Latest Strategic Partnership News

Magellan Financial Group reported a 5% rise in operating profit for FY25 despite a 31% drop in statutory net profit, driven by strong growth in assets under management and booming income from strategic partnerships.

Magellan Financial Group reported a 31% drop in net profit after tax for FY25, yet operating profit rose 5%, supported by strategic partnerships and an 8.2% increase in assets under management. The Board declared a special fully franked dividend, signaling confidence in future earnings.

Ovanti Limited has secured a strategic three-year partnership with Shift4 Payments to launch its innovative Buy Now Pay Later services across over 100,000 US merchants, leveraging AI-driven credit models and stablecoin-backed funding.

Lindian Resources has approved the Final Investment Decision for its Kangankunde Rare Earths Project, securing full funding and a strategic partnership with Iluka Resources. The company is raising A$91.5 million via institutional placement to advance development and expansion plans.

Lindian Resources has raised A$91.5 million through a strong institutional placement, enabling the final investment decision for the Kangankunde Rare Earths Project’s Stage 1 development with production targeted for late 2026.

Opthea Limited has terminated its sozinibercept wet AMD program following Phase 3 trial failures and settled a major funding agreement, setting the stage for a strategic reset.

Viridis Mining and Minerals has announced a maiden JORC Probable Ore Reserve of 200.6 million tonnes at the Colossus Rare Earth Project, underpinning a 40-year mine life with exceptional grades and sustainable mining practices.

Stockland delivered a statutory profit of $826 million for FY25, hitting the top end of its guidance, while securing major partnerships and setting the stage for strong earnings growth in FY26.

Aquirian’s subsidiary TBS Mining Solutions has secured a $4.2 million binding term sheet with Papyrus Australia to manufacture biodegradable Collar Keeper® products, marking a significant step towards greener mining operations.

Iluka Resources delivers resilient half-year results amid economic and geopolitical challenges, maintaining solid margins and progressing critical projects like Balranald and Eneabba.

Iluka Resources reported a 31% drop in net profit for the first half of 2025, challenged by lower mineral sands prices but buoyed by strong cost controls and early project milestones.

Orbminco Limited is proposing a 20 – 1 consolidation of its issued shares to streamline its capital structure and broaden investor appeal, with shareholder approval sought in September.