Latest Defense News

WAM Alternative Assets reported a 9.1% investment portfolio return for FY2026 and maintained a 6.0 cents per share dividend, partially franked at 60%. The alternative-assets vehicle also highlighted 24 exits since Wilson Asset Management took over, completed at a weighted average 28.3% premium to net tangible assets.

Nova Minerals has received approximately 500 tons of processing and refining equipment at Port MacKenzie, bringing its planned Alaska antimony facility closer to construction. The company says the delivery arrived ahead of schedule and remains targeting production in 2027.

Lithium Universe’s Pre-Feasibility Study for its Brownsville Lithium Carbonate Refinery reveals robust economics and strategic US positioning, aiming to close North America’s lithium conversion gap.

Everest Metals has appointed Hall Chadwick as exclusive strategic adviser to explore funding and commercial pathways for its Mt Edon rubidium project, focusing on US and allied market opportunities.

Titomic has raised A$16.5 million through an institutional placement priced at a 23.5% discount, aiming to scale its Huntsville facility and accelerate US growth. The company also advanced a US$10 million loan application with the Export-Import Bank and appointed aerospace veteran Jim Chilton to its board.

Energy One Limited (ASX:EOL) reported a robust FY2026 with a 17% increase in recurring revenue and a 51% jump in net profit before tax, while preparing for a transformative acquisition of Gas Management Services Limited to deepen its European market presence.

Nova Minerals has kicked off geotechnical drilling for the West Susitna Access Road after AIDEA approved up to US$25 million in additional funding, aiming to unlock critical mineral development and improve logistics for its Estelle Project and antimony refinery.

Underwood Capital Limited (ASX:UWC) reported a net profit after tax of $0.193 million for FY2026, with net tangible asset backing per share inching up to 9.46 cents. Despite portfolio improvements and active share buybacks, the stock continues to trade below its net asset value.

Computershare delivered solid FY26 results with revenue up 4.6% and management EPS rising 8.6%, supported by growth across core businesses and disciplined cost management. The company increased its final dividend by 29% and outlined CEO pay changes to align with global peers.

Daly Resources advances exploration across 6,451 km² in the Northern Territory, revealing fluorite assays up to 95.1% CaF₂ and significant copper-zinc potential backed by strategic investors and government funding.

archTIS Limited’s FY2026 results reveal a 120% surge in sales revenue to $13.35 million, fueled by the Spirion acquisition, yet losses ballooned to $16.3 million reflecting higher operating costs and integration expenses.

IperionX has landed a second U.S. Army task order worth US$11.5 million to expand its industrial-scale titanium manufacturing capacity in Virginia, advancing its integrated powder-to-part platform for defense applications.