Latest Materials News

CurveBeam AI Limited posted a strong 85% increase in revenue to $12.1 million for FY25, alongside a reduced net loss of $16.8 million. Despite operational improvements and a recent $11.58 million capital raise, the company flags material uncertainty over its ability to continue as a going concern.

Mineral Resources Limited has released its inaugural Mineral Resources and Ore Reserves statements for the Pilbara Hub, revealing a substantial 161 million tonnes resource and 50.7 million tonnes reserve at robust iron grades. The inclusion of the Lamb Creek deposit promises to extend the hub’s production profile by five years, pending approvals.

Perseus Mining has reported record FY25 financial results with a 16% rise in profit after tax and announced a 50% increase in dividends alongside a renewed A$100 million share buyback program.

Smartgroup Corporation Ltd reported a solid first half for 2025 with revenue up 7% and net profit rising 11%, powered by strong novated leasing growth amid shifting electric vehicle policies.

Mineral Resources Limited reported a challenging FY25 with a 15% drop in revenue and underlying EBITDA amid weaker commodity prices, while Onslow Iron reached its nameplate capacity, setting the stage for FY26 growth.

Sprintex Limited reported a 26% revenue increase for FY25 but also a 37% rise in net loss, as it accelerates global expansion through key distribution deals and manufacturing upgrades.

Estrella Resources has launched a comprehensive drone and geophysical survey program across its manganese and limestone projects in Timor-Leste, aiming to sharpen geological models and enhance drill targeting ahead of upcoming campaigns.

Coda Minerals reports a metallurgical breakthrough at its Elizabeth Creek project, significantly increasing copper and silver recoveries while reducing costs, leading to a substantial uplift in project economics. The simplified flowsheet excludes cobalt from the base case, lowering risk and positioning cobalt as future upside.

Alcidion Group Limited has reported a transformative FY25 with record earnings, a major NHS contract win, and a robust outlook for FY26. The company’s healthcare technology platform is gaining traction across the UK and Australia, setting the stage for accelerated growth.

Air New Zealand reported a resilient $126 million net profit for FY2025 despite grounding up to 11 aircraft due to engine maintenance issues, while advancing its net zero emissions commitment with a new 2030 guidance.

IGO Limited reported a significant net loss for FY25 driven by a $605 million impairment at its Kwinana lithium refinery and challenging market conditions. Despite setbacks, the Greenbushes operation maintained strong margins, and the company is advancing a refreshed strategy focused on clean energy materials.

Centuria Industrial REIT (ASX – CIP) has announced a $300 million exchangeable notes offering due 2030, alongside a concurrent repurchase of existing notes, aiming to lower debt costs and extend maturity. The move underscores CIP’s strategic capital management amid a complex market environment.