Latest Cost Optimisation News

Alliance Nickel has begun vat leach testing on a bulk sample from its NiWest project, targeting a significant reduction in capital costs by replacing heap leaching with a lower-cost atmospheric process. Results are expected by late Q3 2026 and could reshape the project’s economics.

European Metals Holdings reveals lithium chemical plant design improvements at Cinovec that could slash reagent and power costs by over US$54 million annually, potentially boosting the project’s pre-tax NPV beyond US$1.455 billion.

Spenda Limited has secured $1.85 million from its institutional entitlement offer at $0.004 per share, progressing its $8.545 million capital raise aimed at debt reduction and product development. The retail component opens next week to raise an additional $6.7 million.

Spenda Limited (ASX:SPX) has kicked off an $8.545 million accelerated entitlement offer at a steep discount, aiming to strengthen its balance sheet, reduce debt, and support its strategic reset towards profitability.

Aura Energy has secured a strategic non-binding MOU with a major international nuclear utility, underpinning funding and technical collaboration for its Tiris Uranium Project in Mauritania. The company has locked in a robust processing flowsheet and aims for a Final Investment Decision by the end of 2026.

Stavely Minerals has made significant progress on its Scoping Study for the Thursday’s Gossan and Cayley Lode copper-gold-silver deposits, capturing a large portion of its 60Mt resource and evaluating multiple processing throughput scenarios.

PhosCo Ltd reveals a simplified single-stage flotation process for its Gasaat Phosphate Project that promises lower costs and reduced complexity, boosting prospects ahead of its Q3 2026 scoping study update.

SPC Global Holdings (ASX: SPG) has voluntarily suspended trading of its shares pending details of a proposed equity raising, with the suspension expected to last until 11 May or until the announcement is made.

AGL Energy tightens its FY26 earnings outlook, buoyed by strong operational performance and strategic investments in batteries and gas peaking assets amid rising electricity demand driven by data centres and electrification.

Alliance Nickel Limited has secured $2.4 million from a 63% take-up of its $4.15 million entitlement offer, with director Jamie Sullivan underwriting a portion of the shortfall. The remaining shares are yet to be placed as the company moves forward with its NiWest project.

Endeavour Group posts modest sales gains in Retail and Hotels for Q3 F26 while bracing for supply chain pressures from Middle East tensions and launching a $100 million cost reduction drive.

Jayride Group continues its pivot to a SaaS mobility platform across Australasia and Southeast Asia, managing tight cash flow and planning a capital raise to sustain operations and support ASX reinstatement.