Latest Composites News

Wagners Holding Company Limited (ASX:WGN) reported a 17% revenue increase to $504 million and a 78.5% surge in net profit after tax to $40.6 million for FY26, driven by strong growth in Construction Materials and Composite Fibre Technologies.

Morphic Ethical Equities Fund Limited delivered a 1.34% rise in net profit to $7.32 million for FY26, outpacing its benchmark with a 29.11% portfolio return and announcing a fully franked 1.4 cent dividend alongside plans for a substantial share buyback.

The Federal Court has approved the schemes for Energy Fuels to acquire Australian Strategic Materials, setting in motion a series of key dates including trading suspension and shareholder payments.

CZR Resources has expanded gold mineralisation at its Croydon Gold Project in the Pilbara, with drilling at Top Camp and Bottom Camp revealing significant strike extensions and high-grade intercepts. Early results from the Martin prospect highlight promising pathfinder elements, setting the stage for further exploration.

Zenith Minerals and Forrestania Resources have amended their takeover implementation deed, updating key terms including offer conditions, board changes, and break fees as Forrestania pursues control.

Forrestania Resources and Zenith Minerals have formalised an amended takeover implementation deed, setting out detailed terms for Forrestania's bid including offer ratios, board changes, and break fees.

Whitefield Income Limited reported a 104% jump in net profit to $16 million for FY2026, supported by a near doubling in investment revenue and a $187 million capital raise. The listed investment company maintained steady fully franked dividends despite a slight dip in net asset backing per share.

Heavy Rare Earths Limited has dramatically increased its Subron Rare Earths Project footprint, capturing significant extensions to high-grade heavy rare earth oxide zones with minimal upfront costs.

Munro Partners has agreed to buy GSFM Pty Limited, the parent company of GSFM Responsible Entity Services, which manages three Munro-branded ETFs. The deal is expected to close in Q4 2026, with potential shifts in board composition but no disruption to fund management.

Barton Gold has expanded its Tolmer silver discovery in South Australia, delivering multiple high-grade silver and gold assay results from a recent 3,677m drilling program. The western silver zone now stretches over 500 metres, while the eastern gold zone shows broad, high-grade gold mineralisation. Metallurgical testwork is set to begin, aiming to clarify recoverability and support resource modelling.

WA Gold's reconnaissance drilling at Bullabulling reveals promising gold anomalism within key shear zones, setting the stage for targeted deeper RC drilling later this year.

Adavale Resources has reported a standout 19m intercept at 4.0g/t Au well outside the current London-Victoria Mineral Resource Estimate, signalling potential for a significant resource upgrade due in Q3 2026.