while issuing a further 2.05 million shares for advisory services. The capital arrives as the company seeks to turn its smart-building technology pipeline into recurring revenue.

BLS Pharmaceuticals has opened FY27 with record quarterly revenue, positive operating cash flow and reaffirmed full-year guidance. The report contains conflicting Q1 revenue figures of $26.7 million and $27.5 million, while its Scotland expansion remains subject to regulatory approval.

Orivium has begun construction of a modular processing plant in Orange, NSW, to test recovery of copper from Infinity Mining’s Cangai waste. The partner-funded facility could be operational within six months, but any revenue remains conditional on feedstock access, successful processing and metal sales.

De.mem has reported its strongest quarterly operating cash flow on record, with September cash receipts rising 29% year on year to approximately $10.1 million. The water treatment company also secured an $800,000 antiscalant framework agreement and two equipment orders due for delivery in 2027.

Kaoko Metals has confirmed broad, shallow copper-silver mineralisation at Otniel after its first two diamond holes returned strong grades, including intervals above 3% copper. The early results support expanded drilling across the 400km² Chalkos project, but true widths, continuity and metallurgy remain unresolved.