Latest Defence Applications News

Codrus Minerals has identified high-grade molybdenum mineralisation up to 4.2% at its Bull Run Gold Project in Oregon, revealing significant polymetallic potential beyond gold. The discovery opens new avenues for exploration and value creation.

American Tungsten & Antimony Ltd’s initial exploration at Dutch Mountain reveals a larger-than-expected tungsten system, supported by a fully permitted processing facility that could accelerate development in Utah’s Clifton Mining District.

Red Mountain Mining is making significant strides in its US critical minerals portfolio, reporting strong antimony assay results and gearing up for extensive exploration programs. The company’s projects align closely with US and Australian government initiatives to secure domestic critical metal supplies.

Advanced Innergy Holdings Ltd (ASX:AIH) has reported a robust FY25 performance highlighted by a successful IPO and strong growth across its core segments, setting a confident tone for FY26.

Australian Vanadium Limited has broadened its Optimised Feasibility Study to include high purity vanadium products aimed at aerospace, defence, and advanced manufacturing sectors, aligning with evolving critical minerals demand without delaying project timelines.

Iluka Resources posted a net loss of $288 million in 2025 amid subdued mineral sands demand but progressed key projects including the Balranald mine commissioning and Eneabba rare earths refinery construction.

Black Cat Syndicate’s latest drilling at Mt Clement confirms strong, high-grade antimony mineralisation extending beyond current resources, advancing the project towards a pivotal economic study.

Critica Limited has produced its first commercial-quality Mixed Rare Earth Carbonate from the Jupiter Rare Earth Project, marking a key milestone in advancing its development and processing pathway. The high-grade product validates scalable hydrometallurgical processing and supports the upcoming Scoping Study.

Victory Metals has partnered with Curtin University and the Australian Government to accelerate development of the North Stanmore Heavy Rare Earth Project, positioning Australia as a key player in critical minerals supply.

Nimy Resources is set to present at the Resources Rising Stars Summer Series Conference, highlighting its significant gallium discovery in Western Australia and strategic partnership with US entities to supply this critical mineral for defence applications.

Conico Ltd has finalised a major recapitalisation and corporate restructure, positioning itself for renewed exploration with a focus on scandium amid strong market demand. The company plans an extensive drilling program at its Mt Thirsty project to expand its scandium resource.

Carnegie Clean Energy has made significant strides in its wave energy technology, progressing the ACHIEVE Programme and launching a €4 million EU-funded project to reduce costs, while securing a prestigious Defence innovation award.