Latest Competition News

Centrex Limited has initiated a $10.4 million Entitlement Offer to fund the critical Stage 1.5 Expansion of its Ardmore Phosphate Project, aiming to boost production capacity to 625ktpa. The company highlights the pivotal role of this capital raise in securing operational continuity amid notable financial and logistical risks.

Fulcrum Lithium Ltd has successfully completed its IPO, raising $9.7 million, and commenced drilling at its Alkali Flats lithium project in Nevada, marking a significant step in its exploration journey.

Wellnex Life has negotiated a delayed and reduced-cost payment arrangement for its Pain Away acquisition, aligning with its upcoming London Stock Exchange dual listing plans. The move supports the company’s growth momentum following record revenues from Pain Away.

New Frontier Minerals has entered a strategic alliance with Austral Resources to process copper ore from its Big One Deposit, aiming to accelerate production and exploration in the Mt Isa copper belt.

TG Metals Limited reports robust metallurgical testwork outcomes for spodumene concentrate at its Lake Johnston Project, achieving lithium grades exceeding 6% Li2O and recovery rates above 80%. The company maintains a solid cash position of $5.3 million as it prepares for further exploration in 2025.

Centaurus Metals has achieved a breakthrough with a 34% nickel concentrate from its Jaguar Project pilot plant, promising substantial cost savings and enhanced market appeal. This development is set to reshape the project's economics and strategic partnerships.

Ava Risk Group reports a 20% revenue increase in H1 FY2025, driven by robust sales order intake and strategic expansion in key security sectors.

Qoria Limited reports robust December quarter results for FY2025, driven by strong ARR growth, expanding global reach, and strategic AI innovations that promise to accelerate future growth.

NOVONIX announces the departure of CEO Dr. Chris Burns, with CFO Robert Long stepping in as interim CEO amid plans to scale production at its Riverside facility.

Respiri Limited has completed its acquisition of Orb Health Inc. for US$9 million in shares, marking a strategic move to strengthen its foothold in the US connected and chronic care market. The integration promises operational cost savings and expanded service offerings.

Strickland Metals reports a significant 80.2m intercept grading 1.9g/t AuEq at its Shanac Deposit in Serbia, setting the stage for a resource upgrade in March 2025.

Iron Road Ltd has secured a $3 million milestone payment from Amp Energy and made significant progress on its Cape Hardy Industrial Port Precinct and Central Eyre Iron Project slurry pipeline study, reinforcing its strong cash position and strategic development plans.