Latest Manufacturing News

European Lithium has agreed to acquire US-based titanium company Velta Holding in an all-scrip transaction, marking a strategic diversification beyond lithium into critical materials.

Electro Optic Systems (EOS) reports a record $459 million contract backlog, major new defence contracts including a $120 million laser weapon deal, and a strategic acquisition to boost counter-drone capabilities.

Nexsen Limited has won a $500,000 non-dilutive grant to extend its rapid Group B Streptococcus diagnostic technology into neonatal care, opening a significant new market opportunity.

DroneShield Limited has reported a stellar 277% revenue surge in FY2025, underpinned by a booming SaaS segment and a robust $2.09 billion sales pipeline. The company is scaling manufacturing and capitalising on new US legislation to expand its counter-drone technology footprint.

Axel REE Limited’s latest metallurgical tests have doubled gallium extraction rates at its Caladão Project and revealed the first evidence of scandium co-recovery, signalling a promising new revenue stream.

Ionic Rare Earths’ UK subsidiary has received a £12 million capital grant offer from the UK Government to develop a pioneering rare earth magnet recycling facility in Belfast, aiming to bolster the UK’s sustainable supply chain for critical minerals.

Temas Resources has appointed Nic Matich as a Non-Executive Director to spearhead Australian investor relations and business development, while CFO David Robinson transitions to a full-time executive role to sharpen financial oversight amid the company’s growth and commercialisation push.

Beam Communications has received a US$9.03 million lump-sum payment from Roadpost, fully resolving its Zoleo divestment and dispute. This upfront cash injection accelerates value realisation and clears the way for Beam to focus on its core satellite communications business.

Nanoveu’s subsidiary EMASS has successfully taped out its next-generation 16nm ECS-DoT ultra-low-power Edge AI system-on-chip, now entering production at TSMC. This milestone marks a significant step in scaling their proven 22nm platform to deliver enhanced performance and integration for always-on AI applications.

Botanix Pharmaceuticals reported a robust 28% increase in net revenue for Sofdra in Q2 FY26, driven by a 24% rise in prescriptions and a growing US sales team. The company maintains a strong cash position while navigating higher operating costs.

Enova Mining’s latest auger drilling results from its CODA East project in Brazil reveal significant near-surface mineralisation of titanium, rare earth elements, and niobium, underscoring the project’s growing strategic importance.

Canadian Phosphate Limited has improved its operating cash flow and strengthened its balance sheet through a successful capital raise and asset sale, while advancing key permits and strategic partnerships for its Canadian phosphate projects.