Latest Manufacturing Sector News

Merchant House International has completed the sale of its American Merchant Inc textile factory and related assets, securing a substantial profit and concluding its divestment strategy.

Australian Silica Quartz Group's flagship Quartz Hill MGSi Project faces a setback after Quinbrook Infrastructure Partners terminates their development and offtake agreement. ASQ pivots to explore other high-grade quartz targets in Queensland.

Ionic Rare Earths’ Brazilian joint venture, Viridion, has been selected for significant government funding to accelerate rare earth refining and magnet recycling, marking a major step in Brazil’s strategic push for a secure, sustainable supply chain.

Everest Metals Corporation has completed a breakthrough engineering study demonstrating 97% rubidium recovery at its Mt Edon project, advancing Australia’s entry into the global rubidium market with a patented extraction process.

F.F.I. Holdings Ltd anticipates a substantial uplift in its property valuations as of June 2025, driven by rising asset values in both investment and own-use properties.

Ionic Rare Earths, through its Viridion joint venture, has delivered the first recycled rare earth oxides to Brazil’s CIT SENAI ITR, marking a key step toward a domestic magnet supply chain in South America.

Metro Performance Glass reported a net loss for FY25 amid market softness but outlines a clear recovery plan with leadership changes and an equity raise to strengthen its position.

FFI Holdings Limited has announced a pro-rata non-renounceable entitlement offer priced at $3.50 per share, aiming to raise approximately $11 million to support its food manufacturing growth and property investments. The offer closes on 17 June 2025 and is open to eligible shareholders in Australia and New Zealand.

Metal Powder Works has secured a strategic contract with Westinghouse Electric Company to supply metal powders for additive manufacturing in nuclear applications, marking a key step in its growth trajectory.

Tivan Limited and Sumitomo Corporation have formalised a joint venture to develop the Speewah Fluorite Project in Western Australia, marking a major step toward establishing Australia’s inaugural fluorite mining and processing operation.

Kingsland Minerals has appointed GR Engineering Services to lead a scoping study for its Leliyn Graphite Project, aiming to unlock the economic potential of one of Australia’s largest graphite resources. The study, supported by new project management expertise and existing off-take agreements, is set to complete by year-end.

Gale Pacific has sharply downgraded its full-year EBITDA guidance due to tariff-driven demand softness in the US, while its Australia, New Zealand, and developing markets hold steady.