Latest Defense News

Felix Gold Limited reports strong new assay results confirming high-grade antimony extensions at its NW Array prospect in Alaska, advancing plans for near-term production aligned with U.S. critical mineral priorities.

Nanoveu’s subsidiary EMASS has initiated live flight tests using the Crazyflie nano-drone to validate simulation results showing over 50% endurance gains from its ECS-DoT AI chip. These trials aim to confirm real-world energy savings and autonomous navigation capabilities with minimal sensors.

Brazilian Rare Earths Limited (ASX – BRE) has announced a maiden JORC-compliant Mineral Resource Estimate for its Amargosa Bauxite-Gallium Project in Bahia, Brazil, revealing a substantial deposit with high-quality bauxite and significant gallium content.

Locksley Resources has gained critical regulatory approval and secured contractors to advance its Mojave Project, accelerating exploration of antimony and rare earth elements in California.

EV Resources is rapidly progressing its Los Lirios Antimony Project in Mexico, defining drill-ready targets ahead of a maiden drilling campaign amid growing global demand for critical minerals.

Chimeric Therapeutics reports encouraging Phase 1B data from its ADVENT-AML trial, showing safety and multiple complete responses in high-risk AML patients treated with CORE-NK combined with standard therapies.

Cobalt Blue Holdings has fully repaid its $1 million promissory note to American Rare Earths, unencumbering its flagship Broken Hill Cobalt Project amid a strengthening cobalt market.

Critical Metals Corp has amended its agreement to increase its ownership of the Tanbreez Rare Earths Project in Greenland to 92.5%, issuing 14.5 million shares to the project founder’s company. European Lithium retains a 7.5% stake as the project advances toward production.

Pengana Global Private Credit Trust (ASX – PCX) has announced an $82 million entitlement and shortfall offer, inviting existing unitholders to subscribe for new units at $2.00 each, aiming to expand its diversified global private credit portfolio.

Austal Limited has reached a confidential equitable adjustment agreement with the US Navy, resolving cost and schedule issues on the T-ATS shipbuilding program and limiting the contract to three vessels.

International Graphite Limited has attracted a significant institutional investment of up to $3 million from Pioneer Resource Partners to fund key development stages of its Springdale Graphite Project and processing operations.

Nova Minerals’ U.S. subsidiary has won a $43.4 million award from the U.S. Department of War to accelerate production of military-grade antimony trisulfide at its Alaska Estelle Project, aiming to strengthen domestic critical mineral supply.