Latest Materials News

Vitura Health Limited has acquired Candor Medical, a leading Australian medicinal cannabis clinic, for $5.9 million, significantly boosting its digital health platform and patient base.

Vitura Health has raised $5.1 million from prominent investor Professor Khalil Shahin, marking a significant step towards acquiring Candor Medical and accelerating its digital health expansion.

MTM Critical Metals has announced a breakthrough in recovering gallium and germanium from semiconductor waste using its proprietary Flash Joule Heating technology, achieving recovery rates that rival traditional methods while offering a more sustainable and scalable solution.

Green Technology Metals (ASX: GT1) confirms production of high-quality spodumene concentrate from its Seymour Project in Ontario, reinforcing a streamlined DMS processing approach and advancing project feasibility.

Solis Minerals appoints Mitch Thomas as CEO, shifting Mike Parker to Technical Director, ahead of a major 2025 drilling campaign in Peru's copper-rich belt.

Verity Resources has initiated a pit optimisation study on its Korong and Waihi gold deposits within the Monument Gold Project, aiming to capitalise on rising gold prices and unlock open-pit mining potential.

Evolution Mining Limited has reported a record statutory net profit after tax of $365.1 million for the half-year ended December 31, 2024, driven by strong operational performance and higher gold and copper prices. The company also declared a fully franked interim dividend of 7.0 cents per share, continuing its consistent shareholder returns.

Finder Energy reports excellent progress on its Ikan 3D seismic reprocessing project, with imaging results exceeding expectations and the project on track for completion by end Q1 2025. The enhanced data aims to optimise development wells and de-risk exploration targets, potentially unlocking significant value.

IMDEX Limited reported a significant 84% increase in net profit for the half-year ended December 31, 2024, even as revenue declined by 10%. The company declared a steady interim dividend, underscoring confidence amid mixed financial signals.

Suncorp Group Limited reported a robust half-year result for 1H25, with net profit after tax nearly doubling to $1.1 billion, driven by the sale of Suncorp Bank and strong insurance operations. The company announced a substantial capital return and special dividend, underscoring its disciplined capital management.

Suncorp Group Limited has delivered a strong half-year performance for the period ending December 31, 2024, with significant growth in revenue and net profit, while navigating the ongoing return of proceeds from its Suncorp Bank sale.

BMG Resources has addressed ASX's query on recent share price and volume spikes, confirming no undisclosed information but highlighting imminent assay results from its Abercromby Gold Project.