Latest Materials News

Finexia Financial Group has formally ended preliminary discussions with Salter Brothers regarding a potential reverse listing and is seeking immediate reinstatement of its ASX securities.

James Hardie Industries faces intense scrutiny from the ASX after its share price dropped sharply and trading volumes spiked, prompting urgent questions about undisclosed information.

Latrobe Magnesium Limited has successfully closed its non-renounceable entitlement offer, raising approximately $4 million with Shaw Partners underwriting the shortfall. The new shares are set to begin trading on the ASX on 12 November 2025.

Group 6 Metals has materially improved its debt position by converting warrants under its April 2025 recapitalisation plan, signaling renewed shareholder confidence and operational momentum.

Chimeric Therapeutics has responded to ASX inquiries regarding the disclosure timing and materiality of new clinical data from its ADVENT-AML trial, emphasizing compliance with continuous disclosure rules and the careful verification of promising patient responses.

Eden Innovations has completed the sale of its Georgia property for US$5 million, using the proceeds to significantly reduce its debt and edge closer to completing its financial reconstruction.

Bubs Australia Limited announces it expects to recover A$825,000 from Willis Trading Limited’s secured creditor following arbitration proceedings, while no further recoveries are anticipated from related parties.

Bisalloy Steel Group Limited has announced a fully franked special dividend of AUD 0.164 per ordinary share for the financial year ending June 2025, with key dates set for December.

Aeris Resources has bolstered its financial position by completing an $80 million placement and repaying $40 million of debt early, setting the stage for growth in FY26.

Horseshoe Metals has reported strong shallow copper mineralisation at its Motters Zone, boosting confidence in resource upgrades and paving the way for imminent Direct Shipping Ore operations.

Sarytogan Graphite Limited has secured a $1.4 million top-up placement from the European Bank for Reconstruction and Development, reinforcing confidence in its graphite project and supporting its feasibility study timeline.

Encounter Resources has completed the first tranche of its $25 million share placement, raising approximately $24.5 million to advance its mineral exploration projects. The second tranche, involving shares to a company director, awaits shareholder approval.