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.

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.

Zinc of Ireland (ASX: ZMI) has fast-tracked its ARGO technology development to recover germanium, gallium, and indium, targeting early 2027 for pilot plant operations. The move aligns with EU regulatory demands for critical minerals and aims to reduce waste and emissions in zinc smelting.

Pivotal Metals has secured an option to acquire the Bambino Project in Québec, significantly enlarging its high-grade copper-nickel-platinum group metals footprint at the Belleterre district. The acquisition consolidates a 6km mineralised trend and sets the stage for systematic exploration with planned geophysics and drilling.

Barton Gold has kicked off sterilisation drilling at its Tunkillia project while advancing a Pre-feasibility Study targeting early 2027. Recent extensive drilling aims to upgrade resources and underpin a mining lease application.