Latest Materials News

Zip Co Limited reported robust April trading with over 40% year-on-year growth in US total transaction value, underpinning a strong profitability turnaround and reaffirming its FY25 cash EBTDA guidance of at least $153 million.

Novo Resources reported a reduced net loss of CAD 1.625 million in Q1 2025, progressing exploration with a new aircore drilling program in Western Australia while facing liquidity challenges that cast doubt on its near-term financial sustainability.

First Graphene has secured a multi-year exclusive deal to supply graphene-enhanced masterbatch for safety boots aimed at Southeast Asia’s mining sector, marking a significant step in commercialising advanced materials in industrial apparel.

Strike Energy’s latest seismic surveys reveal promising exploration and appraisal opportunities at Ocean Hill and Kadathinni, reinforcing its dominant position in the Perth Basin gas market.

Magnum Mining and Exploration Limited has extended the closing date of its non-renounceable entitlement offer by two weeks, giving shareholders more time to consider the capital raising opportunity.

Corella Resources has completed a placement of over 68 million new shares and options, raising an additional $136,876 and pushing total funds raised beyond $1 million. The company has complied with regulatory requirements, signaling a strategic capital boost.

Pier 12 Capital Limited has requested suspension of its securities from the ASX, signaling an imminent delisting from the exchange. This move marks a significant shift for investors and the company’s future trading status.

Canyon Resources has clarified that its recent share price jump stems from a prior port access approval announcement for its Minim Martap Bauxite Project, confirming full ASX compliance.

Eden Innovations’ US subsidiary has secured its first EdenCrete®Pz7 order from Holcim Mexico, marking the product’s expansion to three countries within the Holcim Group’s concrete operations.

Eden Innovations has secured its inaugural order from Holcim Mexico for EdenCretePz7, marking a strategic expansion into a major new market and extending its footprint within the global Holcim Group.

FOS Capital has acquired Melbourne-based lighting design consultancy Glowing Structures for $700,000, aiming to deepen its footprint in the lighting services sector. The deal includes cash and shares, with Glowing Structures’ founder staying on as Managing Director.

The Takeovers Panel has declined Emu NL’s request to review a prior decision, citing insufficient evidence and no compelling case of association. This regulatory setback leaves Emu NL without recourse for now.