Latest Cost Reduction News

Tolu Minerals reports significant progress at its Tolukuma Gold Mine, unveiling infrastructure upgrades and a $14.3 million exploration program aimed at boosting production and extending mine life.

WA Kaolin Limited reports robust production growth and expanding sales, driven by new technical kaolin grades and strong forward orders for FY26.

Sayona Mining Limited has reported record lithium production and improved operational efficiency at its North American Lithium operation, positioning itself strongly ahead of a transformative merger with Piedmont Lithium.

Spectur Limited reports a positive operating cash flow for Q4 FY25, driven by revenue growth and cost-cutting, alongside strategic investments in cloud and connectivity technology.

Argosy Minerals has made significant strides in developing its Rincon Lithium Project in Argentina, securing a 40MW energy infrastructure agreement and completing a $2 million placement to fund ongoing feasibility and engineering works.

Pilbara Minerals delivered robust FY25 results, completing key expansions and beating production guidance, while setting a cost-focused FY26 plan amid ongoing lithium price volatility.

Pilbara Minerals delivered a standout June quarter with record spodumene production and robust financials, beating FY25 guidance and setting ambitious targets for FY26 amid ongoing market challenges.

Oliver’s Real Food Limited reported a 70% increase in EBIT for the June 2025 quarter, driven by cost-cutting and operational improvements, despite a nearly 6% decline in revenue due to store closures and external factors.

ENRG Elements Limited has appointed new management and implemented significant cost reductions while renewing key uranium exploration permits in Niger. The company is also exiting lithium projects in Canada to focus on core assets and new opportunities.

Viva Energy has reported a stronger-than-expected first half EBITDA, buoyed by operational efficiencies and refinery margins, even as convenience sales face headwinds from tobacco regulation.

Vanadium Resources Limited has secured a binding two-year offtake agreement for vanadium-rich magnetite ore and raised A$1.2 million, advancing its near-term production plans at the Steelpoortdrift project.

Bowen Coking Coal reported record operating cashflows of $19.1 million in the June 2025 quarter, achieving all FY2025 guidance despite heavy rains and logistical hurdles. The company has launched a low-cost mining strategy while negotiating liquidity solutions amid depressed coal prices.