Latest Defence News

Li-S Energy narrows its loss to $1.21 million in H1 2026, propelled by a $7.8 million ARENA grant and key manufacturing milestones including Australia’s first lithium metal foil production line. Strategic defence and aerospace partnerships bolster its commercialisation drive.

Impact Minerals’ 50%-owned Alluminous has hit a key milestone by shipping its first batch of high purity alumina to U.S. battery innovator C4V, advancing pilot plant operations and product qualification.

PWR Holdings Limited has reported a robust half-year performance with revenues climbing 27.8% and net profit rising 38.6%, underpinned by strategic expansion in motorsports and aerospace sectors. The company also announced a higher fully franked interim dividend of 3 cents per share.

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.

Magnum Mining has confirmed that its Piracanjuba Prospect hosts an Ionic Adsorption Clay rare earth element system, revealing high recoveries of strategic metals under mild leaching conditions. This discovery could pave the way for a large-scale, low-cost rare earth operation in Brazil’s Azimuth REE Project.

Codan Limited has reported a robust half-year performance for FY26, with revenue climbing 29% and net profit after tax jumping 55%, underpinned by strong demand in communications and metal detection sectors. The company also announced a 56% increase in its interim dividend, signalling confidence in sustained growth.

Ventia Services Group Limited reported a 23.6% increase in profit after tax for FY25 to $272.2 million, alongside record contract wins and a strong sustainability agenda. The company declared a 12.54 cents per share final dividend, underscoring its commitment to shareholder returns and operational excellence.

NRW Holdings reported a robust first half of FY26, driven by strong segment performances and the strategic acquisition of Fredon Industries, boosting revenue and profits significantly.

Atturra Limited confirms its FY26 revenue and EBITDA guidance, acknowledging a contract termination impact in H1 but optimistic about a stronger second half.

American West Metals has appointed a top Washington DC advisory firm to deepen US government engagement for its West Desert Project, aiming to establish the first domestic indium supply chain amid critical minerals supply risks.

EV Resources has successfully produced its first metallic antimony ingots from the Los Lirios project in Mexico, validating a low-cost smelting process and advancing its strategy to supply the North American market.

Southern Cross Gold has extended its Golden Dyke discovery by 200 metres west at the Sunday Creek project, revealing 16 vein sets including 10 new ones and delivering some of the highest-grade gold results globally.