Latest Oman News

Alara Resources has successfully closed its entitlement offer, raising AUD 4.95 million through the issuance of over 154 million new shares, exceeding its AUD 3.84 million target and negating the need for partial underwriting.

Orora’s FY26 results reveal a $616.6 million statutory loss driven by a $742.8 million Glass impairment, offset by robust growth in its Cans business and disciplined capital management.

Alara Resources (ASX: AUQ) is set to close its pro-rata non-renounceable entitlement offer on 13 August, aiming to raise approximately $3.84 million at $0.032 per share to support its copper projects in Oman.

Osteopore has inked a three-year distribution agreement with Al-Umnia Medical to bring its 3D-printed orthopaedic implants to five Gulf countries, targeting a rapidly expanding regional market.

Quantum Graphite has cemented a two-decade exclusive ore supply agreement with Sunlands Pure Group, consolidating its downstream processing and refining operations. The company also secured environmental approvals for Sunlands Pure’s Oman refinery and kicked off detailed engineering for its Uley 2 project.

Critical Resources identified 14 pegmatite bodies at Mavis Lake’s Corona Field and confirmed high-grade tungsten and gold systems in New Zealand, while progressing its solid-state lithium-ion battery technology to full-format pouch cells.

Alara Resources has launched a pro-rata non-renounceable entitlement offer to raise approximately AUD 3.84 million, aiming to support ongoing exploration at its Oman copper projects and general working capital.

Alara Resources (ASX:AUQ) is seeking to raise $3.84 million through a pro-rata non-renounceable entitlement offer, partially underwritten by major shareholder ATI. The funds will primarily support exploration and working capital amid ongoing operational progress at its Oman copper projects.

Alara Resources has dispatched its 51st copper concentrate shipment from Oman’s Al Wash-hi Majaza mine, delivering over 7,200 tonnes of contained copper for the 2026 financial year.

Quantum Graphite and Sunlands Pure have cleared a major regulatory hurdle with environmental approvals for their Al Buraimi graphite refinery in Oman, paving the way for large-scale production of high-purity graphite.

Quantum Graphite Limited has secured a binding Ore Supply Agreement with Sunlands Pure Group, consolidating downstream graphite processing and refining under a 20-year exclusive partnership. The deal sets ambitious production targets and pricing safeguards, underpinning Quantum's strategy to scale purified graphite supply for battery anodes and thermal storage markets.

The Primary Court of Ibra in Oman has dismissed all substantive legal claims against Alara Resources' joint venture, affirming the validity of permits and licences for the Al Wash-hi Majaza mine and allowing operations to continue unimpeded.