Latest Strategic Shift News

Almonty Industries posted a modest revenue rise in Q1 2025 but faced a steep net loss due to warrant revaluation, while securing key U.S. defense contracts and advancing its flagship Sangdong tungsten mine.

EDU Holdings has secured ASX approval to voluntarily delist, pending shareholder consent, and announced a $12.4 million equal access share buy-back to provide liquidity options for investors.

Besra Gold has appointed David Potter as Chair and Sean Williamson as Director, bolstering its board with seasoned expertise as it transitions from exploration to gold production at the Jugan Project.

Etherstack plc has reported its highest ever half-year cash receipts, surpassing US$7 million in the first half of FY2025, signaling strong momentum and a promising revenue outlook for the year.

Appen Limited reported robust 2024 results with a 16% revenue increase excluding Google and a return to profitability, driven by generative AI projects and China market expansion. The company outlines a confident 2025 strategy focused on AI data quality, operational efficiency, and sustained growth.

Classic Minerals Limited has announced the resignation of CEO Dean Goodwin, effective April 7, 2025, with Chair John Lester stepping in as interim leader. The delayed disclosure raises questions about governance timing.

Peak Rare Earths Limited has agreed to be acquired by Ganzhou Chenguang Rare Earths New Material Co., Ltd., a subsidiary of Shenghe Resources, in a deal valuing Peak at A$150.5 million plus proceeds from a proposed entitlement offer. The transaction offers Peak shareholders a significant premium and aims to accelerate development of the Ngualla Rare Earth Project.

Genetic Technologies Limited has announced significant leadership changes, appointing Michael Walker as Executive Chairman and Managing Director, alongside new executive and board members.

Cleanaway Waste Management has received regulatory clearance from the ACCC to acquire Citywide, marking a significant step in its expansion strategy with completion expected by fiscal year-end 2025.

Kincora Copper Limited reports a strategic pivot to a project generator model, unlocking over A$110 million in partner funding and advancing multiple copper-gold exploration projects across Australia and Mongolia.

Core Lithium has doubled the Grants Ore Reserve by shifting to underground mining, lifting total Finniss Ore Reserves to 10.73 million tonnes at 1.29% lithium oxide. This update supports a robust 10-year mine plan with potential for extended operations.

Aristocrat Leisure reported solid half-year results with a 5.6% rise in normalised net profit after tax and before amortisation to $733 million, underpinned by growth across its gaming and interactive segments. The company also declared an unfranked interim dividend of 44 cents per share.