Latest Defence News

OD6 Metals has secured an exclusive option to acquire the Quinn Fluorspar Project in Nevada, boasting ultra high-grade deposits critical to US supply chains. The move complements its rare earth and copper assets, backed by a $3.4 million capital raise.

Northern Minerals has withdrawn its Extraordinary General Meeting and obtained a court order to defer its 2025 AGM until June 30, 2026, allowing more time for regulatory review. This move supports progress toward a key investment decision for its Browns Range rare earths project.

Locksley Resources has reported strong surface assay results from its Desert Antimony Mine in California, confirming continuity of high-grade antimony mineralisation and supporting ongoing drilling efforts.

Sunrise Energy Metals has completed a feasibility study for its Syerston Scandium Project, revealing a low-cost, long-life operation poised to supply critical scandium amid tightening Chinese export controls. The project targets production by mid-2028 with strong government backing and a growing global market.

Pioneer Minerals has reported exceptional uranium surface assay results up to 4,257 ppm U3O8 at its Skull Creek Project in Colorado, advancing the project to drill-ready status with priority concealed targets identified.

Verbrec Limited reports a strong first half of FY2026, with revenue climbing to $46.1 million and EBITDA more than doubling, driven by the strategic acquisition of Alliance Automation.

Metal Powder Works has partnered with CenterLine to develop Kirksite alloy powders for cold spray automotive tooling, targeting a USD 100-300 million market. This collaboration aims to enhance tooling repair speed and cost-efficiency in the automotive sector.

Resolution Minerals has completed the acquisition of the Johnson Creek Tungsten & Antimony Mill and 2,000 tonnes of tungsten ore stockpiles near its Horse Heaven Project in Idaho, positioning itself to fast-track critical mineral production in the US.

Astron Limited has released updated Mineral Resource and Ore Reserve estimates for its Donald Project, highlighting increased production forecasts for critical heavy rare earth elements. The project remains shovel ready, backed by comprehensive feasibility studies and regulatory approvals.

Black Cat Syndicate has announced a 95% increase in antimony resources at its Mt Clement project, alongside substantial gains in silver and lead. The company plans further drilling and an economic study to unlock the deposit's potential.

Electro Optic Systems has locked in a $100 million secured loan facility to fuel growth and support its acquisition of MARSS, positioning the company for expansion in counter-drone technologies.

Senetas Corporation reported a reduced half-year loss with stable revenue, despite export permit delays in the Middle East. The company’s strategic alliance with Nokia and ongoing sovereign encryption developments underpin a positive outlook for FY2026.