Latest Materials News

Advanced Innergy Holdings has tabled a non-binding proposal to acquire Matrix Composites & Engineering at a substantial premium, aiming to cement its foothold in the Asia-Pacific subsea sector.

Matrix Composites & Engineering has received a non-binding, indicative proposal from Advanced Innergy Holdings to acquire all shares at $0.40 each. The offer is conditional and under review by the Matrix board.

Stavely Minerals has issued an amended 2026 Mineral Resource Estimate and Scoping Study, correcting key data omissions and confirming significant growth in its copper, gold, and silver resources. The updated study highlights promising open pit and underground mining potential in Western Victoria.

Impact Minerals has raised A$2 million through a strategic placement to advance its High Purity Alumina project and explore new industrial minerals opportunities in Western Australia.

BrainChip Holdings has inked a global licensing agreement with Korea’s EDGEAI, granting access to its Akida 2 neuromorphic AI technology for EDGEAI’s upcoming semiconductor products. The deal includes milestone payments and royalties, marking a significant step in BrainChip’s global expansion and the growing edge AI market.

Red Mountain Mining has identified five promising antimony drill targets at its Armidale project in NSW, revealing a significant 3km mineralised system. Drilling is set to begin next quarter, with metallurgical results expected soon.

Latitude 66 Limited has completed a significant Phase 2 drilling campaign at its Laverton Gold Project, targeting resource expansion and structural clarity at the Red Dog and Tin Dog prospects. Assay results are expected soon, potentially shaping the project's next exploration phase.

6K Additive has landed a $1.1 million order for its Nickel 718 superalloy powder from a major OEM, underscoring rising demand for advanced metal powders in additive manufacturing across key industries.

Lachlan Star has completed its acquisition of a major interest in the New Waverley Gold Project in Western Australia, with a maiden diamond drilling program scheduled to start next week.

Syrah Resources has successfully closed its institutional entitlement offer, securing A$44 million at a share price of 10.5 cents, with the retail offer now open to shareholders. This capital raise aims to strengthen the company’s financial position as it advances its graphite and anode material operations.

Bass Oil reported steady February production with some operational setbacks in the Cooper Basin, while gaining regulatory approval for the Vanessa gas field acquisition and securing government funding for Kiwi gas development.

1414 Degrees has raised $2.69 million to accelerate its clean energy storage technologies, targeting the booming global data centre market and industrial energy users.