Latest Materials News

Metal Powder Works Limited (MPW) has landed a $1 million contract with the US Navy for its innovative expeditionary DirectPowder™ unit, while expanding its alloy portfolio and customer base amid a $15 million capital raise.

Wellnex Life reported an 18.2% sales decline in Q1 FY26 amid delayed IP licensing revenue and increased costs, while securing new debt facilities and exiting the medicinal cannabis segment.

Red Sky Energy has mobilised drilling equipment to the KN2 well site at Killanoola, with regulatory approvals advancing smoothly and drilling expected to begin soon.

Kalamazoo Resources has significantly increased the Mt Olympus underground gold resource and identified a substantial exploration target, setting the stage for a potential mine life extension at the Ashburton Gold Project.

Power Minerals Limited is set to list on the US OTCQB market following strong investor interest after acquiring the Gamma Heavy Rare Earths and Uranium Project in California, aiming to boost liquidity and visibility in the US capital markets.

Brazilian Critical Minerals has achieved a major environmental milestone at its Ema Rare Earth Elements project, successfully restoring clay chemistry post in-situ recovery trials. This breakthrough supports regulatory approvals and moves the project closer to production.

Euro Manganese is pushing forward an optimization program for its Chvaletice Manganese Project to enhance operational efficiency and reduce costs, aligning with surging global demand for high-purity manganese critical to electric vehicle batteries and energy storage.

Botanix Pharmaceuticals reports a strong start to FY26 with a 50% surge in Sofdra prescriptions and a 65% rise in net revenue, underpinned by a larger sales team and operational efficiencies.

Lincoln Minerals has appointed Chris Wilcox as CEO and Greg English as Chair, marking a strategic leadership overhaul aimed at driving exploration growth across its South Australian mineral assets.

Equinox Resources updates on ongoing judicial review concerning Aboriginal site boundary uncertainties at its Hamersley Iron Ore Project, with court deadlines extended and a final hearing expected by year-end.

Vectus Biosystems has had its ASX trading suspension lifted following the disclosure of a significant transaction involving a compound from its drug library, signaling renewed investor interest.

DGL Group Limited has reported a larger-than-expected FY25 net loss following an increased goodwill impairment and received a Disclaimer of Opinion from its auditor due to inventory and control issues during a major ERP system rollout.