Latest Government Funding News

Strategic Energy Resources has advanced its copper-gold exploration in Queensland through government-backed drilling, a $3 million joint venture program, and a key acquisition from Anglo American, supported by a $2 million capital raise.

Ionic Rare Earths advances its global rare earths strategy with significant UK government funding, increased heavy rare earth oxide production, and a $15.6 million capital raise backed by a strategic US investor.

Latrobe Magnesium successfully commissioned its Demonstration Plant producing magnesium oxide and secured $10 million in funding, while receiving a $200 million financing interest from the U.S. Export Import Bank for its next-stage commercial plant.

Iondrive Limited has advanced its battery recycling ambitions by securing key partnerships in the US and Australia, commencing pilot plant construction, and gaining substantial government funding support.

MyEco Group reported a modest 2% sales increase in Q1 FY26, driven by strong council channel growth that offsets U.S. tariff-related setbacks. Operational restructuring and regulatory tailwinds underpin its medium-term outlook.

Ashley Services reported a challenging FY25 with a 7.3% revenue decline but kicked off FY26 with record quarterly revenues and improved profitability, signaling a strategic turnaround.

Locksley Resources has made significant strides in its US critical minerals strategy, advancing proprietary antimony refining technology and expanding its Mojave Project landholding. The company also completed an oversubscribed capital raise to fund upcoming drilling and downstream processing initiatives.

Great Boulder Resources reports impressive high-grade gold intersections from recent drilling at its Eaglehawk and Ironbark deposits, setting the stage for upcoming resource updates at the Side Well Gold Project.

Nova Minerals has secured a significant US$43.4 million funding award from the U.S. Department of War to accelerate its Estelle Project in Alaska, advancing both gold and antimony development with strong government backing and infrastructure progress.

Everest Metals Corporation has secured mining approvals for its Mt Dimer gold project and initiated resource upgrades at its Mt Edon critical minerals site, while expanding its Revere gold project through strategic acquisition and capital raising.

Viva Energy’s 3Q2025 update reveals modest sales growth driven by commercial fuel demand, refinery margin gains, and ongoing cost-cutting efforts amid leadership changes.

Basin Energy has completed its acquisition of NeoDys Limited, gaining a dominant landholding in northwest Queensland rich in uranium and rare earth elements. The company is poised to commence maiden drilling on three district-scale targets backed by government funding and recent capital raising.