Built Group and Wesfarmers Ltd (ASX:WES) have agreed to establish a 50:50 joint venture, Built Living, aimed at accelerating apartment construction and addressing Australia’s housing shortage through industrialised building methods.
The new entity will focus on offsite manufacturing, using Design for Manufacture and Assembly (DfMA) to produce modular and precast apartment components at scale, with the goal of delivering housing faster and at lower cost.
Animoca Brands Corporation Ltd (Unlisted (AU):AB1) has launched an investment program of up to US$10 million for early-stage developers building applications on its persistent AI agent platform, Minds by Animoca Brands.
The program is open to teams developing deployable products and scalable businesses that use Minds as a core product layer across sectors including gaming, finance, productivity and social applications.
Resolution Minerals Ltd (ASX:RML, OTCQB:RLMLF, FRA:NC3) has reported high antimony recoveries from initial metallurgical test work on samples from Antimony Ridge, part of its Horse Heaven Antimony-Tungsten-Gold-Silver Project in Idaho, USA.
Rougher flotation tests conducted by IMO labs in Perth achieved sulphur recovery of 99.5%, which the company said indicated near-complete recovery of stibnite, the primary antimony sulphide mineral, during the rougher concentration stage.
St George Mining Ltd (ASX:SGQ, FRA:S0G, OTC:SGQMF) has appointed Worley Engenharia Ltda, the Brazilian subsidiary of Worley Ltd (ASX:WOR), a global engineering and project management group headquartered in Australia, as feasibility technical adviser for the potential development of its 100%-owned Araxá Niobium-Rare Earths Project in Minas Gerais, Brazil.
St George yesterday delivered more thick, high-grade rare earths and niobium assays from ongoing diamond drilling at Araxá.
Askari Metals Ltd (ASX:AS2, FRA:7ZG) has confirmed continuous polymetallic mineralisation from Phase 1 trenching at the PS Pegmatite Target within its 100%-owned Uis Project in Namibia.
Assays from the program returned peak results of 6,670 ppm tin, 0.49% lithium oxide, 465 ppm tantalum, 2,020 ppm rubidium and 134 ppm caesium, confirming tin-lithium-tantalum-rubidium-caesium mineralisation across the PS pegmatite system.
The S&P/ASX Small Ordinaries [XSO] closed at 3,458.80, gaining 15.20 points or 0.44% in the latest session. Over the past five days, the index has added 4.50 points, or 0.13%, pointing to a modestly positive tone across the small-cap market.
Several ASX-listed companies have delivered operational, clinical and project development updates this morning. You can read about these and more throughout the day.