Latest Global Markets News

Fonterra has appointed Richard Allen as its new CEO starting 1 May 2026, marking a leadership transition aimed at sustaining strategic momentum and financial discipline. Allen’s deep roots in the cooperative and global experience position him to guide Fonterra’s next chapter.

Magellan Financial Group Ltd (ASX:MFG) has moved closer to fully acquiring Barrenjoey Capital Partners, proposing to increase its ownership to 100% through a share issuance. The transaction, valued at approximately A$1.6 billion, has received positive market response and awaits shareholder and regulatory approvals.

Ardea Resources’ Kalgoorlie Nickel Project has been selected for the Australian Government’s Investor Front Door pilot, providing enhanced regulatory support and access to government financing to advance the project’s development.

Citigroup Global Markets Australia has announced a fully franked dividend for RIO CitiFirst Self-Funding Instalments, with dividend proceeds directed to reduce outstanding loan amounts. The record and ex-dividend dates align with those of RIO ordinary shares.

The Savana US Small Caps Active ETF (ASX:SVNP) posted a 1.28% gain in March 2026, outperforming the S&P 600 benchmark by 1.46%, supported by USD/AUD currency appreciation despite a modest portfolio decline amid geopolitical tensions.

Nexsen Limited (ASX:NXN) has completed its Stage 1 ISO 13485 audit, confirming its Quality Management System (QMS) supports clinical validation and regulatory submissions for its diagnostic products, including StrepSure®. The company is progressing toward full certification and alignment with MDSAP requirements to facilitate global market access.

Microequities Asset Management Group reports a significant decline in Funds Under Management due to global market volatility but maintains strong profitability and liquidity.

POSCO Holdings has postponed its investment decision on Anson Resources’ Green River lithium demonstration plant due to global uncertainties, yet maintains strong collaboration and strategic commitment.

Japan Fluorite Corporation has completed its second $5 million tranche investment in the Speewah Fluorite Project, advancing the feasibility study for Australia's first acidgrade fluorspar operation.

Victory Metals has announced a significant metallurgical breakthrough at its North Stanmore project, achieving over 70% extraction of critical heavy rare earths using a low-cost, low-complexity process. This advancement promises a faster, simpler path to market, setting the company apart in the competitive rare earths sector.

St George Mining has partnered with Spain’s Tecnicas Reunidas to test advanced processing technology on its Araxá rare earths, aiming to unlock European markets alongside existing US and Brazilian alliances.

Astron Limited has completed a Bankable Feasibility Study for Phase 1 of its Donald Rare Earth and Mineral Sands Project, confirming robust economics and advanced financing talks ahead of a targeted Q2 2026 Final Investment Decision.