Latest Defence News

Sovereign Metals has delivered a definitive feasibility study (DFS) for its Kasiya Rutile-Graphite Project in Malawi, revealing robust economics, a 25-year mine life, and the potential to become the world’s largest producer of natural rutile and flake graphite, both critical minerals for Western supply chains.

Perpetual Resources has kicked off a maiden field program at its Paraíba Tungsten Project in Brazil, aiming to validate historical tungsten mineralisation and define drill targets in a region known for high-grade tungsten deposits.

QEM Limited is set to acquire two past-producing critical mineral projects in Idaho, backed by a $2.645 million placement. The move aligns with US efforts to secure domestic supplies of fluorspar, tungsten, and niobium amid global supply chain vulnerabilities.

Omnia Metals has made a decisive entry into the US critical minerals market by acquiring the Stibnite Ridge antimony and silver project and staking the Radix rare earth and gallium project in Montana, backed by a $1.5 million capital raise.

Larvotto Resources is progressing the Hillgrove Antimony-Gold Project on time and budget, aiming for mid-2026 production amid rising strategic demand for antimony. The project benefits from grid power, ongoing drilling success, and government support for critical minerals.

Orthocell has secured approval for its Remplir™ nerve repair device to be used across 221 U.S. military and veterans hospitals, marking a major step in its U.S. commercial expansion. The approval follows clinical validation in conflict zones, positioning Orthocell to deepen penetration into defence healthcare.

Duratec's joint venture with Ertech has clinched a $281 million contract to upgrade submarine infrastructure at HMAS Stirling, marking a major step in Australia's AUKUS defence preparations.

Kjerulf David Hastings Ainsworth has taken a sharper stance in his bid for Ainsworth Game Technology, opposing Novomatic’s constitutional takeover protections while nominating a former CEO for the board and pressing for a dividend policy amendment.

Veris Limited has expanded its relationship with Hexagon’s Octave by becoming the authorised geospatial software distributor across Australia and New Zealand, aiming to generate an initial $1.2 million in annual recurring revenue.

Critica Limited has achieved a significant breakthrough at its Jupiter Rare Earth Project, lifting magnet rare earth recovery to approximately 81% and total rare earth oxide recovery to around 71% through pilot plant optimisation. This advance strengthens the foundation for its ongoing scoping study and downstream processing plans.

Senetas Corporation has landed a landmark US$1.7 million deal with a new South American government client, marking its biggest virtual encryption sale and expanding its global footprint. The company also finalised a delayed Middle East transaction, collectively boosting FY2026 profit expectations.

Pioneer Minerals has submitted a crucial Plan of Operations to the US Forest Service, paving the way for drilling at its Springfield Prospect in Idaho. The program targets tungsten, gold, and gallium mineralisation, marking a significant step toward project development.