Latest Materials News

Forrestania Resources has lodged a replacement bidder's statement for its off-market takeover offer of Kula Gold, offering 1 Forrestania share for every 5.6 Kula shares. The Kula board unanimously recommends acceptance, highlighting strategic benefits and operational synergies.

Austin Metals has identified promising new banded iron formation (BIF)-hosted gold targets at its Brunswick Hill Prospect, showing striking geological parallels to Caprice Resources’ high-grade Vadrians Deposit. The company plans targeted drilling in early 2026 to test these high-priority zones within its extensive Austin Gold Project tenure.

Kjerulf David Hastings Ainsworth has initiated an unconditional all-cash proportional takeover offer for 2.9% of Ainsworth Game Technology Ltd shares at $1.30 each, representing a significant premium over recent trading prices and a competing bid by Novomatic.

Identitii Limited has announced a pro rata non-renounceable rights issue to raise approximately $2.88 million, partially underwritten by Beauvais Capital Pty Ltd. The funds will support the development and commercialisation of its BNDRY platform amid ongoing patent litigation risks.

6K Additive has landed a landmark US$27.4 million loan from the US Export-Import Bank, partnering with the Department of War to fund a major expansion in Pennsylvania that will quintuple powder production capacity and create over 50 new jobs.

Volt Resources has initiated a Definitive Feasibility Study for its Alabama Graphite Refinery, aiming to produce high purity graphite by mid-2026 and strengthen US critical minerals supply chains.

Broken Hill Mines is ramping up mining and processing at its high-grade Blackwoods Main Lode ore body, unveiling exceptional drilling results that hint at substantial resource growth beyond current estimates.

Chariot Resources has confirmed high-grade lithium mineralisation at its Fonlo and Iganna projects in Nigeria, with assays returning up to 5.96% lithium oxide. The results reinforce the potential for near-term production and resource expansion within its Nigerian lithium portfolio.

AdNeo Limited’s recent acquisition, Aspire by Catapult, has won a significant $148,000 contract to develop Australia’s inaugural Advanced Diploma in Digital Innovation, marking a strategic expansion in the vocational education sector.

Savannah Goldfields has poured nearly 7kg of doré at its Georgetown Gold Processing Plant, marking steady progress in gold production and setting the stage for upcoming mining at Big Reef and Agate Creek.

Step One Clothing reveals a sharp decline in first-half revenue and a significant EBITDA loss driven by a $10 million inventory write-down, prompting withdrawal of full-year guidance.

Vulcan Energy Resources has raised €398 million through a fully underwritten institutional placement and entitlement offer to fund the construction and commissioning of its Lionheart lithium project, marking a pivotal step from development to execution.