Latest Materials News

Platinum Asset Management has entered preliminary talks with L1 Capital about a potential merger that would combine their funds under management to approximately A$18 billion. L1 Capital has also acquired a significant stake in Platinum, signaling serious intent in this strategic consolidation.

Kore Potash Plc's shares have been suspended from trading on the ASX after the company missed its deadline to lodge a draft financing proposal for the Kola Project. The suspension follows a prior trading halt and will remain until regulatory compliance is restored.

Alice Queen Limited has voluntarily suspended trading of its shares on the ASX as it finalises a proposed capital raising, with an announcement expected by 5 May 2025.

ClearVue Technologies has secured its first commercial rooftop contract in Sydney’s CBD, supplying innovative solar glass for the City Tattersalls Club redevelopment to boost sustainability and energy efficiency.

Nanoveu Limited has successfully raised $2.3 million through a share placement to accelerate development and commercialization of its cutting-edge semiconductor, 3D visualization, and solar coating technologies.

The ASX has suspended the securities of Aneka Tambang, MCS Services, and Metalstech due to failure to lodge periodic reports on time, signaling regulatory enforcement and potential market impacts.

DY6 Metals has updated its discovery of high-grade gallium mineralisation at the Tundulu Rare Earth and Phosphate Project in Malawi, revealing significant drill intercepts and ongoing metallurgical testwork that could position the company in a critical minerals market dominated by China.

Australian Strategic Materials (ASM) outlines progress on its Korean Metals Plant ramp-up, strategic plans for a US metals facility, and conditional funding support for the Dubbo Project, reinforcing its mine-to-metals supply chain ambitions.

Eureka Group Holdings has upsized its debt facilities to $185 million with improved terms, enhancing its financial flexibility to expand residential developments across Australia.

Baby Bunting reports a 2.9% year-to-date comparable store sales growth and opens an innovative new store format in Melbourne, raising its FY25 NPAT guidance amid strong early results.

Hammer Metals has identified promising high-grade gold targets adjacent to the multi-million-ounce Bronzewing mine, setting the stage for a significant drilling campaign at its Yandal Gold Project in Western Australia.

Anatara Lifesciences has obtained a $400,000 loan advance from a major shareholder group against its estimated R&D tax refund for the first half of FY2025, providing crucial funding to support ongoing clinical trials and product development without immediate capital raising.