Latest Materials News

Hillgrove Resources has reported outstanding high-grade copper-gold mineralisation from the first underground drill hole at Emily Star, part of the Kanmantoo Copper Mine. These results suggest a promising expansion of mining potential and improved utilisation of existing infrastructure.

Meteoric Resources has confirmed exceptional rare earth recoveries from continuous piloting at ANSTO, producing high-quality Mixed Rare Earth Carbonate and demonstrating effective waste handling. This milestone advances the Caldeira Project towards commercial development and offtake agreements.

Brockman Mining reported a HK$34.6 million loss for FY2025 driven by exploration costs, while progressing key studies and approvals for its flagship Marillana iron ore project in Western Australia. The Group faces liquidity pressures but has secured shareholder loans to support ongoing development.

The XRG Consortium has withdrawn its indicative proposal to acquire Santos Limited, highlighting unresolved regulatory and risk allocation issues. Santos remains confident in its growth strategy, driven by key projects set to boost production and shareholder returns.

Smartpay Holdings Limited shareholders are set to vote on a proposed NZ$1.20 per share cash acquisition by Shift4 Holdings Limited, with the Board unanimously recommending the deal. The scheme offers a significant premium amid regulatory and competitive challenges.

AssetOwl Limited has increased its funding facility with Pacific Equity Investors Inc from $700,000 to $1 million, enhancing its financial flexibility to support recent contract wins.

Mayfield Childcare Limited has responded to ASX concerns over its half-year financial report, addressing a qualified auditor’s opinion linked to related party disclosures while confirming its financial health and ongoing ASX listing.

Carnegie Clean Energy has addressed a sharp rise in its share price and trading volume, attributing the movement to growing interest from US investors amid its wave energy ventures.

Sarytogan Graphite Limited has launched an 1,800m drilling campaign at its Baynazar copper project in Kazakhstan, extending promising trench intercepts and securing additional ground. Concurrently, the company progresses funding and feasibility studies for its flagship graphite asset.

CloudHolter Pty Ltd reported a substantial $39.7 million net loss for FY2025 amid ongoing cash outflows but continues to raise capital through convertible notes as it targets an IPO by year-end.

BPH Global has raised $1.1 million through a private placement to expand its Indonesian seaweed operations and advance innovative R&D projects, positioning itself for growth in sustainable aquaculture and blue economy solutions.

Iondrive Limited has inked a binding Term Sheet with Livium Limited to commercialise its innovative Deep Eutectic Solvent (DES) technology for recycling critical materials from batteries, solar panels, and e-waste in Australia, with a pilot plant set to begin commissioning by the end of 2025.