Latest Materials News

Silk Logistics Holdings has scheduled its shareholder meeting for August 1 to vote on the proposed $2.14 per share acquisition by DP World Australia, with an independent expert reaffirming the deal’s fairness.

Australian Rare Earths Limited (ASX, AR3) reports strong progress in rare earth recovery and uranium exploration, alongside a successful capital raise and strategic U.S. government registrations.

Scalare Partners Holdings Limited has had its trading suspension lifted following its announcement of a capital raising to fund the acquisition of Tank Stream Labs.

Australian Rare Earths (ASX, AR3) has responded to an ASX price query, denying any undisclosed price-sensitive information and attributing recent trading activity to sector interest and recent company announcements.

Locksley Resources has confirmed multiple new mineralised trends at its Mojave Critical Minerals Project in California, setting the stage for an expanded drilling campaign in Q3 2025. The company’s detailed structural mapping and 3D geological modelling have refined exploration targets for antimony and rare earth elements, aligning with growing US strategic interests in domestic critical minerals.

American West Metals has finalized a binding offtake agreement and secured significant project financing with Ocean Partners, advancing the development of its Storm Copper Project in Nunavut, Canada.

MyEco Group’s CEO Richard Tegoni will remain at the helm for up to another year while the company initiates a broad search for his successor, signaling a pivotal leadership transition in the sustainable packaging leader.

Ionic Rare Earths’ Brazilian joint venture Viridion has secured land and government backing to build South America’s inaugural rare earth refining and recycling centre, aiming to start operations by late 2026.

Prospect Resources has released compelling metallurgical test results from its Mumbezhi Copper Project in Zambia, demonstrating robust, high-grade copper concentrates and strong recoveries that support plans for a central processing hub.

Viridis Mining and Minerals, through its Brazilian JV Viridion, has secured municipal land in Poços de Caldas to build Latin America’s first rare earth refining and recycling centre, backed by strong government support and aligned with Brazil’s critical minerals strategy.

Stavely Minerals reports significant shallow gold mineralisation at Fairview North, with assays revealing broad zones of moderate to high-grade gold and metallurgical tests confirming over 80% gold recovery via low-cost heap leaching.

Gorilla Gold has reported significant high-grade gold assay results from its Mulwarrie Gold Project in Western Australia, extending mineralisation down-plunge by 100 metres and discovering a new footwall lode. The company is preparing an updated Mineral Resource Estimate due in Q3 2025.