Latest Materials News

Antilles Gold’s Cuban joint venture Minera La Victoria has been hit with US sanctions, prompting a suspension of the company’s direct involvement and halting trading of its shares and options.

Cannindah Resources continues to push the boundaries of its Cannindah Breccia copper-gold deposit with new drilling extending the Southern Shoot and revealing wider, higher-grade zones in both Southern and Northern Shoots, setting the stage for a significant resource upgrade later this year.

Island Pharmaceuticals has expanded its partnership with USAMRIID to conduct a pivotal Galidesivir dose optimisation study against Marburg virus, targeting topline results in the second half of 2026.

Prodigy Gold has won a $112,152 co-funding grant from the Northern Territory Government to drill a 600m hole at its Hyperion Gold Deposit, targeting a major untested geophysical anomaly that could expand the 454,000-ounce resource.

Lithium Universe (ASX: LU7) has demonstrated near-complete recovery of gold and copper from electronic waste using a novel, low-temperature hydrometallurgical process developed by the University of Edinburgh. This breakthrough supports its push into sustainable metal recycling and lithium supply chain projects.

Develop Global has greenlit major investments in its Sulphur Springs copper-zinc and Pioneer Dome lithium projects, backed by a US$400 million financing and offtake deal with Trafigura that also refinances Woodlawn.

Core Lithium has secured a second sale of 25,000 tonnes of lithium fines from its Finniss stockpile to Glencore, adding to A$28.5 million in revenue for 2026 and supporting ongoing development at Finniss.

Charter Hall Long WALE REIT (ASX:CLW) has completed a $2 billion secured debt refinancing, extending its debt maturity profile by 1.6 years and reducing credit margins by 20 basis points, while reaffirming FY26 earnings and distribution guidance.

Elevate Uranium has boosted the Marenica Uranium Project's Mineral Resource by 31% to 52.8 million pounds of U3O8, building on a recent doubling of grade. Ongoing infill drilling and pilot plant processing underpin advancing feasibility studies.

Peninsula Energy has executed a definitive agreement for a US$30 million senior secured convertible note facility with an affiliate of Soul Patts, advancing its financing strategy for the Lance Uranium Project in Wyoming.

Eden Innovations has wrapped up the second tranche of its $4 million institutional placement, issuing over 14 million shares at 18 cents each. The capital injection finalises the raise announced in April, with shares issued under ASX rules and ranking equally with existing stock.

Saferoads Holdings (ASX: SRH) has acquired Chameleon AMLS, adding a new modular trailer product line and appointing its founder Andrew Kaye to the board.