Latest Defence News

PWR Holdings announces a pivotal leadership transition alongside the completion of its new global headquarters, reporting a transitional FY25 with mixed financial results but a confident outlook for FY26.

Hawk Resources has raised A$5 million and secured an option to earn up to 80% of the Olympus Scandium Project in Western Australia, aiming to advance exploration of a large-scale scandium anomaly in a Tier-1 jurisdiction.

Saunders International has landed a $19.8 million contract to build 11 tanks at a gold processing facility, reinforcing its foothold in the resources sector and promising revenue growth over the next two years.

Structural Monitoring Systems Plc faces a high-stakes legal battle as CEO Ross Love and Turton House Group initiate Federal Court proceedings alleging adverse action and whistleblower victimisation.

Liberty Metals has secured an option to acquire three strategically located critical mineral projects in Brazil, targeting high-purity rutile and rare earth elements. This move positions the company in a Tier 1 mining jurisdiction with promising exploration upside.

American West Metals has raised A$7 million at a premium to advance its West Desert Project, home to the largest and highest-grade indium resource in the US. The funding includes a strategic $2 million investment from Tribeca Investment Partners and aims to accelerate critical metals development amid supportive US policies.

Power Minerals Limited (PNN) has been invited to brief the Australian Ambassador to the US on its strategic Gamma Heavy Rare Earths Project in California, underscoring the project's growing importance in Australia-US critical minerals cooperation ahead of the Prime Minister's meeting with President Trump.

Pinnacle Minerals has secured a strategic acquisition of eight critical minerals projects in Idaho and Washington, positioning itself at the forefront of the US critical minerals supply chain. The company also raised $3 million to accelerate exploration and development.

CuFe Ltd has raised $5.4 million through a strategic placement to fund exploration and feasibility studies at its Tennant Creek Copper/Gold project, including a focus on critical mineral bismuth.

Bank of Queensland’s August 2025 APRA Basel III Pillar 3 report reveals stable capital ratios and robust liquidity metrics, underscoring its disciplined risk management amid portfolio growth.

Orpheus Uranium Limited has agreed to acquire the Oobagooma Uranium Project in Western Australia, unlocking significant historical uranium mineralisation and exploration potential in the Canning Basin.

Aurora Labs has partnered with Sovereign Propulsion Systems to advance testing and commercialisation of its novel turbine engines for defence applications, marking a significant step in UAV propulsion innovation.