Latest Diversification News

RareX Limited and Iluka Resources have progressed to the Request for Proposal stage for the Mrima Hill Niobium and Rare Earths Project in Kenya, backed by a A$1.65 billion Australian Government loan for downstream refining.

Syrah Resources moderated graphite output amid subdued ex-China demand, raised US$72 million to support ramp-up, and advanced Vidalia anode material towards commercial sales in H2 2026.

Pureprofile delivered a record FY26 with $65 million revenue, 25% EBITDA growth, and a 74% surge in platform revenue, driven by international expansion and technology adoption.

Credit Clear Limited has posted a 28% revenue increase to $60 million and a 41% jump in underlying EBITDA to $10.4 million for FY26, beating guidance and driven by organic growth and recent acquisitions in Europe and debt collection.

Ardea Resources pushes back the completion of its Kalgoorlie Nickel Project DFS to pursue optimisation opportunities, while securing strong multi-level government backing and maintaining a robust financial position.

Alpha HPA Limited progresses construction of its flagship Stage 2 facility on schedule and budget, while product demand surges across semiconductor and battery sectors, with forecasts exceeding 50,000 tonnes per annum.

Carnegie Clean Energy has secured $2.5 million through a share placement, attracting new overseas investors to fund expansion of its CETO wave energy technology at BiMEP in Spain and commercial activities in Europe and the US.

MoneyMe ended FY26 with a loan book exceeding $2 billion and achieved positive Normalised NPAT in the second half, supported by strong originations and improved credit metrics.

RLF AgTech is advancing its commercial growth strategy by expanding its nutrition and biologicals portfolio and rebuilding its Australian sales function, achieving a six-fold increase in customer receipts since early 2026.

Plenti Group delivered a record quarter with $536 million in loan originations and maintained strong credit metrics, setting a robust foundation for FY27 growth and profitability targets.

AdNeo Limited achieved a record positive operating cash flow of $451k in Q4 FY26 and secured significant customer contracts, setting the stage for disciplined growth in FY27.

Vysarn Limited reported a record FY26 with NPBT of $20.9 million and operational revenue of $140.1 million, while completing the $50 million NewGround acquisition that boosts pro forma EPS by 26.7%.