Latest Competition News

IDT Australia announces the immediate resignation of CEO Paul McDonald, appointing Executive Chair Mark Simari to lead as the company reports a 40.6% revenue increase but a widening net loss for FY25.

WT Financial Group reports robust FY2025 growth driven by a scalable adviser network and a strategic joint venture with Merchant Wealth Partners, positioning itself for further consolidation in Australia’s financial advice sector.

360 Capital Mortgage REIT (TCF) reported a robust FY25 with a 21.5% total unitholder return and significant capital raising activity that doubled its market capitalization.

Dundee Precious Metals has secured the Bosnian Competition Council's approval, clearing a major regulatory hurdle in its planned acquisition of Adriatic Metals. The deal now moves closer to completion pending shareholder and court approvals.

Silex Systems Limited has announced a $145 million equity raise to fund the commercialisation of its SILEX laser uranium enrichment technology through its US joint venture, Global Laser Enrichment. The capital will support critical technology milestones and expansion into new isotope markets amid a global nuclear fuel renaissance.

Atomo Diagnostics has secured a US$410,000 order from Lumos Diagnostics for its Pascal test cassettes, following Lumos's exclusive six-year US distribution deal for the FebriDx test with PHASE Scientific.

Adslot Ltd has raised nearly $1 million through a mix of secured convertible notes and a private share placement, aiming to strengthen its balance sheet and fund key projects. Shareholder approval and ASX waivers remain pivotal next steps.

Maronan Metals has signed a non-binding MoU with Austral Resources to explore toll processing at the Rocklands facility, aiming to unlock cost-effective pathways for its mineral projects.

WT Financial Group and its joint venture Investco have incorporated two new 'Hubcos' to consolidate advisory firms and pursue strategic acquisitions, marking a significant expansion in their financial advice platform.

Green Technology Metals (GT1) and EcoPro Innovation have successfully produced battery-grade lithium hydroxide monohydrate from spodumene concentrate sourced from GT1’s Seymour project in Ontario, confirming high lithium recovery and low impurities.

xReality Group has secured a $2.1 million grant from the Australian Government to fast-track AI enhancements in its Operator XR tactical training platform, aiming to solidify its leadership in law enforcement and defense training worldwide.

OD6 Metals reports significant metallurgical advancements at its Splinter Rock Rare Earth Project, integrating Ion Exchange technology to enhance impurity removal and increase recovery rates. These improvements promise to materially improve project economics and broaden market appeal.