Latest Defence News

Healius Limited reported solid half-year results for 1H26, with revenue growth driven by pathology and Agilex Biolabs, alongside significant progress in digital transformation and AI integration.

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.

Li-S Energy has received the first $1.9 million tranche of a $7.8 million ARENA grant and appointed Hatch to lead a feasibility study for scaling up its lithium-sulfur battery manufacturing to 1 GWh capacity.

Black Bear Minerals has confirmed all major permits for its Shafter Silver Project in Texas, clearing a critical hurdle for a near-term restart amid strong silver market dynamics and U.S. strategic support.

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.

Ventia Services Group has won a one-year, $107 million extension to its Defence Maintenance Contract, reinforcing its role as a key partner to the Australian Defence Force with options for further extensions.

American West Metals has commenced a significant diamond drilling program at its West Desert Project in Utah, aiming to grow the largest indium resource in the US and explore high-grade critical metals including gallium and copper.

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.

Askari Metals reports strong Phase 1 trenching results at its 100%-owned Uis Project in Namibia, confirming significant polymetallic mineralisation including tin, lithium oxide, tantalum, rubidium, and caesium. The company plans reverse circulation drilling in Q2 2026 to further define the resource.

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.

Fiducian Group’s FY2026 half-year results reveal robust growth with a 9% rise in funds under management and a 17% jump in underlying net profit, despite ongoing regulatory challenges.

PeopleIN Limited has appointed co-founder Tom Reardon as its new CEO and Managing Director, signaling continuity in leadership as the company reports a robust unaudited EBITDA of $16.1 million.