Mining

The equity raising comprises two components: a A$150 million ASX institutional placement issuing approximately 84.3 million new shares, and a Canadian bought deal private placement raising approximately C$29.6 million, or around A$30 million, via the issue of 16.8 million new shares. Both components are …

Annual revenue increased to $977.9 million, from $556.5 million in FY25, while Net Profit After Tax rose to $222.4 million, from $8.0 million in the prior year. The result was supported by a record average selling price of $80.7/kg REO across all rare earth …

The upgraded Inferred Mineral Resource stands at 946Mt at 50.1 ppm scandium (76.8 ppm Sc2O3), for 47,357 tonnes of contained scandium metal and 72,637 tonnes of contained Sc2O3, reported at a 25 ppm cut-off. The resource comprises two blocks defined along the same geological …

Revenue increased to a record $807.5 million, from $404.3 million in FY25, a rise of 100%. EBITDA increased 134% to $431.1 million, from $184.6 million previously, while EBIT rose 172% to $313.3 million. Net Profit After Tax increased 16% to $216.2 million, up from …

The testwork, focused on MgO optimisation for the KM prospect, was carried out at Bureau Veritas Minerals in Adelaide. According to the results, concentrate grades from the flotation tests ranged from 31.4% to 34% P2O5, with recoveries between 73.5% and 77.8% P2O5.

Taiton may earn up to an 80% interest in EL 6468 through completion of a Pre-Feasibility Study within six years. Once that threshold is reached, Havilah may elect to contribute on a pro-rata basis through an incorporated joint venture, or to dilute its interest …

Lynas Rare Earths Ltd (ASX:LYC) continues to attract investor attention as the company advances its position as a leading non-Chinese rare earths producer. The stock traded at AUD 16.59 on 25 August 2026, rising 1.10% on the day, as market focus remains on rare …