Latest Materials News

Encounter Resources has launched a rapid aircore drilling campaign at its Aileron project, targeting shallow, high-grade niobium and rare earth mineralisation to build on last year’s discoveries and resource base.

Pact Group Holdings has completed a $775 million refinancing of its senior and subordinated debt, extending maturities and reducing near-term refinancing risk while maintaining growth capacity.

Horizon Oil has finalized amendments to its senior debt facility with Macquarie Bank, enabling the acquisition of significant gas assets in Thailand that will add approximately 2,000 barrels of oil equivalent per day to its production.

Ark Mines has launched a detailed metallurgical improvement program at its Sandy Mitchell Rare Earth and Heavy Minerals project, aiming to refine processing techniques and expand its resource base. The work supports a Pre-Feasibility Study due early next year.

Diatreme Resources’ Northern Silica Project has been awarded Major Project Status by the Australian Government, marking a pivotal step in advancing critical minerals development in Queensland. This designation streamlines federal approvals and supports the project’s role in the clean energy supply chain.

Avenira Limited has secured Northern Territory Government approval for its Wonarah Direct Shipping Ore Mine Management Plan, paving the way for first ore shipment by Q4 2025. The project includes infrastructure development and exploration drilling to support future beneficiation.

Trading in Alphinity Global Equity Fund's Active ETF (XALG) has been temporarily halted, with personal trading also paused pending further announcements.

St Barbara Limited updates its FY25 gold production guidance amid temporary mining delays caused by heavy rainfall at Simberi, while maintaining steady cost expectations and financial resilience.

Xanadu Ltd’s major shareholder Zijin Mining has accepted Bastion Pte. Mining Ltd’s takeover offer, pushing Bastion’s stake close to 30% and prompting the Takeover Committee to recommend shareholders accept the bid.

Element 25 has locked in a $50 million senior debt facility from the Northern Australia Infrastructure Facility to expand its Butcherbird manganese project, underpinning supply for its US battery materials plant.

Osmond Resources has confirmed extensive mineralised outcrops spanning 12 kilometres at its Orion EU Critical Minerals Project in southern Spain, while expanding metallurgical test work to include silicon metal, a key EU strategic raw material.

Sarytogan Graphite Limited reports encouraging copper grades from trench sampling at its Baynazar project in Kazakhstan, positioning the Ilkin prospect for imminent drilling. The company plans KGK drilling to test bedrock copper mineralisation, pending funding.