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Cobalt Blue secures feedstock supply from Glencore for Australia’s first cobalt sulphate refinery
Cobalt Blue Holdings (ASX: COB) and mining giant Glencore International have signed an agreement for the provision of cobalt hydroxide feedstock to the ground-breaking Kwinana cobalt refinery (KCR) in Western Australia. The KCR will be Australia’s first cobalt sulphate refinery and a key component in the country’s domestic critical minerals development plans, with the capacity […]
ReadCloud lifts EBITDA by 73% on surging vocational education and eBook revenue
eLearning software solutions provider ReadCloud (ASX: RCL) has reported “exceptional” results for the first half of financial year 2025, with total organic revenue growth of 13% to $9.2 million outpacing operating cost growth of just 1%. As a result, underlying EBITDA grew 73% to $1.8m and statutory profit increased 214% to $1.32m. The company’s VET […]
Vintage Energy finalises $2.1m capital raising to boost Cooper Basin gas production
Gas producer Vintage Energy (ASX: VEN) has successfully completed its shortfall offer, bringing total proceeds raised – including from the preceding entitlement offer – to the targeted $2.1 million. The company has allocated a total of 328 million shares to new and existing shareholders under the shortfall offer, with each new share allotted a non-tradeable […]
Elsight lands $8.2m follow-up contract with European drone manufacturer for Halo connectivity platform
Elsight (ASX: ELS) has been awarded an $8.2 million order to supply its Halo connectivity platform to an undisclosed European defence drone manufacturer. The contract follows a previous Halo purchase order in April from the same customer and takes the customer’s total commitment to approximately $15m. Elsight has already recognised more than $1.56m of the […]
Invion advances skin cancer treatment with positive safety data for INV043 in Phase I/II trial
Invion (ASX: IVX) has reported no adverse events from the application and use of its lead drug candidate INV043 on the first six patients of a Phase I/II non-melanoma skin cancer (NMSC) trial in Queensland. Data from a safety review committee (SRC) suggested that treatment with the novel photosensitiser was well-tolerated and feedback from clinicians […]
Brazilian Rare Earths to accelerate Sulista exploration following standout results at West prospect
Brazilian Rare Earths (ASX: BRE) is preparing to accelerate exploration activities at its Sulista project area in north-eastern Brazil on the back of strong results from the Sulista West prospect. The company’s phase 2 exploration program has confirmed the discovery of an ultra-high-grade rare earth elements (REE), niobium (Nb), scandium (Sc), tantalum (Ta) and uranium […]
Altech Batteries’ CERENERGY technology recognised as emerging alternative to lithium-ion in independent report
An independent study into the benefits of Altech Batteries’ (ASX: ATC) unique CERENERGY sodium-nickel-chloride battery has labelled it one of the industry’s “promising emerging technologies”. Prepared by technical adviser DNV, the high-level report compared CERENERGY’s solid-state composition to alternative non-solid-state batteries such as lithium-ion, sodium-sulphur and vanadium flow. The report capitalised on DNV’s specialty in […]
Interest only trend great for banks, terrible for borrowers
Not all innovation in banking products is designed to help customers and the current emerging trend to offer 10-year interest free loans on owner occupied properties is a classic example. While the sales pitch on these products is that they are ideal for pre-retirees so that they can still afford repayments once they are retired, […]
Goldman Sachs tips gold to hit US$3,700/oz as central banks and investors drive demand
Investment bank and financial services company Goldman Sachs is forecasting gold will reach US$3,700 per troy ounce by the end of 2025. Goldmans said in a recent note that gold would continue its recent run of record prices and continue to climb on the back of renewed appetite from investors and a long-term structural shift […]
Aurora Labs and Mayman Aerospace collaborate on 3D-printed turbines and propulsion systems for US market
Aurora Labs (ASX: A3D) will partner with US company Mayman Aerospace to explore the development of 3D-printed micro gas turbines and advanced propulsion systems for AI-powered vertical take-off and landing (VTOL) aircraft technologies. The partnership is a strategic move by Aurora to penetrate the North American market that provides an opportunity to combine Mayman’s innovative […]
Finder Energy moves closer to first oil in Timor-Leste with reprocessed Kuda Tasi and Jahal seismic data
Finder Energy (ASX: FDR) has achieved another key milestone in the lead-up to producing first oil at its new offshore Timor-Leste projects. The company is now using reprocessed data from an historical Ikan 3D seismic survey to help finalise its development drilling plans for the Kuda Tasi and Jahal oil fields. The company said that […]
RAS Technology lifts ARR to $21.1m on Hong Kong acquisition and new contracts
Online racing and wagering content provider RAS Technology (ASX: RTH) has recorded annualised recurring revenue (ARR) of $21.1 million, up from $18.3m at the end of December. RAS attributed the increase to strong momentum in new customer acquisitions and contract extensions, including a $1.1m contribution from the company’s purchase last month of six established racing […]
Pivotal Metals ramps up exploration at BAGB with focus on historical Lorraine gold targets
Pivotal Metals (ASX: PVT) is planning to aggressively investigate historical “bonanza” grade gold discoveries at the Lorraine prospect within its 100%-owned Belleterre-Angliers Greenstone Belt (BAGB) projects in Quebec, Canada. Highlight results from its assessment of a historical underground channel sample from Lorraine returned 28 metres at 45.2 grams per tonne gold, showing significant system potential. […]