Latest Market News

Latrobe Magnesium has secured a binding $16 million funding deal with Long State Investment to complete commissioning and expand its Demonstration Plant, marking a crucial step towards commercial magnesium metal production.

BPH Global has kicked off direct seaweed exports to China, reporting AUD 535,895 in sales for the latest trading period and expanding its footprint beyond Indonesia.

ABx Group’s ALCORE subsidiary has begun civil construction at its Bell Bay pilot plant, advancing a novel process to produce hydrogen fluoride from aluminium smelter by-products, addressing Australia’s dependence on imports.

State Gas Limited clears a year-long ATO review to access $4.1 million in R&D tax concessions, enabling debt repayment and bolstering cash reserves. Meanwhile, independent certification of 30.2 petajoules of 2P gas reserves at Rolleston West strengthens its development prospects.

WAM Active has posted a staggering 75.5% investment portfolio gain for FY2026, far outpacing benchmarks, and announced increased fully franked dividends including a special payout.

Vectus Biosystems has appointed Cardinal Health Regulatory Services as its US regulatory agent to manage FDA submissions for its lead fibrosis drug VB0004, marking a pivotal step towards clinical development in the US.

WCM Global Growth Limited delivered a stellar 19.28% return in the June quarter, outpacing its MSCI benchmark, while announcing a series of progressive fully franked dividends through FY2027.

Janus Electric has secured a A$10 million order from US fleet Ability Tri-Modal, lifting its North American diesel-to-electric truck conversions to 45 and advancing commercial rollouts in Canada and Australia.

Stelar Metals has revealed multiple rock chip assays exceeding 1% WO3 at its Hill of Leaders Project, marking a significant new tungsten discovery in the Northern Territory. The company is fast-tracking drilling to test the system's scale amid tightening global tungsten supply.

Klevo Rewards has successfully completed a 14-day commercial trial of its stablecoin transaction platform, generating approximately USD 1.22 million in gross revenue and validating its payment capabilities.

Charger Metals has completed the unconditional sale of its Bynoe Lithium Project to Core Lithium’s subsidiary for $3.75 million upfront, with further payments tied to resource milestones and a capped royalty. The deal frees capital for Charger’s Lake Johnston lithium exploration and development plans.

Australian Oil Company (ASX:AOK) is ramping up activity in Queensland's Surat Basin, engaging Energetica Consulting for independent resource assessments and pushing production restarts at Emu Apple and Riverslea fields.