Latest Materials News

West African Resources Limited has resumed trading on the ASX following a government request to acquire an additional 35% stake in its Kiaka subsidiary, signaling a notable shift in ownership dynamics.

Iris Cairns Property Pty Ltd has announced a delay in its takeover bid for Reef Casino Trust due to extended regulatory approval timelines, signaling a planned extension of the offer period beyond May 2026.

Omega Oil and Gas has secured a significant 19.43% equity interest in Elixir Energy, strengthening its foothold in Queensland’s Taroom Trough ahead of key drilling activities in 2026.

Warriedar Resources has completed its acquisition by Capricorn Metals through a court-approved scheme, with shareholders exchanging their shares for Capricorn stock. The takeover triggers Warriedar’s removal from the ASX next week.

ABx Group has successfully raised over $6 million through a share placement to fund rapid development of its Deep Leads rare earth project and ALCORE pilot plant in Tasmania.

Stakk Limited has expanded its partnership with T-Mobile Money, adding advanced fraud and risk modules to its embedded finance platform, potentially accelerating revenue growth within one of the largest US consumer ecosystems.

Renascor Resources has hit key construction milestones at its Australian Government co-funded Purified Spherical Graphite (PSG) demonstration facility, maintaining schedule for on-site commissioning this quarter. The project aims to establish a competitive, HF-free PSG supply chain outside China.

Mount Ridley Mines has identified seven new high-priority rare earth and gallium target zones forming a 33km untested corridor near existing resources in Western Australia, setting the stage for significant exploration expansion.

Adelong Gold Limited refutes claims by Great Divide Mining of a binding agreement to resolve their Challenger Mines joint venture dispute, leaving the matter unsettled and market watchers cautious.

VRX Silica Limited has raised $2.1 million through a share placement to fund critical pre-construction activities at its Arrowsmith North Silica Sand Project, aiming to strengthen its position in high-quality silica sand markets.

Element 25 Limited is making significant strides in expanding its Butcherbird Manganese Mine, securing $60 million in funding and advancing critical engineering and contract milestones to boost manganese concentrate production to 1.1 million tonnes per annum.

Kaiser Reef Limited is set to commence a substantial drilling program at its Union Hill waste dumps within the Maldon Gold Project, aiming to unlock significant low-grade gold resources and support ongoing processing operations.