Latest Packaging News

Cycliq has secured firm commitments for a $1.5 million placement priced at a steep discount, giving the cycling technology company cash for inventory, AI development and other priorities. The raise also comes with a substantial package of options and further dilution subject to shareholder approval.

Element 25 has started early site works at its Butcherbird Expansion Project in Western Australia, preparing the ground for a planned 1.1Mtpa manganese operation. The milestone shifts the project from planning towards physical construction, although the main construction package is yet to be awarded.

Latrobe Magnesium is shifting its growth priority to a proposed 50 ktpa magnesium plant in South Carolina, backed by 32 ktpa of non-binding customer interest and a 20-year feedstock agreement. The project carries substantial indicative economics, but still needs funding, site acquisition, feasibility work, permits and binding offtake contracts.

Evolution Energy Minerals has moved its Chikundo Copper Project from surface exploration to subsurface testing, with a 3,350-metre reverse circulation campaign now underway in southern Tanzania. The programme will first target the Malachite Pit and main Chikundo anomaly before optional holes assess three additional prospects.

GenusPlus has secured an approximately $160 million contract to deliver balance-of-plant works for a 400 MW / 1.86 GWh battery project at Wodonga, Victoria. Construction is scheduled for completion in late 2028, although the announcement also refers to delivery over the next 18 months.

Minerals 260 has secured an additional $200 million funding package from Franco-Nevada for its 6.2Moz Bullabulling Gold Project, including $170 million in royalty funding and a planned $30 million equity subscription. The deal strengthens project financing, but the future equity raising and higher royalty burden remain important details for shareholders.

NRW Holdings has secured approximately $313 million of additional work across a gold-processing expansion for Ramelius Resources and optional transport infrastructure works in Western Australia. The awards strengthen both Primero's minerals-processing pipeline and NRW's civil construction order book, although contract-level revenue and margin details remain undisclosed.

Kalgoorlie Gold Mining has secured A$2.3 million through a placement and launched a fully underwritten A$1.1 million entitlement offer to fund exploration at its Pinjin Gold Project. The capital will target new drilling at the Lighthorse discovery, where earlier assays included high-grade gold within broader mineralised intervals.

Titomic has secured a US$5.0 million contract to install and commission its TKF 1000 cold spray system at the U.S. Air Force’s Tinker Air Force Base. Delivery is scheduled for the third quarter of 2027, subject to site coordination and approvals.

49 Metals has elevated CEO Phil Carter to Managing Director while shifting Executive Director Oliver Kreuzer into a non-executive and consulting role. The restructure comes with A$265,000 in base pay for Carter and 5 million options exercisable at 25¢ and 30¢.

White Energy has completed its US metallurgical coal and Surat Basin acquisitions, backed by a $15 million placement and a leadership change that puts Nathan Tinkler in the executive chair. The transactions materially expand the company’s asset base, but the announcement provides no production forecasts or development timetable.

Vanadium Resources has secured an oversubscribed A$1.0 million placement to advance studies, site work, offtake discussions and project financing for its planned V-Iron Plant in South Africa. The raise gives VR8 fresh development capital, but the project still depends on a scoping study, binding commercial agreements and a much larger funding package.