Latest Materials News

Sims Limited reported a 4.1% rise in FY25 sales revenue to $7.49 billion and a 198% surge in underlying EBIT, driven by strong metal trading margins and AI-related demand growth. The company also boosted its fully franked dividend by 130%, signaling confidence despite ongoing market headwinds.

Challenger Gold’s Argentinian subsidiary has obtained the crucial explosives permit to begin drill and blast operations for toll milling at the Hualilan Gold Project, unlocking near-term cash flow potential. The company’s recent Pre-Feasibility Study underscores robust economics, setting the stage for accelerated development.

Sims Limited has announced a fully franked ordinary dividend of AUD 0.13 per share for the six months ending June 2025, signaling steady shareholder returns amid ongoing market conditions.

Metals Australia has dramatically expanded its Lac Carheil Graphite Project resource in Quebec, tripling contained graphite to 5.1 million tonnes and advancing a pre-feasibility study that positions the project as a key player in North America's critical minerals landscape.

The Papua New Guinea Mining Advisory Committee has recommended extending St Barbara's Simberi Mining Lease to 2038, aligning with plans to boost gold production beyond 200,000 ounces annually.

Deterra Royalties Limited has announced a fully franked ordinary dividend of AUD 0.13 per share for the half-year ending June 2025, alongside a Dividend Reinvestment Plan offering shareholders a choice to reinvest without a discount.

Resouro Strategic Metals launches a CAD 2 million private placement to fund engineering work advancing its Tiros project in Brazil, marking a key step toward a Preliminary Economic Assessment.

Sims Limited reported a 4.1% increase in sales revenue to A$7.494 billion for FY25, alongside a 48.1% jump in underlying EBITDA to A$430 million. Despite a statutory net loss, the company declared a fully franked final dividend of 13 cents per share, reflecting confidence amid market challenges and portfolio reshaping.

Kaili Resources addresses ASX price query following a dramatic surge in its share price and trading volume, attributing the movement to its recent rare earth element drilling approval in South Australia.

European Metals Holdings has secured a crucial funding pathway to complete the Definitive Feasibility Study for its Cinovec Lithium Project, combining a A$3 million placement with non-dilutive refinancing options to meet its €5.39 million share of a €11 million cash call.

ClearVue Technologies has responded to ASX concerns after its CEO described previous project pipeline announcements as ‘fairy tales,’ affirming prior disclosures were accurate despite some project setbacks.

Lake Resources has tapped its At-the-Market facility to raise A$1.575 million, aiming to fund key development stages of its flagship Kachi lithium project in Argentina.