Latest Processing News

Echelon Resources has spudded the second and final well in its Palm Valley appraisal campaign, targeting the south flank of the Northern Territory gas field. The company expects the two wells to restore facility capacity to about 14 TJ a day and support at least 10 PJ of gas production, although both drilling and tie-in work remain incomplete.

Actinogen Medical says its pivotal XanaMIA Alzheimer’s trial remains on course for topline results in November after the final patient visit was completed. The company also reported $15.9 million in cash, a further $5.3 million from option funding and a projected runway into late 2027 or 2028, assuming future trials are substantially partner-funded.

TG Metals has advanced its Van Uden gold development and Lake Johnston lithium project, including a high-return heap-leach study and a maiden 6.71Mt lithium resource. But the ASX explorer ended September with A$1.523 million in cash, equivalent to just 1.05 quarters of funding at the reported spending rate.

Firebird Metals has produced 99.999% ultra-high-purity manganese sulphate at its Hunan pilot plant and started processing ore from its Western Australian Oakover project. The next test is whether the result can be independently replicated with Australian feedstock before the Perth demonstration plant begins commissioning in 2027.

Kingsrose Mining has promoted CEO Andy Caruso to managing director and added him to the board, while proposing a substantial incentive package subject to shareholder approval. The appointment formalises his leadership as the company pursues acquisitions and Scandinavian exploration.

Mount Ridley has lodged a second provisional patent application for an adapted Selectro chemistry targeting industrial metal feedstocks, following first-pass bauxite recoveries of 92% aluminium and 97% iron. Gallium results are still pending, and the process has not yet been optimised for bauxite.

Benz Mining has defined a 100-200 metre-wide mineralised system across the first kilometre of the 3km Icon trend, with stacked gold lenses continuing beyond 500 metres vertically. The results add weight to the company’s push for a maiden Glenburgh resource in Q1 2027, while leaving the critical question of true widths and resource scale unresolved.

Clime Capital has begun a valuation and private debt review after KPMG qualified its FY26 audit over $36.2 million of unlisted unit trusts. The company says it has not identified a material adverse change, but any adjustment to asset values, fees or receivables remains unresolved.

NOVONIX has replaced a binding PowerCo supply agreement covering at least 32,000 tonnes of synthetic graphite with a framework that leaves volume and price unresolved. A new offtake deal will only be negotiated after customer qualification and further certification.

Cleanaway has signed a binding scheme implementation deed for EQT Infrastructure to acquire the waste services group for approximately $9.3 billion. Shareholders are being offered $3.095 cash per share, subject to approvals and any dividends paid before completion.

Northern Minerals will not hold its delayed 2025 AGM or 2026 AGM on 25 November after ASIC granted more time amid suspected non-compliance with federal share disposal orders. Both meetings must now be held by 31 March 2027, unless Treasury confirms compliance earlier.

Core Lithium has reported its longest mineralised intersection yet at the Blackbeard prospect, with diamond hole NMRD104 returning 92m at 1.25% Li2O. The result strengthens evidence of continuity near the Finniss processing plant, although assays remain pending and Blackbeard has no Mineral Resource.