Latest Defence News

Berkeley Energia has reported a maiden inferred lithium and rubidium resource at its Conchas Project in Spain, alongside appointing former Endesa CEO José Bogas Gálvez to its board, while continuing a US$1.25 billion arbitration against Spain over its Salamanca uranium project.

American West Metals is progressing its Storm Copper Project towards near-term production while expanding critical metals resources at West Desert, supported by a US$40 million financing and offtake deal.

Nodestream has advanced its defence strategy with key leadership hires, a $6.5 million capital raise, and fresh product launches, while expanding its footprint in the US and European markets.

Axel REE has confirmed a breakthrough in sustainable rare earth extraction at its Woolrich deposit, surpassing previous test benchmarks and preparing for field trials in December 2026.

Lion Rock Minerals has appointed a new leadership team with Sierra Rutile pedigree to drive development at its Minta Monazite & Rutile Project in Cameroon, backed by strong drilling results and a $2 million capital raise.

xReality Group delivered a robust Q4 FY26, with cash receipts up 46% to $6.9 million and net operating cash flow rising 64% to $2.2 million. The company completed a $5.6 million US Department of Defense project on time and secured its first European contract with the Swedish Armed Forces.

OD6 Metals has revealed gold assays up to 6.31g/t at its Quinn Fluorspar Project in Nevada, highlighting a large epithermal mineral system with potential for both epithermal and Carlin-style gold deposits alongside its core fluorspar targets.

Battery Age Minerals has identified multiple priority exploration targets at its Apex Project in Utah, submitted new drilling permits for Austria’s Bleiberg site, finalised a commercial germanium technology licence, and gained entry to a US defense consortium, underpinning its integrated germanium strategy.

Carnegie Clean Energy has made substantial progress on its ACHIEVE Programme, including module assembly and regulatory approvals for ocean deployment in Spain, supported by a $2.5 million private placement to fund commercial expansion.

DroneShield has locked in $23.2 million in European military contracts and launched RfAI-3, its advanced RF detection engine, while upgrading FY2026 revenue guidance to $250-$270 million.

Vection Technologies has turned a corner with its first full-year positive operating cash flow, underpinned by $41.5 million in customer receipts and over $17 million in new orders announced around the year-end.

Southern Cross Gold’s latest drill results from Sunday Creek reveal a 481-metre continuous gold zone connecting the Christina prospect to Golden Dyke and extending into Rising Sun, including multiple high-grade hits up to 496 g/t gold.