Latest Offtake News

Tungsten Mining has engaged Cutfield Freeman to lead debt financing efforts for its Watershed Tungsten Project, following a robust Preliminary Economic Evaluation and targeting a Final Investment Decision in September 2026.

PLS Group Limited delivered a robust FY26 with record lithium production, strong cash flow, and progress on key expansions including the Ngungaju Plant restart and P2000 feasibility study.

Viridis Mining and Minerals completes a Definitive Feasibility Study for its Colossus Rare Earth Project, confirming strong economics and project readiness, while securing $120 million in equity funding to advance into execution.

Finder Energy’s KTJ offshore development in Timor-Leste has achieved a key milestone with an independent classification of 22.2 million barrels of 2P reserves, underpinning its push toward a Final Investment Decision.

SCX.ai Holdings Limited is set to raise $40 million through a fully underwritten IPO at $0.30 per share, aiming to scale its sovereign AI inferencing platform built on ASIC hardware within Australian data centres. The company targets the fast-growing AI IaaS market with a focus on secure, low-latency AI workloads.

Horseshoe Metals has started Direct Shipping Ore operations at its Horseshoe Lights Copper-Gold Project, aiming for initial sales in October and December 2026 to fund further development.

Kinetiko Energy’s South African subsidiary has locked in a $1.26 million cash agreement with Mulilo, resolving land-use conflicts and gaining a potential gas supply edge for a major wind energy project.

European Lithium and Critical Metals Corp have amended their merger terms to replace a fixed share exchange ratio with a floating ratio tied to Critical Metals' NASDAQ share price, potentially increasing shareholder value amid ongoing merger progress.

Equus Energy's Pre-FEED study confirms a robust, phased development plan for its Equus Gas Project, targeting LNG, domestic gas, and condensate production with strong economic returns.

Buru Energy has boosted its Ungani oil field’s 2C Contingent Resources by around 200%, lifting recoverable oil estimates to 660,000 barrels while exploring new, lower-cost production and local refining options.

Avenira Limited has launched trading of rights for its renounceable rights issue, offering shareholders flexibility ahead of key development milestones at the Wonarah Phosphate Project.

BCI Minerals edges closer to first salt shipment at its Mardie Project, with crystallisation underway and 85% construction complete. The company maintains full funding and advances its sulphate of potash opportunity alongside robust sustainability initiatives.