Latest Extraction Technology News

Impact Minerals is recasting itself as a high-purity alumina developer, with Lake Hope advancing towards a definitive feasibility study and Alluminous reaching pilot-plant milestones. But the annual report also flags a material uncertainty over funding, while a board refresh and managing director departure add to the company’s transition.

Greenwing Resources has progressed DLE testing at its San Jorge lithium project and pushed its Que River pre-feasibility study into early 2027. But with A$1.807 million in cash and an estimated 1.6 quarters of funding at current outflows, project progress remains tied to new financing or strategic deals.

Foresta has secured acceptance of a Japanese patent for its rosin and terpene extraction technology while moving the Kawerau pine chemicals project through front-end design. But with $2.47 million in cash and estimated funding for 2.65 quarters, the next development stage will bring a financing question into sharper focus.

Battery Age Minerals finished FY26 with stronger cash reserves and drilling progress across Austria and Argentina, but warned that further funding or asset realisations are needed to sustain planned exploration. The company reported a $4.97 million loss, including a $2.60 million non-cash charge linked to its diluted Eminence Minerals holding.

Greenwing Resources has warned of material uncertainty over its ability to continue as a going concern after reporting a $3.90 million loss for FY2026. The result was hit by a $2.23 million non-cash impairment at its dormant Graphmada graphite mine, while cash remains below near-term project commitments.

Lake Resources has reduced Kachi’s estimated capital cost by US$220 million and outlined a 25-year, 25,000-tonne-per-year operation. But the lithium developer still needs further funding, environmental approval, offtake and a final investment decision before construction can begin.

Vulcan Energy has started commercial-scale production in Germany of VULSORB, the proprietary adsorbent at the centre of its planned direct lithium extraction process. The material will supply first-fill volumes for Project Lionheart, although lithium production remains targeted for the second half of 2028.

Ionic Rare Earths is pushing toward commercial magnet recycling in Belfast and the United States, but its FY2026 report flags a material uncertainty over its ability to continue as a going concern. The company reported a larger A$14.9 million loss and A$13.9 million in operating cash outflows, despite government support and new strategic partnerships.

The Calmer Co International Limited has closed a renounceable rights issue, raising $1.82 million before costs with full director participation. The capital will support inventory build, retail expansion with Coles, and ongoing strategic partnerships in kava supply and manufacturing.

The Calmer Co. International Limited posted a record $8.1 million revenue for FY26, driven by retail and wholesale growth, yet recorded a $3.8 million net loss amid ongoing funding challenges and strategic investments.

The Environmental Group Limited (ASX:EGL) posted flat revenue of $112 million for FY26 but saw a sharp 44.7% fall in EBITDA and a $6 million net loss, weighed down by operational disruptions, a major ERP system implementation, and a $3 million goodwill impairment.

Temas Resources posted a CAD 2.63 million loss for H1 2026, driven by ramped-up exploration and RCL technology development, while securing $1.5 million in fresh funding and signing initial RCL licensing contracts.