Latest Supply Chains News

Sovereign Metals says a low-cost monazite by-product circuit could add US$722 million of pre-tax NPV8 to its Kasiya project in Malawi. The opportunity is commercially striking, but remains a preliminary scoping result requiring further studies, customer qualification, approvals and funding.

Yowie Group has entered FY27 with US$71,000 in cash, a 35% drop in US gross sales and a fully drawn A$4 million working capital facility. The confectionery maker is pursuing an approximately A$6 million two-tranche capital raising while its ASX quotation remains suspended.

Gowing Bros has reported a $3.49 million FY2026 net loss, with Surf Hardware International remaining deeply loss-making and shopping centre values falling by $3 million. The diversified investment group maintained a fully franked 3 cents per share final dividend as cash declined and borrowings increased.

Element 25 has moved its Butcherbird manganese expansion into physical execution, targeting mechanical completion in the first quarter of 2027 while pursuing a much larger battery-materials strategy. The company is also positioning a planned Louisiana HPMSM facility as a US$166 million-supported foothold in non-China supply chains, although financing and permitting remain outstanding.

Mont Royal Resources has begun testing whether Ashram’s mixed rare earth carbonate can be upgraded into separated, high-purity oxides, while a US defence consortium adds strategic visibility to the Quebec project. The company ended September with A$5.03 million in cash after receiving a C$2.22 million Quebec tax credit.

Magontec’s nine-month revenue rose 28.9% to A$59.4 million as stronger electronic anode sales and a recovery in Metals lifted gross profit to A$12.8 million. The turnaround is generating cash before working-capital movements, but Chinese demand, European automotive weakness and near-term debt maturities remain live risks.

EAU Lithium has deepened its technical relationship with Vulcan Energy Resources while the licensed VULSORB technology moves into commercial-scale manufacturing in Germany. The company ended September with A$2.621 million in cash, but its Bolivia strategy remains subject to negotiations and approvals.

Green Technology Metals has completed a key environmental assessment for its Seymour lithium project in Ontario, but has pushed the definitive feasibility study into Q1 2027 as it coordinates permitting and consultation. The company ended September with A$7.8 million in cash and reported an estimated 5.4 quarters of funding at the latest burn rate.

Skin Elements has converted its New Zealand Farmlands agreement into a first NZ$150,000 ECO-Nurture delivery, while A$900,000 in placement proceeds lifted quarter-end cash to A$1.455 million. The commercial progress comes alongside a cost review and a regulatory hurdle still standing between the company and broader national sales.

Lynas Rare Earths has reported its strongest September quarter in years, with sales revenue reaching A$310.1 million and NdPr production hitting a record 2,082 tonnes. The company is also advancing its Meteoric Resources acquisition and other supply-chain investments, although planned Malaysian maintenance will weigh on the December quarter.

Everest Metals has built Mt Dimer’s ROM stockpile to more than 142,000 tonnes while advancing toll processing, a Revere development study and a strategic review of its Mt Edon rubidium project. The company ended September with A$4.1 million in cash, leaving execution and funding as the next tests.

Comvita has moved from NZ$62.4 million of net debt to NZ$0.5 million of net cash in a year, while FY27 first-quarter sales rose 4.6%. The sharper test now is whether its operating reset can convert a stronger balance sheet into durable shareholder returns, with no FY27 dividend expected and board control still contested.