Daily Roundup
Tuesday, 16th September 2025
Last updated: 11:00
MTM.ASX CSL.ASX RCM.ASX VBX.ASX NHC.ASX
Metallium and Ucore Forge Binding Collaboration to Unlock U.S. Rare Earth Element Supply Chain Independence
Metallium Limited (ASX: MTM) and Ucore Rare Metals Inc. (TSXV: UCU) have entered into a binding 12-month agreement to integrate their technologies and create the first U.S. pathway for taking a diverse range of rare earth element (REE) feedstocks to separated oxide products. This collaboration positions Metallium at the front end of Ucore's U.S.-based supply chain, allowing Metallium's Flash Joule Heating (FJH) platform to unlock feedstocks that are currently stranded or heavily discounted, particularly those rich in heavy REEs like dysprosium and terbium.
The parties will also explore joint submissions for U.S. government grants and strategic funding opportunities to support scale-up and commercial deployment, including for the treatment of mine tailings. This agreement provides Metallium with entry into the rapidly growing U.S. magnet recycling market, aligning with growing federal government backing for domestic REE supply chain independence.
CSL Partners on New Coagulation Treatment
CSL Limited (ASX:CSL; USOTC:CSLLY) has announced a partnership with Dutch biotech company VarmX to develop a new treatment to restore blood coagulation in patients taking Factor Xa (FXa) inhibitors who experience severe bleeding or require urgent surgery. Under the agreement, CSL will fund VarmX's global Phase 3 trial and support late-stage product development, manufacturing, and commercialization. The new treatment is expected to address a significant unmet medical need in a well-defined and growing patient population, with a commercial launch anticipated in 2029.
RCM Requests Voluntary Suspension
Rapid Critical Metals Limited (RCM) has requested a voluntary suspension of its securities on the ASX to enable the finalization of a material capital raising that was previously announced. The suspension will last until the earlier of the release of an announcement regarding the capital raising or the commencement of trading on 17 September 2025.
VBX Discovers Low-Silica Bauxite at East Kalumburu
VBX Limited has discovered low-silica, ferruginous bauxite mineralisation at its East Kalumburu project in Western Australia, which could extend the mine life of its Wuudagu project. The company has also appointed Ausenco as the Wuudagu Definitive Feasibility Study Manager and Dr Paul Vogel AM as a Strategic Advisor to support the project's development.
New Hope Corporation Delivers Strong FY25 Results
New Hope Corporation Limited (ASX:NHC) has reported strong operational and financial results for the 2025 financial year, with an 18.1% increase in saleable coal production to 10.7Mt and a 10.9% decrease in underlying EBITDA to $765.8 million. Despite operational challenges, the company's resilient assets and continued execution of its organic growth plans have underpinned its performance. New Hope has declared a fully franked final dividend of 15 cents per share and announced the establishment of a Dividend Reinvestment Plan.
The company's petroleum subsidiary, Bridgeport Energy, has also announced its 2025 reserves and resources statement, with 2P reserves of 4.1 million barrels of oil equivalent and 2C resources of 4.9 million barrels of oil equivalent.
References
MTM.ASX | 08:23 | Binding Deal with Ucore for U.S. REE Refining Independence |
CSL.ASX | 08:01 | CSL partners on new coagulation treatment |
RCM.ASX | 09:27 | Suspension from Quotation |
VBX.ASX | 09:36 | Wuudagu Project Update |
NHC.ASX | 08:12 | New Hope Group Coal Resources and Reserves 2025 |
NHC.ASX | 08:11 | Appendix 4E and Annual Report 2025 |
NHC.ASX | 08:12 | Full Year Results 2025 |
NHC.ASX | 08:12 | Presentation on Full Year Results 2025 |
NHC.ASX | 09:04 | Bridgeport Energy Reserves and Resources Statement 2025 |