Latest Defense Supply Chains News

Almonty Industries reported a 221% jump in Q1 2026 revenue to CAD 25.4 million, driven by soaring tungsten prices and ramp-up at its Sangdong Mine, while net loss narrowed to CAD 5.3 million amid strong operational cash flow.

Bayan Mining and Minerals delivers strong rare earth assay results from its Desert Star project, advances permitting and drill planning at Bayan Springs South, and strengthens its leadership and strategic positioning.

American Tungsten & Antimony Ltd (ASX: AT4) has joined the U.S. Defense Industrial Base Consortium, unlocking direct access to Department of War programs and funding opportunities for its antimony and tungsten projects. The company will leverage this to advance its U.S.-focused supply chain ambitions, highlighted by a critical minerals event in Utah this May.

Battery Age Minerals has joined the U.S. Defense Industrial Base Consortium, positioning itself at the forefront of securing critical germanium supply amid escalating export restrictions from China. The company’s dual-continental assets in Austria and Utah and its technology initiatives aim to address strategic vulnerabilities in defence and semiconductor supply chains.

Lynas Rare Earths reported a record A$265 million quarterly revenue in Q3 FY26, driven by higher NdPr prices and production milestones including early Samarium oxide output. The company secured a 10-year Malaysian operating licence and extended a key supply deal with Japanese partner JARE through 2038.

Bayan Mining and Minerals has secured membership in the U.S. Defense Industrial Base Consortium, opening doors to strategic partnerships and funding for its rare earth technologies, including a patented yttrium upgrade process. This move positions Bayan at the forefront of efforts to secure critical mineral supply chains vital to U.S. national security.

Pioneer Minerals has secured membership in the US Defense Industrial Base Consortium, positioning its Idaho-based North Pine tungsten project at the heart of critical mineral supply chain initiatives.

Locksley Resources has produced 99.5% pure antimony trioxide from its Desert Antimony Mine feedstock, marking a key step toward restoring a fully domestic U.S. supply chain for this critical mineral.

6K Additive has secured a US$1.95 million Phase II contract from a U.S. defense agency to develop domestic recycling of critical strategic metals into high-value powders, aiming to reduce reliance on foreign imports.

IperionX has secured a US$0.3 million prototype order from American Rheinmetall to supply lightweight titanium components for U.S. Army combat vehicles, marking a strategic step in reshoring critical materials production.

Metal Powder Works reported a stellar December quarter with a threefold increase in CP-Ti orders, expansion into precious metals, and strategic contracts that position it strongly in defence and advanced manufacturing markets.

IperionX has received the last $4.6 million tranche of a $47.1 million U.S. Department of War award and 290 metric tons of titanium scrap, advancing its plan to scale titanium production in Virginia.