Latest Defence News

Ventia reported solid HY25 results with profit growth and a 43% dividend increase, underpinned by major contract wins and an upgraded FY25 outlook.

Ventia Services Group has upgraded its FY25 profit guidance following a strong first half marked by record contract wins and an expanded share buyback program.

Ventia Services Group reported a 32.6% jump in half-year profit to $134.5 million despite a slight 1.5% revenue decline, declaring a 10.71 cents interim dividend and upgrading full-year earnings guidance.

Battery Age Minerals has confirmed significant concentrations of rubidium, caesium, tantalum, and gallium alongside strong lithium grades at its Falcon Lake project, highlighting substantial exploration upside.

Critica Limited has confirmed that its Jupiter Project in Western Australia hosts the country’s largest and highest-grade magnet rare earth clay-hosted resource, with 640 million tonnes at 490 ppm MREO. This milestone underscores Jupiter’s strategic potential in supplying critical rare earths essential for clean energy technologies.

OD6 Metals has successfully produced high-quality rare earth products from its Splinter Rock project, positioning itself for premium market payability and strategic global partnerships.

Nagambie Resources has completed a $1.2 million capital raise to fund diamond drilling at its Nagambie Mine, targeting a recent high-grade gold-antimony discovery and updating its mineral resource estimate.

Sun Silver Limited’s latest re-assays from its Nevada Maverick Springs Project reveal extensive antimony mineralisation, reinforcing the potential for a maiden resource estimate and highlighting the project’s strategic importance in critical minerals.

VEEM Limited has renewed a six-year, $65 million contract to supply critical components for Australia's Collins Class submarines, reinforcing its long-standing defence partnership and projecting stronger financial performance in FY26.

PM Capital Global Opportunities Fund Limited reported a robust 33.98% rise in profit after tax to $168.2 million for FY25, alongside a raised fully franked final dividend of 6.0 cents per share. The fund’s portfolio outperformed key benchmarks, reflecting strategic positioning amid structural global economic changes.

Rumble Resources has announced a maiden tungsten resource of 13,200 tonnes of WO3 at its Western Queen Project, complementing its existing high-grade gold assets and highlighting significant growth potential.

Orbital Corporation has denied any undisclosed information behind its recent share price jump, attributing market interest to strategic leadership appointments aimed at expanding its UAV propulsion business.