Latest Materials News

Antares Metals Ltd has reported outstanding copper assay results from its initial RC drilling phase at the Surprise Copper Project in Queensland, confirming the presence of high-grade mineralisation and unveiling promising new exploration targets.

Adore Beauty Group reports a solid H1 FY25 performance with a 2.3% revenue increase and a remarkable 126% rise in EBIT, underpinned by a strategic omni-channel expansion and successful iKOU integration.

Lendlease Group has reported a robust turnaround in its half-year results, posting an operating profit after tax of $122 million and advancing its strategic capital recycling initiatives. The company is on track to reduce gearing and enhance operational efficiency amid ongoing market challenges.

Eden Innovations has landed a significant second order from Holcim Ecuador for its EdenCrete® Pz7 concrete additive, underscoring growing global interest in its low-carbon concrete solutions.

Gorilla Gold has reported compelling new high-grade gold intercepts at its Comet Vale Project, revealing a continuous gold zone beyond the current resource boundary. The ongoing drilling campaign aims to further define this emerging discovery, potentially reshaping the project's growth trajectory.

International Graphite's Springdale Project achieves over 99.95% purity in graphite purification tests coordinated by Marubeni, signaling strong potential for battery market supply.

BlueScope Steel reported steady revenue of $8.59 billion for the first half of FY2025, maintaining solid earnings despite challenging raw material costs and subdued housing demand. The company’s diversified operations and ongoing capital investments underpin its resilience amid market headwinds.

BlueScope Steel reported a resilient $309 million underlying EBIT for 1H FY2025 despite depressed steel spreads, announcing a 30 cents per share interim dividend and extending its buy-back program. The company is targeting a $500 million incremental EBIT uplift by 2030 through cost initiatives and strategic growth projects.

Bluescope Steel Limited has announced a fully franked interim dividend of AUD 0.30 per share, reflecting confidence in its financial position for the half-year ending December 2024.

The a2 Milk Company Limited has reported solid revenue and profit growth for the half-year ending December 2024, alongside a confident dividend declaration reflecting its strengthened financial position.

Entyr Limited has extended the closing date for its capital raising offers to 3 March 2025, providing investors additional time to participate in new share and option subscriptions.

Osteopore Limited has drawn down A$2 million from the first tranche of its redeemable convertible notes, using the proceeds to repay existing loans and support ongoing business activities.