Latest Materials News

ClearVue Technologies has earned Grade A certification for its entire double glass solar glazing range under AS/NZS 2208:2023, confirming the products meet the highest safety standards without compromising solar performance.

Prospect Resources has reported robust metallurgical testwork results from the Kabikupa deposit within its Mumbezhi Copper Project, achieving copper concentrate grades exceeding 25% with recoveries above 94%. These findings bolster the project's processing strategy and underpin upcoming scoping studies.

Provaris Energy has hit a major FEED milestone, submitting its detailed engineering package for the YP-Provaris LCO2 tank to DNV for maritime certification, positioning the company for significant CCS supply chain opportunities.

Pacgold has poured its second gold doré bar at White Dam and is fast-tracking plans to restart mining at Vertigo pit six months ahead of schedule.

High-Tech Metals Ltd has wrapped up a 41-hole reverse circulation drilling program at its Mt Fisher gold project, with assays pending. Early sampling of a carbonaceous stockpile revealed gold grades up to 20.1 g/t, prompting further bulk sampling and metallurgical testwork to evaluate economic potential.

Maritana Minerals has launched a fully funded 60,000-metre resource conversion drilling campaign targeting four key projects to upgrade Mineral Resources and bolster mine planning for the Black Swan Processing Hub.

Bankers Investment Trust reported a 3.7% NAV total return for the half-year to April 2026, outpacing the FTSE World Index, while declaring a 3.1% dividend increase. Fund manager Alex Crooke announced retirement, with Richard Clode set to take the helm.

Li-FT Power Ltd. has obtained a binding call option to acquire the Renard diamond mine site or its owning companies, aiming to repurpose its processing infrastructure for lithium production. The deal hinges on Canadian court approval and involves a significant option fee and care commitments.

Schoolblazer Group has consolidated its fragmented debt into a $110 million multi-currency facility with Westpac, providing significant headroom for growth and lowering its cost of debt.

Otto Energy has launched a formal process to sell its Gulf of America oil and gas holdings, aiming to unlock shareholder value amid favourable commodity prices. The move includes key assets South Marsh Island 71 and Green Canyon 21, with no set timeline or guarantee of sale completion.

The Supreme Court of New South Wales has approved the scheme of arrangement for SDI Limited’s acquisition by Beijing Guoci’s subsidiary, paving the way for a cash payout and ASX suspension.

RTO Limited reported a net loss of NZD 173,831 for the year ended 31 March 2026, remaining inactive while actively seeking a reverse takeover target. The company faces going concern uncertainty but secured shareholder support with a $200k loan agreement post-year-end.