Latest Materials News

Altitude Minerals has locked in a 2,300m drilling permit and contracted a rig to test high-priority copper-gold targets at its Byrock Project in NSW, with drilling set to start mid-June 2026.

Perpetual Resources has verified a continuous pegmatite system across four trenches at its Mauricio Target within Brazil’s Igrejinha Lithium and Caesium Project, tracing a 167-metre strike open in multiple directions. Assay results are awaited ahead of planned drilling.

Nickel Industries has boosted the Sampala Project’s nickel resource to over 1 billion tonnes, reinforcing its position among the world’s largest nickel laterite holders and advancing development with a $144 million acquisition payment due next year.

Arafura Rare Earths has secured A$350 million through a two-tranche placement, backed by major shareholder Hancock Prospecting, to fund the construction of its Nolans Rare Earths Project.

Ionic Rare Earths (ASX: IXR) has secured binding agreements to supply critical rare earth oxides to US-based Advanced Magnet Lab, supporting domestic production of permanent magnets for defence applications under a US Defense Logistics Agency contract.

The Spanish Supreme Court has accepted an appeal that could reshape the permitting process for Highfield Resources’ Muga Project, triggering financing negotiations and legal scrutiny over mining concession procedures.

NoviqTech Limited attributes its recent share price jump and trading volume spike to earlier announcements about pivotal biochar trials and a major carbon removal offtake by Lufthansa Group, affirming its compliance with ASX rules.

Native Mineral Resources (ASX:NMR) recorded its strongest monthly processing since recommissioning in April 2026, with 24,101 dry tonnes milled and a 20% rise in gold recovered. The transition to higher-grade feed from Blackjack Mid Pit and Podosky is set to underpin production gains through FY2027.

Kalamazoo Resources has unveiled a substantial underground Exploration Target at its Peake Deposit, potentially adding up to 380,000 ounces of gold and extending the Ashburton Gold Project’s mine life beyond current plans.

Beach Energy has agreed to sell its 60% stake in the VIC/L35 Otway Basin permit, including the Artisan gas discovery, for $70 million upfront plus a production royalty expected to total around $140 million. The deal frees up over $500 million in capital, allowing Beach to focus on higher-return projects.

Dalaroo Metals gears up for its largest and most integrated exploration program at Blue Lagoon, combining onshore and offshore techniques to probe critical minerals in southern Greenland.

Wide Open Agriculture has agreed with Curtin University to replace its tiered royalty structure with a single 3.5% flat royalty on net sales, streamlining financial planning and enhancing commercial scalability for its lupin protein technology.