Latest Materials News

Mayne Pharma Group has proposed a $7.40 per share acquisition by Cosette Pharmaceuticals, with unanimous board support and a fair and reasonable opinion from an independent expert. Shareholders will vote on the scheme on June 18, 2025.

Heavy Minerals Limited attributes its recent share price jump to media coverage about its upcoming Port Gregory Pre-Feasibility Study and confirms compliance with ASX disclosure rules.

Aspen Group announces a $74 million equity raise alongside robust earnings growth and unchanged FY25 guidance, positioning itself for expansion in Australia’s tight housing market.

Peak Rare Earths is poised for acquisition by Shenghe Resources in a deal valuing the company at A$150.5 million, supported by a A$7.5 million entitlement offer to fund ongoing development and transaction costs.

Peak Rare Earths Limited has agreed to be acquired by Ganzhou Chenguang Rare Earths New Material Co., Ltd., a subsidiary of Shenghe Resources, in a deal valuing Peak at A$150.5 million plus proceeds from a proposed entitlement offer. The transaction offers Peak shareholders a significant premium and aims to accelerate development of the Ngualla Rare Earth Project.

Marquee Resources has successfully raised nearly $600,000 through an oversubscribed share placement, signaling strong investor confidence ahead of a key drilling campaign at its Mt Clement project.

AKORA Resources has appointed Peter Bird as its new Managing Director and CEO, marking a strategic leadership change aimed at advancing the Bekisopa Iron Ore Project and securing critical funding and partnerships.

Lanthanein Resources has confirmed primary gold mineralisation at its Lady Grey Project in Western Australia, with diamond drilling intersecting promising grades aligned with prior geophysical and geochemical targets.

The Australian Competition and Consumer Commission (ACCC) has decided not to oppose Cleanaway Waste Management’s proposed acquisition of Citywide Waste, finding the deal unlikely to reduce competition in Melbourne’s putrescible waste services market.

Celsius Resources Limited has launched an offer of up to 423.95 million new options to key placement participants, including Silvercorp Metals and its lead manager, aiming to support ongoing project funding without immediate capital inflow.

Tamboran Resources reports strong progress in its Beetaloo Basin pilot project, completing key wells and securing $70 million to fund drilling and infrastructure, aiming for first gas production by mid-2026.

Anson Resources has gained regulatory approval to re-enter a historic well at its Green River Lithium Project, aiming to deepen the reservoir and advance its lithium resource definition. This move sets the stage for a critical feasibility study that could underpin future lithium production.