Latest Technology News

Ainsworth Game Technology’s FY25 results reveal a mixed bag: a 9% dip in underlying profit to $21.1 million, a hefty $43.1 million goodwill impairment tied to North America, and a strategic pivot with a new acting CEO. Strong Asia Pacific growth and new product launches contrast with margin pressures and a shrinking cash position.

Macro Metals’ subsidiary Macro Mining Services has landed an exclusive 36-month mining services contract with Metal Logic, supporting the rollout of innovative modular smelting technology in the East Pilbara. The first work package at Poondano Mine is set to start mid-2026, promising regional economic and Indigenous engagement benefits.

Qoria Limited has increased its equity placement to US$100 million, backed by insiders, to support aggressive AI investment and integration with Aura. The combined group reports robust ARR growth and reiterates FY26 guidance amid ongoing merger preparations.

Askari Metals has completed data compilation at its Nejo Gold and Copper Project, setting the stage for a 5,000m maiden drilling campaign targeting high-grade gold and copper. Meanwhile, trenching at its Uis Project in Namibia reveals robust polymetallic mineralisation, including tin, tantalum, lithium, rubidium, and caesium, underpinning plans for RC drilling later this year.

Brazilian Critical Minerals (ASX: BCM) has reinforced the scale and quality of its Ema rare earth project with strong drilling results and steady progress on permitting and feasibility studies, positioning it well amid tightening global supply.

Vulcan Energy has officially started full-scale construction of its Lionheart lithium chemicals facility in Frankfurt, targeting a 2028 commercial production start with a capacity to supply 500,000 EV batteries annually.

Tartana Minerals has raised $4.5 million to accelerate drilling and boost copper sulphate production, underpinning its extensive critical metals portfolio in Far North Queensland.

Dicker Data has formally appointed Fiona Brown as Managing Director while introducing deferred short-term incentives for senior executives, aligning pay with long-term growth and governance standards.

Omega Oil and Gas has secured A$60 million in a strongly oversubscribed institutional placement to fund an upgraded drilling program featuring US-standard horizontal wells and extended flow testing in Queensland’s Taroom Trough.

InteliCare has inked a $200,000 contract to deploy its AI-powered monitoring platform across 65 retirement villas at Warrigal's new development, marking its first foray into the retirement living sector with potential for wider rollout.

Phoslock Environmental Technologies reported a stable sales volume and improved cash flow compared to last year, while ramping up production after reopening its Chinese factory. The company is advancing R&D on a new lanthanum product and faces ongoing legal challenges with mediation set for June.

BPH Global’s Indonesian arm has entered Stage 2 of its collaboration with Indonesia’s National Research and Innovation Agency to develop fucoidan extraction technology and a powdered supplement prototype, targeting commercialisation within months.