Latest North America News

Ava Risk Group expects FY2026 revenue around $29 million, below prior guidance, due to delayed orders mainly in the Middle East and North America. Despite this, sales intake exceeded revenue, underpinning a strong backlog and positive EBITDA.

Lithium Universe (ASX: LU7) reports strong construction progress at Norah Mining's Nigerian spodumene concentrator, securing long-term feedstock and opening interim trading opportunities ahead of its North American refinery launches.

IRIS Metals has launched Phase I field activities at its Finley Basin Tungsten Project in Montana, aiming to validate historical mineralisation with a 7,000m drill program scheduled for Q3 2026.

Etherstack posted a record US$8.5 million revenue in the first half of FY26, hitting the top end of guidance and setting the stage for a 70% full-year growth over FY25. The company’s expanding order book and Communications-as-a-Service rollout underpin a strategic capital review.

Prairie Lithium has taken a major step toward commercial lithium production with the arrival of North America’s largest Direct Lithium Extraction unit at its Saskatchewan project, underpinning its Phase 1 launch and revenue path.

Lithium Universe (ASX: LU7) has made significant progress in its Silver Extraction PV Recycling (SEPR) project by developing a microwave-based delamination process that preserves valuable solar panel materials and reduces energy use. The company is also advancing its lithium refinery plans in North America.

Ioneer has signed non-binding MOUs with Korea’s KIND and Hyundai Engineering, edging closer to a Final Investment Decision for its Rhyolite Ridge lithium-boron project in Nevada.

Rio Tinto has opted out of operating Sovereign Metals' Kasiya project, ending its exclusive marketing rights and allowing Sovereign to pursue a US-focused critical minerals approach. Sovereign aims to secure binding offtake deals with US and allied partners, leveraging Kasiya's strategic minerals for Western supply chains.

Hot Chili Limited has locked in an additional US$15 million in non-dilutive funding from OR Royalties via an expanded net smelter return royalty agreement, adding the pre-resource La Verde project to the Costa Fuego copper-gold portfolio. This deal doubles OR’s commitment to US$30 million and underpins ongoing exploration and development.

PainChek announces the immediate departure of CEO Philip Daffas, with COO Andy Hoggan stepping in as interim leader amid a strategic pivot to boost US market growth following FDA clearance.

Nelson Resources appoints Nicholas Ong to its board while progressing underground drilling at its Gold Point project in Nevada, with assay results pending and a second drilling phase imminent.

Sentinel Metals has locked in a $15 million institutional placement to fund its acquisition of the 1.01Moz Big Springs Gold Project in Nevada, positioning itself as a growing North American gold player.