Latest Market News

Iron Road Ltd has secured a $3 million milestone payment from Amp Energy and made significant progress on its Cape Hardy Industrial Port Precinct and Central Eyre Iron Project slurry pipeline study, reinforcing its strong cash position and strategic development plans.

Tivan Limited has successfully produced ultra-high-purity vanadium pentoxide from its Speewah Vanadium Project, advancing its commercial pathway toward vanadium flow battery applications without relying on costly solvent extraction.

Wesfarmers has announced the wind down of Catch as a standalone business, transferring its e-commerce fulfilment centres to Kmart Group and integrating key digital capabilities into its retail divisions to strengthen omnichannel offerings.

Close the Loop Limited has concluded its exclusivity period with Adamantem Capital without signing binding transaction documents, leaving the potential acquisition uncertain. Shareholders are advised to await further updates as discussions remain open but no deal is confirmed.

iTech Minerals has entered a binding agreement with global lithium giant SQM to jointly develop the Reynolds Range Lithium Project, marking a significant step forward for the Northern Territory asset. This partnership enables SQM to earn up to a 70% stake in lithium rights, backed by a structured investment and exploration program.

Hazer Group has successfully completed its Commercial Demonstration Plant program ahead of schedule, validating its methane pyrolysis technology and securing significant funding to accelerate commercialisation in 2025.

Activeport has successfully closed a $6.1 million capital raise, including a significant placement to new institutional investor MWP Partners, positioning the company for accelerated growth in the global telecommunications and data centre software markets.

Aumake Limited has inked a two-year e-commerce collaboration with Sichuan Airlines, opening access to over 30 million passengers annually and initiating sales with a AU$281,361 purchase order of premium Australian alcohol.

Sun Silver Limited reports exceptional drilling results from its Maverick Springs Project in Nevada, revealing a standout 132.59m mineralised intercept with high silver-gold grades that surpass current resource averages, highlighting significant growth potential.

Catalyst Metals is on track to nearly double its annual gold production to 200koz by revitalising the Plutonic East mine, backed by strong grade control drilling results and a modest A$31 million capital plan.

Nico Resources Limited reports steady progress on its flagship Wingellina nickel-cobalt project, highlighted by successful metallurgical testwork and Major Project Status recognition, despite cautious spending amid weak market conditions.

Korvest Ltd has announced a fully franked ordinary dividend of AUD 0.25 per share for the six months ending December 2024, signaling steady shareholder returns.