Latest Materials News

Amcor plc and Berry Global Group, Inc. have entered into a definitive all-stock merger agreement, positioning the combined entity as a global leader in consumer and healthcare packaging with expected annual synergies of $650 million.

Coventry Group reports a slight dip in H1 FY25 sales but manages a modest EBITDA increase, buoyed by a successful ERP upgrade and strategic growth initiatives.

Sparc Technologies has committed to Stage 2 of its hydrogen joint venture, secured a pioneering patent in Morocco, and progressed graphene additive trials, signaling momentum in its clean energy and materials innovation.

Kogan.com reports robust first-half FY25 results with double-digit growth in sales and profits, driven by strategic marketing and a major digital upgrade at Mighty Ape despite initial setbacks.

IGO Limited has ceased all work on Lithium Hydroxide Plant 2 at its Kwinana Refinery, anticipating a substantial impairment loss in its upcoming half-year financial results.

International Graphite advances its vision of a fully integrated graphite supply chain in Western Australia, securing significant government funding and delivering promising drilling and testwork results at its Springdale project.

Advance Metals has approved an initial diamond drilling program targeting exceptionally high-grade gold zones at its Myrtleford Project, aiming to unlock significant regional potential following a strategic joint venture acquisition.

Australasian Metals Limited reports significant progress in its Dingo Hole Highly Pure Quartz and May Queen South Bauxite projects, including promising gallium assay results, supported by a solid cash position and recent capital raise.

Altech Batteries’ CERENERGY® sodium chloride battery project has secured the highest environmental rating, ‘Dark Green,’ from S&P Global Ratings, highlighting its low emissions and sustainable production. This accreditation opens access to the growing Green Bond market, positioning Altech as a leader in eco-friendly battery technology.

Andean Silver has revealed exceptional high-grade mineralisation at its Cerro Bayo project in Chile, including the highest silver equivalent grades in 40 years, with a resource update expected in Q1 2025.

Synlait Milk Limited projects a return to profitability in HY25 with EBITDA guidance between $58 million and $63 million, underpinned by strategic growth and cost control. The company also enhances its financial incentives to secure South Island milk supply for the next three seasons.

Red Hawk Mining has made significant progress on its Blacksmith Iron Ore Project, submitting a mining proposal and reporting positive sinter test results, while managing tight cash reserves through asset sales and loan negotiations.