Latest Materials News

Sims Limited reported a 4.1% rise in FY25 sales revenue to A$7.494 billion and a near tripling of underlying EBIT to A$174.9 million, driven by improved trading margins and strong growth in lifecycle services. The company’s strategic focus on decarbonisation and circular economy positions it well for sustained demand, especially from AI-driven data centre expansion.

Sims Limited reported a 4.1% rise in FY25 sales revenue to $7.49 billion and a 198% surge in underlying EBIT, driven by strong metal trading margins and AI-related demand growth. The company also boosted its fully franked dividend by 130%, signaling confidence despite ongoing market headwinds.

Sims Limited has announced a fully franked ordinary dividend of AUD 0.13 per share for the six months ending June 2025, signaling steady shareholder returns amid ongoing market conditions.

Deterra Royalties Limited has announced a fully franked ordinary dividend of AUD 0.13 per share for the half-year ending June 2025, alongside a Dividend Reinvestment Plan offering shareholders a choice to reinvest without a discount.

Sims Limited reported a 4.1% increase in sales revenue to A$7.494 billion for FY25, alongside a 48.1% jump in underlying EBITDA to A$430 million. Despite a statutory net loss, the company declared a fully franked final dividend of 13 cents per share, reflecting confidence amid market challenges and portfolio reshaping.

Australian Strategic Materials has announced the vesting of over 400,000 performance rights granted to its Managing Director and senior executives, marking a key moment in executive remuneration and potential share dilution.

Highfield Resources faces a setback as China Minmetals and its subsidiary withdraw from a key strategic investment, triggering the maturity of convertible notes and raising questions about the future financing of the Muga potash project.

Latrobe Magnesium secures EPA Victoria approval to begin commissioning and operations at its Hazelwood North Demonstration Plant, moving closer to commercial magnesium oxide production.

EcoGraf Limited has been granted its first Australian patent for its innovative HFfree® purification technology, reinforcing its position in the battery anode materials market. This milestone follows a recent breakthrough that cut purification costs by 25%, boosting the commercial potential of its purification facilities.

Metallium Ltd has made significant strides in developing its first U.S. Flash Joule Heating metal recovery facility in Texas, with major equipment orders, site upgrades, and feedstock procurement advancing commissioning plans.

BlueScope Steel has extended its on-market share buy-back program to August 2026, leaving nearly $240 million still available for repurchases. The move signals ongoing capital management amid a substantial buy-back already executed.

BlueScope Steel’s FY2025 results reveal a dip in revenue and earnings amid challenging market conditions, yet the company maintains robust cash flow and advances its sustainability agenda.