Latest Strategic Alliances News

Insurance Australia Group Limited (IAG) reported a 91.2% surge in net profit to $778 million for the half year ended December 2024, driven by robust insurance margins and higher investment income. The company also declared a 12-cent interim dividend, signaling confidence in its financial outlook.

Lithium Universe Limited has forged a strategic partnership with Polytechnique Montréal to boost lithium processing expertise and education in Canada, aiming to strengthen the local battery materials supply chain and promote sustainable innovation.

St George Mining has forged a strategic partnership with global EPC leader Xinhai, securing an A$8 million investment and a pathway to fast-track the Araxá niobium-REE project in Brazil.

Vection Technologies has elevated its market position by achieving Dell Technologies' highest partner tier, following a $4 million defence contract extension that underpins its growth in AI and XR solutions.

SportsHero has secured a two-year deal with Indonesia’s third-largest telco, XL Axiata, to market its iGV Family Game Pass, leveraging Direct Carrier Billing to tap into 8.3 million PC gamers. This partnership positions SportsHero at the forefront of Southeast Asia’s rapidly growing esports sector.

Pure Resources Limited has entered a strategic alliance with SSH Group Ltd to accelerate the development of the Reedy Creek Garnet Project, aiming to enhance operational capacity and expedite project milestones.

Alexium International Group reports a 16% sales increase in Q2 FY25 despite ongoing mattress market softness, driven by strategic product diversification and supply chain improvements.

Mayur Resources has made significant strides in its Central Lime and Cement Project, finalising a Community Development Agreement and initiating early construction. The company also secured a decade-long quicklime supply alliance and progressed its Orokolo Bay Industrial Sands Project with a major investment partner.

NoviqTech's December quarter report reveals a strategic $1.05 million capital raise, a significant HBAR token purchase, and expanding partnerships that position the company at the forefront of blockchain-powered sustainability solutions.

CuFe Ltd has completed the sale of its JWD iron ore rights and Crossroads gold royalty, while forging a strategic alliance to advance copper and gold projects in Tennant Creek. These moves position the company for focused exploration and development in 2025.

Tennant Minerals has advanced its high-grade Bluebird copper-gold discovery with an extensive drilling campaign and forged a strategic alliance to accelerate resource development in the Tennant Creek region.

HyTerra Ltd has solidified its position in the emerging white hydrogen sector with a strategic A$21.9 million investment from Fortescue and significant expansion of its Nemaha Project acreage in Kansas. Preparations for a major drilling campaign are underway, signaling accelerated exploration activity in 2025.