Latest Defence News

OD6 Metals is moving to list its shares on the US OTCQB Venture Market to tap growing North American investor interest and highlight its high-grade Quinn Fluorspar Project in Nevada, a critical mineral asset in a 100% import-dependent US market.

HiTech Group Australia posted a 3.2% revenue decline in FY26 to $65.6 million, with EBITDA down 35%, yet maintains a strong balance sheet and a 4 cent fully franked dividend. The company is progressing its acquisition of Hudson’s Australian operations, aiming to bolster growth and margins in FY27.

Heavy Rare Earths Limited has dramatically increased its Subron Rare Earths Project footprint, capturing significant extensions to high-grade heavy rare earth oxide zones with minimal upfront costs.

Adrad Holdings delivered a 15% rise in net profit after tax for FY26, driven by operational efficiency and growth in engineered heat transfer solutions, alongside a 15% dividend increase.

Critica Limited is reshaping its Mt Lindsay Tin-Tungsten Project with an innovative underground mining approach, aiming to reduce surface disturbance and integrate environmental and commercial factors amid strengthening commodity prices.

Almonty Industries launches a US$300 million share repurchase program over three years, aiming to capitalise on undervalued shares ahead of full capacity at its Sangdong mine.

OD6 Metals consolidates progress across its rare earths, copper, and fluorspar assets with strong resource bases and ongoing development activities in Nevada, Western Australia, and New South Wales.

SKS Technologies has delivered a third consecutive year of record growth, lifting FY26 revenue to $348 million and net profit by 93%, driven by a surge in data centre projects and strategic acquisitions.

SRG Global reported record FY26 results driven by strong operational delivery, strategic acquisition of TAMS, and enhanced sustainability governance. The company upgraded its FY27 EBITDA guidance to $195–205 million, supported by a $5.1 billion work in hand and $11.5 billion opportunity pipeline.

Eureka Group Holdings has acquired Townsville Lakes Holiday Park, adding 110 sites and targeting an 18.2% IRR through conversion to long-term rentals amid tight regional housing markets.

Lendlease posted a statutory loss of $749 million in FY26, weighed down by impairments in its Capital Release Unit, while its core Investments, Development, and Construction segments delivered solid operating profits and secured significant new projects.

Dreadnought Resources has validated significant high-grade tungsten mineralisation at its Mangaroon and Mangaroon South projects in WA, with rock chip assays far exceeding typical global grades. Drilling at the key Nina target is slated for late 2026 or early 2027, while systematic mapping and sampling at Mangaroon South will start in September.