Latest Security News

Viridis Mining and Minerals has secured a pivotal US$50 million Letter of Support from Export Finance Australia, finalising the export credit agency-led debt package for its Colossus Rare Earths Project. This milestone positions the project to advance towards full funding and a Final Investment Decision in the second half of 2026.

Lion Energy has struck a pivotal farm-out deal with OPIC, securing 88% funding for its 2026 Bula Karang exploration well in Indonesia’s East Seram PSC, significantly reducing its financial exposure while retaining substantial upside.

Locksley Resources has identified a significant high-grade silver and polymetallic mineralised corridor extending nearly 3km at its Mojave Project in California, marking a major step forward in its exploration strategy.

Monadelphous Group Limited has secured a $175 million contract with BHP to deliver critical construction works on a car dumper at Finucane Island, reinforcing its strong partnership with the mining giant.

SGH Ltd and Steel Dynamics have jointly proposed a $13.2 billion acquisition of BlueScope Steel, offering shareholders a significant premium and planning a strategic split of assets between Australia and North America.

Rent.com.au has seen an 80% exercise rate of its listed options, raising nearly $8 million and securing a robust funding position ahead of expected cashflow break-even. This move underscores strong investor backing and sets the stage for accelerated growth.

ChemX Materials Limited has completed its Deed of Company Arrangement and appointed a new board, yet remains suspended from ASX trading while relying on director-related funding. The company is focused on stabilisation and exploring future opportunities.

Auris Minerals Limited has been queried by the ASX following a sharp rise in its share price and trading volume, with the company denying any undisclosed information behind the surge.

Medallion Metals Limited has opened a Share Purchase Plan offering eligible shareholders in Australia and New Zealand the chance to buy shares at a 20.8% discount, aiming to raise $5 million for advancing its Forrestania and Cosmic Boy projects.

Embark Early Education Limited has initiated an off-market takeover bid for Mayfield Childcare Limited, offering shareholders a choice between scrip or cash consideration at a significant premium. The bid aims to consolidate operations and expand Embark’s footprint across Australia’s childcare sector.

Estrella Resources appoints Robert Mencel as CEO, transitioning to Managing Director by mid-2026, to spearhead its limestone and manganese projects in Timor-Leste. The leadership reshuffle aims to accelerate development and operational ramp-up.

Metallium’s US subsidiary has locked in a binding multi-year supply agreement with Glencore for electronic scrap, underpinning the commercial scale-up of its innovative Flash Joule Heating technology in Texas.