Latest Materials News

BSA Limited’s FY26 results reveal a dramatic 89% plunge in revenue following the loss of the nbn contract, yet profit after tax rose 14% to $4.27 million as the company restructured and secured a key Foxtel contract extension.

Castile Resources has released a robust 2026 Scoping Study for its Rover 1 IOCG project, showcasing strong financial metrics and the strategic inclusion of bismuth as a new revenue stream.

InVert Graphite has secured full ownership of RapidGraphite, gaining exclusive rights to RapidPulse technology that promises to transform graphite processing with a rapid, sustainable method. The company raised A$2.5 million to fund scaled-up trials, aiming to integrate this breakthrough with its Tanzanian graphite assets.

Harmoney Corp Limited posted record profits for FY26, driven by strong loan growth, improved margins, and automation gains, while setting ambitious FY27 profit guidance.

Excite Technology Services (ASX: EXT) has secured $3.122 million in sales over June and July 2026, bolstered by government contracts and private sector recurring revenue. The company is also tapping into a growing AI cybersecurity market with a pipeline exceeding $200,000.

Connexion Mobility Ltd reported a 10% revenue increase to US$12.3 million for FY26, driven by its software platform expansion and the acquisition of Hallam Road Automotive. Profit after tax dipped slightly by 1%, while the company continued aggressive share buybacks to enhance shareholder value.

IDT Australia reports a sharp turnaround in FY26 with a 66% reduction in net loss and an 85% improvement in EBITDA, underpinned by a strategic reset and targeted investments in manufacturing capabilities.

Viking Mines reports assay results confirming TOMRA X-ray ore sorting can upgrade tungsten grades by up to 4.1 times and recoveries nearing 93% at its Nevada Linka Project.

Motio Ltd (ASX:MXO) reported a solid FY26 with revenue rising to $9.2 million, a 31% jump in cash EBITDA to $2.5 million, and a net profit before tax of $1.7 million. The company enters FY27 debt free and with forward revenue up 28%, signalling operational leverage and growth potential.

AnteoTech has formalised a strategic alliance with South Korea’s Xerabrid to co-develop and commercialise a breakthrough battery separator combining their proprietary technologies, targeting high-performance applications in eVTOL, EVs, and consumer electronics.

Sparc Technologies launches a $2.5 million capital raise via a Share Purchase Plan and placement to fast-track commercial rollout of its graphene additive ecosparc® and support green hydrogen scale-up.

Western Gold Resources has lifted the Gold Duke Project’s Mineral Resource to 277,000 ounces of gold, marking a 29% increase in contained gold and a significant jump in resource confidence following extensive drilling.