Latest Materials News

ReNu Energy has agreed to sell its Countrywide Hydrogen Business, including a key Tasmanian green hydrogen project, to a management-controlled entity for up to $1.1 million, pending shareholder approval. This strategic divestment aims to relieve financial pressures and reposition the company as a debt-free vehicle focused on new growth opportunities.

Polymetals Resources Ltd has temporarily paused trading of its securities, signaling an imminent announcement that could reshape investor expectations.

Northern Minerals has completed the second tranche of its placement, raising $41.5 million to advance its Browns Range Heavy Rare Earth Project, focusing on the high-grade Wolverine deposit.

Micro-X Ltd has announced a $6 million capital raising alongside a $2.4 million strategic investment from Billion Prima, underpinning its pivot towards medical imaging and cashflow stability.

Resouro Strategic Metals reports outstanding assay results from its Tiros Central Project in Brazil, revealing high-grade titanium dioxide and rare earth elements that underscore the project's global significance.

Lindian Resources has awarded a $1.3 million contract to Mota-Engil for the construction of a critical access road at its Kangankunde Rare Earths Project in Malawi, marking a key milestone in project development and local infrastructure enhancement.

TMK Energy has reported a staggering 300% increase in gas production in January 2025, setting a new monthly record driven by newly commissioned wells at its Gurvantes XXXV Coal Seam Gas Project.

Toro Energy has completed a critical re-optimisation of the Lake Maitland mining pit, paving the way for detailed mine scheduling as part of its 2025 scoping study update. This progress reflects updated resource estimates and financial assumptions, signaling a key step forward for the Wiluna Uranium Project.

Charger Metals NL has reported promising high-grade lithium intersections at its Medcalf West Prospect within the Lake Johnston Project, alongside initiating a diamond drilling program at the Mt Day Prospect, signalling potential expansion of its lithium resource base.

Petratherm Limited's latest drilling at the Rosewood Heavy Mineral Sand Prospect confirms extensive, high-grade titanium mineralisation over at least 15 square kilometres, reinforcing the project's world-class potential.

Lightning Minerals has appointed Energold Drilling S.A. to commence a 2,000m diamond drilling program at its Esperança lithium project in Brazil, targeting spodumene-bearing pegmatites identified through recent exploration.

Merchant House International Limited has voluntarily suspended trading on the ASX following the resignation of its only Australian director, Ian Burton. The suspension is expected to last until a new Australian director is appointed, anticipated by late February.