Latest Manufacturing News

Jindalee Lithium Limited's US subsidiary, HiTech Minerals, has signed a binding agreement with Constellation Acquisition Corp I to form US Elemental Inc., a NASDAQ-listed company holding the McDermitt Lithium Project. The transaction values the new entity at approximately US$571 million enterprise value, with Jindalee retaining majority ownership.

Marquee Resources has entered a 24-month patent license and option agreement with UT-Battelle LLC, granting access to advanced rare earth element separation technologies from Oak Ridge National Laboratory. This positions Marquee to explore downstream processing opportunities for its Redlings REE Project in Western Australia.

Locksley Resources has initiated a four-hole diamond drilling program at its El Campo Rare Earth Element Prospect within the Mojave Project, aiming to test high-grade mineralisation continuity near a major US REE mine.

Orora has lowered its FY26 EBIT forecast for its Saverglass business due to direct operational impacts and indirect market shifts stemming from the ongoing Middle East conflict, while maintaining stable guidance for other segments.

DGL Group Limited has agreed to sell two chlor-alkali manufacturing plants for $2.5 million, well below their carrying value, reflecting a $5.3 million impairment charge. The sale aligns with the company’s strategic focus on core operations and is not expected to materially affect ongoing activities.

Vmoto Limited forecasts FY26 sales revenue between $73.5 million and $85 million, marking a 57% to 82% increase over FY25, driven by growing orders, strategic partnerships, and regulatory trends favouring electric motorcycles in key markets.

SPC Global Holdings Limited reported continued improvement in Q3 FY26, with net sales revenue and normalised EBITDA on track to meet full-year guidance. The company is progressing with its Mill Park facility closure and expanding its international footprint, particularly in Asia.

Critical Resources Limited has initiated ground exploration at its Lammerlaw and Croesus projects in New Zealand, focusing on historically significant gold, antimony, and tungsten mineralisation. The company highlights exceptional historic tungsten grades up to 42.6% WO3 and a multi-kilometre gold-antimony trend, with initial results expected in the coming months.

Mesoblast Limited (ASX:MSB, Nasdaq:MESO) has received FDA Investigational New Drug clearance to initiate a pivotal clinical trial of its cell therapy Ryoncil in children with Duchenne Muscular Dystrophy, aiming to address inflammation-driven disease progression.

Lumos Diagnostics has entered a three-year contract manufacturing agreement with Micro-Pak to produce the Mold Analyzer system, marking a transition from development to commercial-scale manufacturing with an initial US$250,000 purchase order.

Grand Gulf Energy is intensifying technical evaluations and exploration activities at its Red Helium Project in Utah following a sharp rise in global helium prices triggered by geopolitical disruptions affecting Qatar's helium exports.

Delorean Corporation has approved the Final Investment Decision for its 100% owned NSW1 Horsley Park Bioenergy Facility, supported by $30.5 million in grants. Construction is planned to start in Q3 2026, pending the securing of $31.6 million in additional funding.