Latest Materials News

Variscan Mines maintains its 49% interest in the Callabonna Project while Chalice Mining steps in to fund and accelerate exploration through a new earn-in deal with Red Metal.

Lachlan Star Limited has provided important clarifications on visible gold imagery from its New Waverley project, confirming high-grade assay results while cautioning on the qualitative nature of visual gold observations.

CuFe Ltd has significantly upgraded the Orlando Copper-Gold Deposit resource classification at Tennant Creek, boosting Indicated tonnes to 87% and enabling underground mining studies. This milestone enhances the project’s economic outlook with critical minerals now factored into upcoming development plans.

Qualitas Real Estate Income Fund (QRI) is set to initiate an on-market buy-back of up to 10% of its units starting April 2026, aiming to address perceived undervaluation and align with sector peers.

Adelong Gold Limited has received a $1.17 million tax indemnity claim linked to alleged fraudulent GST reporting at Challenger Mines, which it plans to dispute. The claim stems from activities predating the current management team.

3D Energi Limited has received a formal buy-out notice from ConocoPhillips to acquire its 20% interest in the VIC/P79 exploration permit, marking a critical juncture in the Otway Phase 1 project.

Barton Gold has commenced a critical drilling program at its Challenger Gold Project, aiming to convert resources to ore reserves and deliver a Stage 1 feasibility study by mid-2026. This marks a pivotal step towards restarting operations and expanding regional development optionality.

QMines Limited has confirmed exceptional gold and silver grades at its Mount Mackenzie Project, revealing a broader hydrothermal system with multiple new exploration targets. The findings suggest significant potential for resource expansion in Central Queensland.

FlexiRoam has broadened its partnership with a top-10 global airline to include critical aircraft connectivity and secured a two-year deal with Malaysian payment innovator Paydibs, underscoring its growing enterprise footprint.

Sims Limited projects a robust FY26 underlying EBIT between $350 million and $400 million, buoyed by strong non-ferrous metal prices and resilient memory chip demand despite geopolitical and market headwinds.

Critical Resources Limited has validated its amorphous solid-state electrolyte, demonstrating stable lithium-metal interface performance over 1,200 hours and efficient ionic conductivity at room temperature, marking a significant step in solid-state battery development.

After an 18-month trading suspension, Lithium Energy Limited has resumed ASX trading, unveiling a diversified portfolio including new gold-copper and lithium brine projects alongside a strategic graphite acquisition.