Latest Commercial Production News

Evion Group has moved its flagship Maniry graphite project into the development stage and secured a binding German offtake terms sheet, but its FY2026 accounts carry a material going concern warning. The company also faces an unpaid A$730,000 placement shortfall as it funds graphite, fluorspar and downstream expansion plans.

Breakthrough Minerals has shifted its centre of gravity to a 952-square-kilometre Queensland copper-gold portfolio, backed by an 18.8Mt JORC resource and early drilling success. The annual report also highlights the constraint: a A$5.69 million loss, ongoing cash burn and material uncertainty over future funding.

Tamboran Resources has delivered first gas from the Beetaloo Basin into the Northern Territory network, while completing its Sturt Plateau compression facility about US$9 million below forecast. The commercial milestone remains an early-stage start: volumes are demand-limited and commissioning is still underway.

Lindian Resources has crossed a significant operational threshold, moving Kangankunde in Malawi from construction into active mining while targeting first production in Q4 2026. The transition was funded by A$191.5 million in placements, but the company still faces the harder test of commissioning, downstream integration and cash discipline.

EcoGraf has strengthened the technical and commercial case for its Tanzanian graphite strategy, including a larger Epanko ore reserve and planned downstream processing. But cash fell to A$3.8 million, and auditors flagged a material uncertainty over the company’s ability to continue as a going concern.

Metals Australia has established a maiden 45.7Mt Inferred VTM resource at Manindi West, alongside test work producing titanium oxide above 99% purity. The opportunity is sizeable, but remains an early-stage resource supported by conceptual expansion targets and screening-level economics.

Bannerman Energy has completed CNOL’s US$320.4 million strategic investment in the Etango uranium project, giving the joint venture approximately US$303 million in cash and a debt-free construction pathway. The project now moves towards a Final Investment Decision and full-scale construction targeted for Q4 2026.

Australian Silica Quartz Group is shifting its centre of gravity from exploration to development after adding the 47.3Mt White Swan Kaolin Project. The project has an approved 250,000-tonne-per-year mining concept, but commercial offtake and feasibility work remain ahead.

D3 Energy has lifted its combined 2C recoverable helium resource by 65% to 35.6 BCF while securing A$6.12 million in fresh capital. The annual report also shows the cost of advancing the portfolio, with the FY2026 loss widening to A$6.11 million and operating cash outflow reaching A$3.84 million.

Immuron delivered record FY26 sales, a narrower loss and a much stronger cash balance, while shifting clinical development towards commercial partners. The annual report also flags a material weakness in inventory controls and confirms that IMM-529 remains dependent on a future licensing deal.

Advanced Engineered Materials is forecasting a sharp lift in second-half sales as its Quebec high-purity alumina operation moves from qualification work towards commercial production. The larger prize is a possible 6,000-tonne-per-year expansion, but that plan still depends on feasibility, financing and final investment approval.

PC Gold’s Spring Hill project emerged from FY2026 with a sharply larger resource, fresh institutional funding and a clearer path towards feasibility studies. The gold explorer remains pre-production and loss-making, but its post-year-end A$75 million raise gives it substantial room to expand drilling and development work.