Latest Joint Ventures News

International Graphite Ltd (ASX:IG6) has partnered with Alkeemia S.p.A. to establish a graphite processing facility in Italy, aiming for first production in the second half of 2027 and a final investment decision by Q3 2026.

Iron Bear Resources (ASX:IBR) has detailed progress on its Canadian Iron Bear Project, highlighting a robust scoping study, a major joint venture with Vale, and strategic advantages in a growing direct reduction pellet market.

SciDev Ltd has completed a strategic review addressing past underperformance and is refocusing on an integrated water solutions platform targeting core markets. The company confirmed FY26 guidance with revenue of $82 to $87 million and underlying EBITDA of approximately $4 million, while maintaining a sound balance sheet.

Kingfisher Mining has completed significant drilling at its Broken Hill projects, confirming promising copper-gold and silver-lead-zinc mineralisation, with assay results due soon and further exploration planned.

Symal Group is set to significantly boost its defence and resources contracting presence through the $51 million acquisition of Shamrock Civil, a Queensland-based contractor with a $315 million pipeline dominated by defence projects.

Fletcher Building expects FY26 EBIT of $375m-$380m, bolstered by $40m in property sale gains, while executing significant divestments to reduce net debt. The company will withdraw its Moody’s credit rating as it targets a simpler capital structure.

Karoon Energy has pushed back production restoration at the Who Dat E manifold to the second half of 2027, prompting a significant downgrade to its 2026 output forecast. Operational setbacks at Who Dat and weather-impacted Baúna interventions weigh on near-term volumes.

Reach Resources has bolstered its war chest by $800,000 through the sale of non-core lithium assets to Delta Lithium, receiving half in cash and half in shares. This deal terminates their joint venture, cutting future holding costs and sharpening focus on the Murchison South gold project.

Alice Queen’s Project Definition Study for Horn Island reveals robust economics, including a pre-tax NPV of A$706 million and an IRR of 109%, underpinning plans to advance to feasibility stages.

Delta Lithium Limited has acquired key tenements at its Yinnetharra Project, gaining full control over 170 km2 of lithium prospective ground. The company also reports a notable gold occurrence at Mason’s prospect and continues extensive exploration across its large tenure.

Redcastle Resources has formalised its acquisition of a 60% interest in the Kilkenny Belt Package, expanding its tenement holdings by over 6,400 hectares and setting the stage for exploration funded by ongoing mining cash flow.

Centuria Industrial REIT (ASX: CIP) detailed its strategy to expand data centre assets leveraging its urban infill industrial portfolio, aiming for real estate returns through development and long-term leases.