Latest Security News

Cryosite Limited delivered robust FY26 results with revenue up 18% to $16.7 million and net profit rising 19%, underpinned by a strategic warehouse acquisition that doubled storage capacity and a cool room expansion.

After more than 11 years at the helm, Stewart Tully steps down as CEO of Alliance Aviation, handing leadership to Steven Greenway from October 2026. The transition aligns with Alliance's strategic realignment following a revised wet lease deal with Qantas.

HiTech Group Australia posted a 3.2% revenue decline in FY26 to $65.6 million, with EBITDA down 35%, yet maintains a strong balance sheet and a 4 cent fully franked dividend. The company is progressing its acquisition of Hudson’s Australian operations, aiming to bolster growth and margins in FY27.

The Federal Court has approved the schemes for Energy Fuels to acquire Australian Strategic Materials, setting in motion a series of key dates including trading suspension and shareholder payments.

Zenith Minerals and Forrestania Resources have amended their takeover implementation deed, updating key terms including offer conditions, board changes, and break fees as Forrestania pursues control.

Victory Metals (ASX: VTM) has delivered a robust Pre-Feasibility Study for its North Stanmore rare earth project, confirming a 47 Mt Probable Ore Reserve and strong economics underpinned by low capital intensity and a high-grade mineral resource.

Marquee Resources shareholders rejected key share issues tied to the Tungsten Mountain acquisition, prompting the company to scrap the deal and refocus capital on advancing and monetising its existing portfolio.

Xenitra’s Hong Kong subsidiary Fukang has inked a three-year A$5 million procurement framework for specialised medical nutrition products, broadening its foothold beyond OTC medicines in China’s booming healthcare market.

Brazilian Rare Earths (ASX: BRE) has unveiled a scoping study for its Monte Alto and Camaçari project in Bahia, Brazil, showcasing ultra-high grades and robust economics with a post-tax NPV8 of US$6 billion and a rapid 1.1-year payback.

Heavy Rare Earths Limited has dramatically increased its Subron Rare Earths Project footprint, capturing significant extensions to high-grade heavy rare earth oxide zones with minimal upfront costs.

Adrad Holdings delivered a 15% rise in net profit after tax for FY26, driven by operational efficiency and growth in engineered heat transfer solutions, alongside a 15% dividend increase.

Lowell Resources Fund plans to raise about A$10 million through a wholesale placement of nearly 5 million new units at A$2.01 each, matching its recent distribution reinvestment plan price. A Securities Purchase Plan at the same price will follow, aiming to extend the capital raise to retail unitholders.