Latest Defense News

Arafura Rare Earths has successfully raised approximately A$80 million through a two-tranche institutional placement and launched a A$5 million share purchase plan, strengthening its cash position ahead of the Nolans project final investment decision.

The Lottery Corporation reported a resilient FY25 with $3.7 billion revenue and a 3.1% dividend increase, driven by digital sales growth and strategic game refreshes despite a revenue decline from a record jackpot year.

Transurban Group’s FY25 results reveal a complex financial picture with statutory profit halving but operational EBITDA and toll revenues rising, supported by key infrastructure projects nearing delivery.

Cleanaway Waste Management delivered a robust FY25 with 14.6% EBIT growth and raised FY26 guidance, underpinned by key acquisitions and operational excellence.

Iluka Resources reported a 31% drop in net profit for the first half of 2025, challenged by lower mineral sands prices but buoyed by strong cost controls and early project milestones.

Hancock & Gore has completed a transformative acquisition of UK-based Trutex, creating a global schoolwear group with pro-forma revenues near A$200 million and EBITDA of about A$25 million. This deal marks a strategic repositioning as H&G rebrands to Schoolblazer Limited and consolidates its international footprint.

Encounter Resources reports exceptional rare earth and niobium assay results from diamond drilling at its Crean prospect, reinforcing the Aileron project's status as a critical minerals hotspot in Western Australia.

Region RE Limited reported a modest increase in funds from operations per security to 15.5 cents for FY25, supported by a resilient retail portfolio and strong capital management. The company maintains a positive outlook for FY26 with continued focus on portfolio curation and sustainability initiatives.

Region Group delivered a robust FY25 with a $212.5 million statutory profit driven by property revaluations, steady distributions, and strong portfolio metrics. The REIT also advanced sustainability goals and announced CEO retirement plans, setting the stage for strategic continuity.

Amaero Ltd reported a 470% revenue surge to $3.8 million for FY2025, driven by expanded production capacity and exclusive supply deals, while continuing to invest heavily in infrastructure and operations, resulting in a $24.4 million loss.

Victory Metals has won a $250,000 MRIWA grant to advance its North Stanmore scandium project, positioning itself amid rising global supply risks due to export controls by China and Russia.

Brazilian Critical Minerals Ltd reports exceptionally high rare earth element grades from in-situ recovery trials at its Ema project, confirming economic viability with low capital costs. The breakthrough supports rapid project scaling and strong market potential.