Latest Materials News

European Lithium and Critical Metals Corp have amended their merger terms to replace a fixed share exchange ratio with a floating ratio tied to Critical Metals' NASDAQ share price, potentially increasing shareholder value amid ongoing merger progress.

Solvar Limited posted a 6.2% decline in statutory net profit for FY26 to $29.5 million, while normalised earnings rose 7.5%. The lender declared a 19.5 cents fully franked dividend and expanded its Australian loan book by 10.5%, driven by growth in commercial lending.

Future Metals NL has raised $3.6 million through a two-tranche placement to advance its Panton PGM Project and support ongoing negotiations for the Savannah Nickel Operations acquisition.

Environmental Clean Technologies has secured A$10.6 million in a placement to fast-track commercialisation of its Flash Joule Heating platform and MXene manufacturing, backed by a strategic acquisition and feedstock supply.

Patagonia Lithium’s Well 7 delivers strong porosity alignment between core and gamma surveys, with lithium levels near project averages. Preparations for Well 8 pump testing advance, while plans for Well 9 await regulatory approval.

Sierra Nevada Gold (ASX: SNX) reports exceptional surface rock chip assays up to 15.8% copper and 5.83g/t gold at its As Safra project in Saudi Arabia, identifying a new undrilled copper target and expanding existing zones ahead of a larger Phase 2 drilling program.

The Lottery Corporation reported a resilient FY26 performance despite a rare jackpot drought, extending its Victorian licence by 40 years and unveiling a fresh digital-focused strategy.

Stockland (ASX: SGP) posted a 20.2% jump in statutory profit to $994 million for FY26, driven by record residential settlements and expanded capital partnerships, while maintaining a stable distribution and gearing within target ranges.

European Resources' metallurgical collaboration with ANSTO Minerals has boosted magnet rare earth extraction at Korsnäs from 83% to 92% by removing calcite, highlighting a key processing lever for their Finnish rare earths project.

Coda Minerals is set to begin a focused reverse circulation drilling program at its Oakden prospect, aiming to validate historical shallow copper mineralisation and assess its potential as early mill feed for the Elizabeth Creek project.

NAOS Ex-50 Opportunities Company Limited reported a $3.09 million after-tax loss for FY26 but raised its dividend by 5% and continued an active share buyback, reflecting confidence despite portfolio underperformance.

PC Gold’s latest metallurgical testwork at Spring Hill reveals exceptional gold recoveries at coarse grind sizes, promising lower processing costs and higher throughput. The Pre-Feasibility Study remains on track for mid-November delivery.