Latest Materials News

Meteoric Resources has released a robust Pre-Feasibility Study for its Caldeira rare earths project in Brazil, highlighting a low-cost, long-life deposit with strong government backing and a targeted production start in 2028.

Meteoric Resources’ Pre-Feasibility Study confirms the Caldeira Project in Brazil as a globally significant rare earths deposit, boasting robust economics, low operating costs, and strong sustainability credentials. The study underpins a 20-year mine life with substantial growth potential amid rising global demand for critical minerals.

Nova Minerals has launched its 2025 drilling campaign at the high-grade RPM deposit in Alaska, deploying multiple rigs to test resource extensions and new targets. Early geological observations suggest significant potential, with assay results awaited in the coming months.

PlaySide Studios has released its unaudited FY25 results, showing revenues just below guidance and an EBITDA loss within expectations amid restructuring. The company remains optimistic about revenue growth and cost savings in FY26, pending the launch of its new title.

M3 Mining Limited reports steady progress at its Edjudina Gold and Victoria Bore Copper projects, alongside significant corporate restructuring and the sale of its energy subsidiary.

Australian Strategic Materials has closed its Share Purchase Plan substantially oversubscribed, raising nearly four times its target to accelerate key growth projects including US expansion and ramping up its Korean Metals Plant.

Patronus Resources has validated the Thunderball uranium deposit as a high-grade asset through a comprehensive re-assay program, with extensional drilling now underway to explore its growth potential in the Northern Territory’s Pine Creek region.

Nanoveu Limited has completed a $2 million capital raise through a strategic placement and exercised options, reinforcing its position in advanced semiconductor and 3D visualization technologies.

Firebird Metals has secured two key patents for its proprietary Lithium Manganese Iron Phosphate (LMFP) battery materials, reinforcing its position in the emerging $20 billion LMFP market. The company’s integrated production approach and expanding IP portfolio set the stage for global growth amid shifting technology controls.

Chemx Materials Limited has successfully completed its Deed of Company Arrangement, exiting external administration and returning control to its directors. Creditors will soon be contacted regarding dividend payments from the creditors trust.

Arika Resources has responded to an ASX price query, confirming no undisclosed information behind recent share price movements and highlighting its active drilling program and recent $5 million capital raise.

Resolution Minerals has addressed ASX concerns over recent share price and volume spikes, attributing the activity to ongoing developments in its US Horse Heaven project acquisition.