Wiluna Mining Corporation Limited has successfully completed an A$180 million IPO and commenced trading on the ASX. The proceeds will fund a two-year plan including 220,000m of drilling and technical studies to support the restart of the Wiluna Gold Project.
Graphene Manufacturing Group has begun distributing its G®CELLS battery pouch cells to potential customers in the defense and heavy equipment sectors for early-stage performance testing. The company highlighted recent laboratory results showing 94% energy efficiency and 1,000-cycle durability at a 6-minute charge rate.
Fortescue has achieved a commercial milestone with its Toowong Process, selling over 40 tonnes of copper concentrate cleaned of arsenic. The hydrometallurgical technology reduces arsenic levels to below 0.3% while maintaining over 99.9% copper recovery.
Aeris Resources reported a strong financial and operational performance for FY26, achieving significant growth in its Mineral Resources and Ore Reserves, particularly at the Tritton Operations. The company recorded increased copper and gold production, generated substantial EBITDA, and became debt-free following a successful capital raise and loan repayment. Strategic moves included the acquisition of Peel Mining's Mallee Bull and Wirlong deposits and the divestment of North Queensland assets, positioning the company for future growth despite some grade dilution in certain resource updates.
Mineral Road Discovery Inc. is evaluating strategic options for its Australian critical minerals portfolio, including the Leigh Creek Magnesium and Allaru Vanadium projects. The release highlights the strategic importance of these assets due to structural shortages in premium magnesia and vanadium electrolyte demand, while noting the presence of significant historical resource estimates.
Mineral Road Discovery is evaluating strategic options for its Australian magnesium and vanadium projects to maximize value. The company is also focusing on its Bergslagen Tungsten Project in Sweden while highlighting market demand for critical minerals.
Cue Energy provided an update on the PV14 well at the Palm Valley gas field, reporting initial gas flow rates reaching approximately 3.6 TJ/d. While commissioning is targeted for late October 2026, the company noted evidence of water in the wellbore that requires monitoring to ensure sustained production.
