Latest Materials News

Aeris Resources has completed the drawdown of a $60 million Guarantee Facility from Washington H. Soul Pattinson, alongside an extension of its Term Facility, freeing up restricted cash and reinforcing its financial flexibility.

Collins Foods Limited has confirmed its FY25 earnings aligned closely with market forecasts, addressing ASX concerns over potential surprises. The company highlighted positive margin outcomes and clarified the impact of a Netherlands impairment.

Magnetite Mines has increased its Razorback Iron Ore Project resource estimate and is advancing strategic partnerships, while early saline water testwork shows promise for green iron production.

SciDev Limited has confirmed winning $21.5 million in new and renewed contracts spanning key industrial sectors, reinforcing its position in specialty water treatment solutions.

The Star Entertainment Group updates investors on stalled negotiations with its joint venture partners over the Destination Brisbane Consortium transaction, facing a looming termination of their binding agreement.

ClearVue Technologies has secured $746,574 through a mix of equity and debt to support its international commercialisation efforts amid shifting market conditions.

Brightstar Resources and Aurumin Limited have entered live merger discussions to consolidate their tenement holdings in Western Australia's Central Sandstone region, aiming to create a major gold development opportunity with a combined resource of approximately 2.4 million ounces.

Brightstar Resources and Aurumin Limited have entered live merger discussions to consolidate their Central Sandstone tenements, aiming to create a major gold development project with a combined resource of approximately 2.4 million ounces. The proposed scrip deal offers Aurumin shareholders a premium, though completion remains uncertain pending due diligence.

3D Energi Limited has updated its prospective gas resource estimates in the Otway Basin, revealing a substantial 9.2 trillion cubic feet (Tcf) of gross recoverable gas across 51 prospects. The company is gearing up for a multi-well drilling campaign in 2025 targeting near-term commercialisation opportunities to bolster East Coast energy security.

Kinterra has increased its takeover offer for New World Resources to A$0.062 per share, positioning its bid as superior and less conditional than rival Central Metals Asia’s scheme proposal. With a significant stake and strategic moves underway, the battle for NWR ownership intensifies.

Titomic’s Netherlands division has secured €800,000 in funding from the Dutch 3D Print Kompas program to advance its Cold Spray Additive Manufacturing technology, aiming to expand R&D and industrial applications across Europe.

Strickland Metals has agreed to sell its Yandal Gold Project to Gateway Mining for A$45 million in equity, enabling a strategic pivot to its flagship Rogozna Project in Serbia. Shareholders will receive most of the Gateway shares via an in-specie distribution, maintaining exposure to Yandal’s upside.