Latest Materials News

Neometals has invoked a $2.5 million personal guarantee following Omaha Value Holdings' failure to pay $5 million for its Tranche 2 placement, while securing a potential standby debt facility as a financial backstop.

The Federal Treasurer has tightened restrictions on foreign shareholders Real International Resources and Qogir Trading, blocking share disposals without prior approval and reinforcing voting bans amid ongoing compliance concerns.

Altair Minerals has kicked off Phase I diamond drilling at North Peters, part of a fully funded 75,000m exploration program across its Greater Oko gold project in Guyana. The initial 22,600m drilling phase targets high-grade gold mineralisation with plans to expand following assay results.

Lindian Resources has acquired 100% ownership of the SARECO rare earths processing plant in Kazakhstan, accelerating its downstream ambitions, while also clarifying regulatory compliance and licence validity at its Kangankunde project in Malawi.

Sentinel Metals’ first diamond drill hole at Montana’s Columbia Project reveals a robust 46.8m intercept averaging 5.5 g/t gold, including a standout 13.5m at 16.6 g/t, confirming mineralisation extends into fresh rock below historical drilling depths.

Minerals Exploration Limited has reported rock chip assays with gold grades up to 37.4 g/t and tungsten up to 2.63% at its Glenorchy Tungsten Project in Otago, New Zealand. The company plans a maiden drilling program in late 2026, pending regulatory approvals.

BetMakers Technology Group has inked a binding deal for Tabcorp to acquire it at a 45.5% premium, valuing the wagering tech firm at about $283 million. Shareholders can opt for cash or a mix of cash and Tabcorp shares, with completion aimed for Q3 FY27.

Treasury Wine Estates (ASX:TWE) plans a substantial $558.4 million post-tax non-cash charge on US assets as it takes decisive steps to right-size its supply chain. Despite this, FY26 earnings before material items beat expectations, with FY27 guidance maintained.

Accent Resources reports promising dry magnetic separation test results from its Magnetite Range Project, highlighting potential for water-efficient processing and high-grade iron concentrate production.

Broken Hill Mines (ASX: BHM) has delivered a suite of high-grade silver, lead, zinc, copper, and gold intercepts from recent drilling at its Pinnacles Mine open pit area, underpinning ongoing mining operations and a planned resource upgrade by year-end.

Elevate Uranium has pushed back the closing date for acquiring an additional 5% of Marenica Minerals, aiming to raise its ownership in the Marenica Uranium Project to 90%. This move follows a prior 10% acquisition, consolidating the company's control over a key Namibian asset.

Altech Batteries has officially ended its CERENERGY battery project and terminated its strategic partner search, responding to ASX queries about the timing of its disclosures following an unauthorized announcement by a related entity.