Latest Industrial Applications News

GCM Corporation’s FY26 report charts its shift from explorer to thermal-management manufacturer, with independent VHD validation, 44 products and first reported product sales. But the company remains loss-making, cash-burning and dependent on further funding, while its auditor warns of material uncertainty over going concern.

Talga has signed a non-binding LOI with German battery maker EAS Batteries for a potential five-year supply agreement covering Talnode graphite anode products. No volumes or purchase obligations have been agreed, with product qualification and negotiations now scheduled to run into 2027.

EQ Resources Ltd hit a new revenue peak of A$55.1 million in August 2026, boosted by a 34% jump in tungsten production to 19,068 mtu across its Australian and Spanish mines.

Daly Resources advances exploration across 6,451 km² in the Northern Territory, revealing fluorite assays up to 95.1% CaF₂ and significant copper-zinc potential backed by strategic investors and government funding.

First Graphene lifted revenue by 15% to $537,594 for FY26 while narrowing its net loss slightly to $5.4 million. Key acquisitions and a landmark China cement distribution MOU set the stage for commercial expansion.

Weebit Nano surged to record revenue of $15.3 million in FY26, fueled by key licensing deals and product tape-outs, while investing heavily in R&D and AI initiatives. Despite a $54.9 million loss, a $102 million capital raise leaves the company well-positioned for growth.

Terra Metals has confirmed a substantial extension of its Southwest sulfide discovery at the Dante Project, with new drilling revealing broad, continuous PGM-Cu-Ni mineralisation over a 1,100m strike. Five rigs are drilling aggressively as the company targets a maiden Mineral Resource Estimate by late 2026.

Evolution Energy Minerals has regained full rights to its Chilalo Graphite Project licence in Tanzania, clearing a significant regulatory hurdle and reaffirming its target to begin production by October 2027.

International Graphite is advancing Australia’s first commercial graphite micronising plant at Collie, targeting commissioning by mid-2027. The facility promises a diverse range of superfine graphite products and potential annual EBITDA up to AUD 14.2 million based on current market conditions.

Apollo Minerals scored a legal win as the Administrative Court of Toulouse dismissed an NGO-led challenge that briefly stalled its Couflens tungsten project in France. The ruling removes an immediate obstacle, but an appeal window remains open.

Terra Metals has pushed the boundaries of its Southwest sulfide discovery at the Dante Project, extending the mineralised strike by 150 metres to over 1,100 metres and confirming multiple high-grade reef zones. The system remains open, with ongoing drilling and assay results set to further define this promising PGM-Cu-Ni-Co corridor.

Mount Ridley Mines has lodged a provisional patent for its SelectroTM hydrometallurgical leach technology, demonstrating superior recoveries of rare earths, scandium, and gallium compared to conventional methods. The company is advancing testwork and commercial discussions to capitalise on the innovation.