- Last 2026-11-06
- A$0.315
- 1D
- —
- 1M
- —
- YTD
- —
- 1Y
- —
- Fair value
- Locked: sign in to view
- Upside
- Locked: sign in to view
- Mkt cap
- A$185.7M
- EV
- A$181.7M
- Cash
- A$23.7M
- Debt
- A$12.3M
Investment view
Rating locked: sign in to viewOur rating, thesis and what the price implies are available to subscribers.
Sign in or enter a guest codeAnnouncements
Latest 12 of 7All sources ▸- Change of Director Interest NoticeGovernance
- AEM ownership research inputOther
- AEM insider research inputOther
- Sharewise Investor PresentationPresentation
- Investor PresentationPresentation
- Notification regarding unquoted securities - AEMCorporate Action
- AEM Ltd 31 December 2025 Annual ReportResults
Event calendar · next 12 months
2 events| Timing | Event | Category | Confidence | Materiality | Investor relevance |
|---|---|---|---|---|---|
| H2 2026 | Second-half 2026 HPA sales of 40–60 tonnes | Production | Company Guided | High | A first direct check on whether qualifications become delivered revenue. |
| end 2026 target | 3N5+ circuit entering production | Construction Or Commissioning | Company Guided | Medium | Adds nominal capacity, although full run rate is guided only for mid-2028. |
Executive roster
As of 2026-10-30Background checks ▸The annual report identifies executive directors and secretary, and the October investor presentation and company materials identify senior management. Appointment dates and any undisclosed subsequent changes are not independently complete.
| Executive | Title | Normalized role | Appointed | Sources |
|---|---|---|---|---|
| Richard Seville | Executive Chairman | Executive Director | 2022-01-01 | AEM Ltd 31 December 2025 Annual Report · Investor Presentation September 2026 |
| Michael Adams | Managing Director · Chief Executive Officer | Executive Director · Chief Executive | 2021-06-01 | AEM Ltd 31 December 2025 Annual Report · Investor Presentation September 2026 |
| Alexis Clark | Chief Financial Officer · Company Secretary | Finance · Company Secretary | 2024-06-01 | AEM Ltd 31 December 2025 Annual Report · Investor Presentation September 2026 |
| Stéphane Blanchette | Chief Human Resources Officer | Senior Management | — | Investor Presentation September 2026 |
| Sylvain Seyer | SVP – Production and Asset Management | Senior Management | — | Investor Presentation September 2026 |
| Dr Daniele Fregonese | SVP – Sales and Marketing | Senior Management | — | Investor Presentation September 2026 |
| Dr Ebrahim Alizadeh | SVP – Technical Services and R&D | Senior Management | — | Investor Presentation September 2026 |
| Dr Jean-Nicolas Beaudry | SVP – Corporate Development & Strategy | Senior Management | — | Investor Presentation September 2026 |
| Emmanuel Duvnjak | Head of Communications and Investor Relations | Senior Management | — | Sharewise Investor Presentation |
devCoverage status: Partial
Portfolio detail
Assets
Core asset
Cap-Chat High-Purity Alumina Plant
Canada
Cap-Chat has 2,000 tpa of upstream nameplate capacity; management says final tailoring capacity is lower and requires more equipment. The 3N5+ circuit is targeted for 2026, with full run rate in 2028; Stage 2 remains subject to study, permits, final investment decision and financing.
- Product and spec
- Up to 5N purity and ultra-low alpha HPA
- Nameplate capacity
- 2,000 tpa
- Throughput (12M)
- —
- Utilisation
- —
- Capital intensity (capex / tpa)
- NM
- Feed source
- —
- Offtake contracted
- —
Project location
Approximate location
© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.
Stage 2 PFS at Q4 2024 prices; 3,000 tpa incremental steady-state production from 2032 with EBITDA of US$47.1 million at current CM Group pricing or US$85.2 million at long-term pricing.
Milestones6
- Commission 2,000 tpa commercial-scale 4N+ HPA capacity
Achieved · High materiality
- Install and commission dedicated 3N5 circuit to reach 3,000 tpa
Pending · High materiality
- Complete Stage 2 definitive feasibility study; Q3 target has elapsed without a result identified
Pending · High materiality
- Commence Stage 2 production toward 6,000 tpa total capacity
Pending · High materiality
- 4N+ circuit at design production run rate
Pending · High materiality
- 3N5+ circuit at design production run rate
Pending · High materiality
Permits & approvals1
| Permit | Jurisdiction | Status | Expiry | Critical path |
|---|---|---|---|---|
| Quebec airborne and waterborne emissions production-rate permit | Quebec, Canada | Pending | — | Yes |
Economic studies1
| Study | Stage | Status | Date | Summary |
|---|---|---|---|---|
| Cap-Chat Stage 2 Expansion Pre-Feasibility Study | PFS | Current | 2025-06-30 | PFS scope adds roughly 3,000 tpa for US$215 million initial capex; WSP independently reviewed engineering and BDO verified the financial model. A revised DFS was targeted for Q3 2026. |
d derivedr our researchg guidances study forecastm daily marketNo marker: as reported— / NM missing or not meaningful (hover for why)
Stock database
Other assets
- Investee
- NM
- Holding
- NM
- Shares held
- NM
- Market value
- NM
- % of holder's market cap
- NM
- Cost basis
- NM
- Royalty type
- —
- Rate
- —
- Underlying asset and operator
- —
- Operator's stage
- —
- Attrib. royalty units per year
- —
- Royalty receipts (12M)
- —
- Our attributable value
- Locked
Funding, performance and ownership
Financials & Capital
Liquidity
Financial position
June cash fell A$16.16 million in H1. Reported borrowings include A$0.821 million of leases and the C$1.25 million loan principal repaid in July; a related tax-credit receipt was reported. Subsequent operating cash generation, grant timing, and capital commitments must be considered in the funding calendar.
Inventory composition3
A$908,165 of inventory at 30 June comprised A$233,206 finished HPA, A$494,899 intermediate HPA and A$180,060 raw materials. Tonnes and realizable value were not disclosed.
- Finished high-purity alumina product on hand
- A$233.2K carrying
- Intermediate high-purity alumina product on hand
- A$494.9K carrying
- Raw alumina feedstock and materials on hand
- A$180.1K carrying
Capital structure
Ownership and dilution
- Ordinary shares
- 589.5M
- Fully diluted
- 614.1M
The reviewed interim report shows 589,503,245 ordinary shares. The September notice shows 365,870,869 quoted and 223,632,375 restricted shares, totaling 589,503,244; the one-share discrepancy remains unresolved. All 4,224,010 options, 17,668,239 rights and 2,669,285 deferred share units are included in the fully diluted count, before any future financing; the A$0.69 options are out of the money at the reference price and exercise would bring proceeds.
Security classes6
| Class | Type | Quantity | Strike | Expiry |
|---|---|---|---|---|
| ASX-quoted ordinary fully paid shares | Ordinary Share | 365.9M | — | — |
| Unquoted restricted ordinary fully paid shares | Ordinary Share | 223.6M | — | — |
| Restricted options expiring 18 December 2028 | Option | 4.2M | A$0.69 | 2028-12-18 |
| Restricted performance rights | Performance Right | 6.5M | A$0 | — |
| Unrestricted performance rights including July 2026 broker-fee issue | Performance Right | 11.2M | A$0 | — |
| Restricted deferred share units | Other | 2.7M | A$0 | — |
Actuals and forecasts
Financial statements
| AUD | Unit | Trend | FY2024 actualA | FY2025 actualA |
|---|---|---|---|---|
| Profit and loss | ||||
| HPA revenue | AUDm | 0.2 | 0.6 | |
| Other income including consolidation gain | AUDm | 63.2 | 0.3 | |
| Operating expenses before depreciation and finance | AUDm | (12.0) | (23.5) | |
| EBITDA including other income | AUDm | 51.4 | (22.6) | |
| Depreciation and amortization | AUDm | (1.0) | (2.0) | |
| Net finance income or expense | AUDm | (3.5) | (8.5) | |
| Income tax benefit or expense | AUDm | 2.1 | 4.3 | |
| Net profit after tax | AUDm | 49.0 | (28.7) | |
| Cash flow | ||||
| Operating cash flow: reported actuals, unlevered forecast | AUDm | (11.1) | (20.1) | |
| Capital expenditure | AUDm | (10.9) | (10.6) | |
| Free cash flow after capital expenditure | AUDm | (21.9) | (30.7) | |
| Balance sheet | ||||
| Cash at period end | AUDm | 2.9 | 39.8 | |
| Debt excluding leases | AUDm | 33.2 | 11.9 | |
| Debt less cash | AUDm | 30.3 | (27.9) | |
| Per share | ||||
| Ordinary shares and existing awards plus modeled new shares | m shares | 305.2 | 589.5 | |
| Multiples and ratios | ||||
| EV / EBITDA (x, current EV) | x | 3.4 | (7.7) | |
| P / E (x, current market cap) | x | 3.6 | (6.2) | |
| FCF yield (current market cap) | % | -12.4% | -17.4% | |
| EBITDA margin | % | 27351.1% | -3625.8% | |
| Net debt / EBITDA (x) | x | 0.6 | 1.2 | |
KPI history
Operating metrics · Cap-Chat High-Purity Alumina Plant
| Metric | Unit | Trend | H1 2025 | H1 2026 |
|---|---|---|---|---|
| H1 group revenue | AUD | 248,486 | 459,518 |
Operating metric source table10
| Metric | Project | Period | Period type | Value | Status |
|---|---|---|---|---|---|
| FY2025 group revenue | Cap Chat | FY2025 | Year | 622,315 AUD | Reported |
| Upstream plant nameplate capacity | Cap Chat | 27 July 2026 | Point In Time | 2,000 upstream HPA tonnes per annum nameplate; final tailoring capacity is lower | Reported |
| Unrisked customer pipeline scope | Cap Chat | June 2026 customer pipeline | Point In Time | 5,500 potential HPA tonnes per annum | Reported |
| H1 group revenue | Cap Chat | H1 2025 | Half Year | 248,486 AUD | Reported |
| H1 group revenue | Cap Chat | H1 2026 | Half Year | 459,518 AUD | Reported |
| H1 delivered high-purity alumina sales | Cap Chat | H1 2026 | Half Year | 12.5 HPA tonnes | Reported |
| H1 group operating cash flow | Cap Chat | H1 2026 | Half Year | -13,270,180 AUD operating cash flow | Reported |
| H1 realized selling price | Cap Chat | H1 2026 | Half Year | 25.4 USD/kg HPA realized price | Reported |
| Customer qualification projects | Cap Chat | 30 August 2026 qualification pipeline | Point In Time | 225 qualification projects | Reported |
| Unrisked customer pipeline volume | Cap Chat | 30 August 2026 qualification pipeline | Point In Time | 6,400 un-risked potential HPA tpa | Reported |
Company guidance5
| Metric | Project | Period | Low | High | Status |
|---|---|---|---|---|---|
| Nameplate Hpa Capacity | cap-chat | CY2026 | 3,000 | 3,000 tonnes per annum | Current |
| Nameplate Hpa Capacity | cap-chat | CY2029 target subject to DFS, FID and financing | 6,000 | 6,000 tonnes per annum | Current |
| Hpa Sales | cap-chat | H2 2026 | 40 | 60 tonnes | Current |
| 4N+ Circuit Full Production Run Rate | cap-chat | by end 2027 | 2,000 | 2,000 tonnes per annum nameplate | Current |
| 3N5+ Circuit Full Production Run Rate | cap-chat | by mid 2028 | 1,000 | 1,000 tonnes per annum nameplate | Current |
Capital history
Capital events
| Date | Event | Amount | Shares | Price | Status | Terms |
|---|---|---|---|---|---|---|
| 2025-12-18 | RaisingOrdinary Fully Paid Shares | A$44.8M | 84.5M | A$0.53 | Completed | Completed IPO raising A$44.8 million before costs at A$0.53 per share.Max 84.5M · Period 2025-12-18 to 2025-12-18 |
Contracts and ownership
Material economic arrangements These are deals that can affect sales, costs, funding or ownership. An arrangement marked “Included in valuation” may already be built into a project estimate or the bridge to shareholder value. A separate amount is shown only when one can be estimated; do not add it again.
Annual and interim accounts, original May and July announcements and the October call inform the register. Customer volumes, the kaolin royalty rate and the IQ royalty cap headroom are not disclosed.
1.55% royalty on Canadian subsidiary consolidated annual sales, capped at lender effective 15% IRR, accompanies the IQ loan and is included in project economics rather than added to the debt bridge.
Royalty · Active- Counterparties
- Investissement Québec
- Applies to
- Cap-Chat High-Purity Alumina Plant · Others
- Economic direction
- Burden
- Period
- From 2024-04-01; no end date stated
- Key terms
- Sales royalty rate: 1.55 %
Royalty cap: 15 % IRR
No valuation treatment is available for this arrangement.
AEM and NeoCtech plan a 10 kg/day rare-earth-doped nano-HPA pilot with CAD800,000 NGen grant support; no commercial sale or profit-sharing terms disclosed.
Strategic Partnership · Active- Counterparties
- NeoCtech Corp · Next Generation Manufacturing Canada
- Applies to
- Cap-Chat High-Purity Alumina Plant · Others
- Economic direction
- Benefit
- Period
- From 2026-05-11; no end date stated
- Key terms
- Government-supported grant: 800,000 CAD
Pilot design rate: 10 kg/day
No valuation treatment is available for this arrangement.
Ongoing cooperation makes AEM the exclusive nano-HPA supplier for ZFS ceramics, but disclosed terms do not establish firm volume or price.
Offtake · Active- Counterparties
- Zürcher Frères SA
- Applies to
- Cap-Chat High-Purity Alumina Plant · Others
- Economic direction
- Benefit
- Period
- From 2026-07-15; no end date stated
- Key terms
- Exclusivity: —
Committed quantity: — tonnes
Price: — USD/kg
No valuation treatment is available for this arrangement.
Issuer said four long-term supply framework agreements were in place; counterparties, duration, take-or-pay terms, prices and volumes were not disclosed, so no contracted revenue is attributed.
Offtake · Active- Counterparties
- Four undisclosed customer counterparties
- Applies to
- Cap-Chat High-Purity Alumina Plant · Others
- Economic direction
- Benefit
- Period
- Dates not stated
- Key terms
- Framework count: 4 agreements
Minimum volume: — tonnes
Fixed price: — USD/kg
No valuation treatment is available for this arrangement.
AEM sold the holder of ML100200 in return for a royalty on future kaolin production. Rate, timing and production are not disclosed, so its value is uncertain.
Royalty · Active- Counterparties
- Cape York Kaolin Limited
- Applies to
- Company-wide · Others
- Economic direction
- Benefit
- Period
- From 2025-11-07; no end date stated
- Key terms
- Royalty rate: —
No valuation treatment is available for this arrangement.
The June accounts carry an A$1.479 million convertible loan receivable from Cape York Kaolin. Recovery and conversion value are uncertain, so this is not cash.
Other · Active- Counterparties
- Cape York Kaolin Limited
- Applies to
- Company-wide · Others
- Economic direction
- Benefit
- Period
- Through 2028-11-05; start date not stated
- Key terms
- June carrying amount: 1,479,066 AUD
No valuation treatment is available for this arrangement.
Intrinsic value
Valuation
Bear, base and bull values, investment cases, project valuations and the equity bridge are available to subscribers.
Sign in or enter a guest codeResource-price transmission
Sensitivity lab
How our fair value responds to commodity prices and other drivers is available to subscribers.
Sign in or enter a guest codePeople, delivery and responsibility
Management background checks
AEM’s leadership combines resources, engineering, finance, HR and specialty-materials experience, but personal delivery evidence is uneven. Nine current roster members are identified. AEM reported early HPA sales and a loss; the CEO clarified that headline 2,000 tpa equipment capacity excludes a final tailoring stage needing further equipment. The former AOW board’s rights-issue allegations involving Alexis Clark are unproven and reported with the company’s settlement account and an explicitly unverified later outcome. The chair’s prior OZ Minerals board tenure also overlapped a contractor fatality and separate safety undertakings, with no personal fault established.
Decision-relevant facts
Material summary
Richard Seville
Executive Chairman
Orocobre lithium production increased during his CEO tenure
Orocobre reported Olaroz production of 12,470 tonnes of lithium carbonate in FY2018, up 5% from FY2017, while Seville was its managing director and CEO. Company revenues were also affected by lithium prices; these company results do not isolate his individual contribution.
Role overlaps event; causation unproven · The records establish the senior role and concurrent company results, not that Seville alone caused them.
Contractor died at Prominent Hill during OZ Minerals board tenure
SafeWork SA reported that a worker died after being crushed at Prominent Hill on 5 September 2021 and said it had commenced an investigation. OZ Minerals identified the worker as a Byrnecut contractor, and its 2021 report recorded a reduction in the CEO’s short-term incentive following the fatality. Seville was an independent OZ Minerals director and sustainability committee member during the period. The regulator’s final investigation or prosecution outcome was not located, and the sources do not establish individual involvement or personal fault by Seville.
Role overlaps event; causation unproven · Seville’s director and committee role overlapped the incident; the sources do not attribute operational decisions, causation or fault to him.
OZ Minerals and contractor gave undertakings after separate unplanned blasts
SafeWork SA reported two unplanned underground explosions and fumes at Prominent Hill in October 2020. No injuries were reported. In 2022 the regulator accepted enforceable undertakings from OZ Minerals and Byrnecut involving safety improvements, with estimated commitments of A$156,845 and A$627,000 respectively. The regulator said no work-health-and-safety charges had been laid. Seville was a non-executive director during the incident; the available sources do not establish his personal involvement.
Role overlaps event; causation unproven · An oversight-period company event and regulator response, not proof of personal conduct or a finding against Seville.
Evidence gaps · 5
- Appointment history beyond the dates in the selected roster and issuer materials was not independently checked.
- AEM biography claims about Allkem market-capitalization growth are issuer descriptions; individual causal contribution is not isolated.
- Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.
- The exact date his OZ Minerals directorship ended is unresolved; AEM says 2024 while Allkem’s 2023 annual report states May 2023; the 2023 report is the nearer contemporary source.
- The final regulator, prosecution or coronial outcome concerning the September 2021 Prominent Hill fatality was not located in the reviewed searches.
Michael Adams
Managing Director; Chief Executive Officer
Product tailoring capacity remained below headline first-stage capacity; sales remained early-stage
AEM’s 2026 interim report records 12.5 tonnes of HPA sales, A$459,518 revenue and a A$13.42 million net loss for the first half of 2026. The September deck states 2,000 tpa nameplate capacity and forecasts 40–60 tonnes of H2 sales. On 1 October, Adams clarified that 2,000 tpa equipment capacity applied to the first two stages, with the final product-tailoring stage still needing additional equipment; capacity is not actual output and H2 sales were guidance at the evidence cutoff.
Role overlaps event; causation unproven · Adams was CEO during the period, but the evidence establishes only role overlap, not personal causation.
Evidence gaps · 3
- AEM’s biography names prior infrastructure employers but gives no project names, periods, budgets or independently verified delivery outcomes.
- Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.
- The annual report gives June 2021 as CEO appointment month; the exact 1 June date in the selected roster was not independently verified.
Alexis Clark
Chief Financial Officer; Company Secretary
AOW board alleged Clark acted in a 2018 rights-issue arrangement
In its 29 November 2019 ASX announcement, AOW’s board alleged that Clark, acting for AOW, varied the 2018 rights-issue underwriting obligations and that shares were transferred at Clark’s direction. The board said it was investigating the arrangement’s legality and would advise authorities if it constituted a securities-law breach. The announcement separately reported a company settlement and repayment obligations; it is not a court or regulator finding of personal misconduct. The outcome of the stated investigation or any referral could not be verified.
Individual involvement documented · The AOW board named Clark in its account; the disclosed allegations have not been independently adjudicated in the reviewed sources.
Evidence gaps · 4
- The underlying correspondence, forensic banking evidence, and complete investigation file behind AOW’s 2019 board statement were not available in the reviewed public record.
- AOW’s 2015 reporting corrections are company-level and the ASIC release does not name Clark.
- Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.
- The outcome of AOW’s stated investigation and any referral to securities authorities concerning the 2018 rights issue remains unverified. A 2022 NSW Supreme Court judgment was indexed, but direct access to the reproduction timed out; no resolution or personal finding is inferred from search snippets.
Stéphane Blanchette
Chief Human Resources Officer
No supported material findings selected. See this executive’s report and evidence gaps.
Evidence gaps · 3
- No dated appointment or named prior employer chronology was found in the reviewed public biography.
- No independent qualification-register confirmation or dated HR transformation outcome was located.
- Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.
Sylvain Seyer
SVP – Production and Asset Management
Issuer biography links Seyer to Cap-Chat commissioning
AEM’s biography links Seyer to commissioning Cap-Chat but does not specify dates or individual contributions. In October 2026 CEO Adams said the first two process stages had 2,000 tpa equipment capacity, while the final tailoring stage needed additional equipment. AEM reported 12.5 tonnes of HPA sales in the first half of 2026; nameplate capacity is not actual output.
Individual involvement documented · The issuer biography directly connects Seyer to commissioning; it does not specify the commissioning date or attribute the sales result to him.
Evidence gaps · 3
- No dated employer chronology or independently quantified plant-design/commissioning outcomes were found.
- The issuer’s Cap-Chat commissioning claim lacks dates and a breakdown of individual contribution.
- Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.
Dr Daniele Fregonese
SVP – Sales and Marketing
Sales activity and pipeline expanded, while recognized sales remained modest
AEM’s June 2026 interim report records sales of 12.5 tonnes for A$459,518 and a 210-project, un-risked pipeline at 30 June. Its September deck lists 18 commercial relationships and forecasts 40–60 tonnes of second-half sales. Pipeline and forecasts are not completed sales; filings do not attribute the outcomes to Fregonese individually.
Role overlaps event; causation unproven · Fregonese leads sales and marketing, but no source establishes that he personally produced the pipeline or sales results.
Evidence gaps · 3
- Prior employer appointment dates, commercial results and product-launch metrics were not publicly detailed in the reviewed biography.
- No independent verification of the PhD or business education was located.
- Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.
Dr Ebrahim Alizadeh
SVP – Technical Services and R&D
No supported material findings selected. See this executive’s report and evidence gaps.
Evidence gaps · 4
- The Orbite and AEM tenure split, technical responsibilities, named patents and independent process-performance results are not available in the reviewed public profile.
- The cited CEO comment is a third-party transcript rather than an official transcript or filing.
- No independent doctoral credential source was located.
- Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.
Dr Jean-Nicolas Beaudry
SVP – Corporate Development & Strategy
No supported material findings selected. See this executive’s report and evidence gaps.
Evidence gaps · 2
- Appointment date and the scope of corporate-development responsibilities are not disclosed in the selected records.
- Exact employment dates and attributable deals at 5N Plus and Enim remain unavailable; institutional profiles describe education but Polytechnique registrar records and the professional membership register were not independently checked.
Emmanuel Duvnjak
Head of Communications and Investor Relations
No supported material findings selected. See this executive’s report and evidence gaps.
Evidence gaps · 3
- No detailed biography, education, prior roles, appointment date or personally attributable IR outcomes were found in the reviewed sources.
- The role is included because AEM’s current management page lists Duvnjak as Head of Communications and Investor Relations; his appointment date is unknown.
- Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.
Company ownership
Investors & shareholders
Top registered shareholders
Register at 2026-03-20 · 589,503,244 issued shares
| # | Investor / registered holder | % issued shares | Shares held |
|---|---|---|---|
| 1 | 14.42% | 84,984,925 | |
| 2 | 8.45% | 49,792,713 | |
| 3 | 8.29% | 48,866,482 | |
| 4 | 4.12% | 24,281,408 | |
| 5 | 3.27% | 19,282,193 | |
| 6 | 2.54% | 14,949,337 | |
| 7 | 2.42% | 14,266,771 | |
| 8 | 1.70% | 10,000,000 | |
| 9 | 1.57% | 9,242,250 | |
| 10 | 1.26% | 7,400,000 | |
| 11 | 1.23% | 7,251,488 | |
| 12 | 1.20% | 7,080,302 | |
| 13 | 1.18% | 6,951,759 | |
| 14 | 1.13% | 6,673,562 | |
| 15 | 1.11% | 6,550,000 | |
| 16 | 1.01% | 5,950,774 | |
| 17 | 0.77% | 4,550,931 | |
| 18 | 0.74% | 4,335,577 | |
| 19 | 0.73% | 4,314,935 | |
| 20 | 0.72% | 4,251,106 |
Disclosed substantial holders
Latest reviewed disclosure for each holder or reporting group
| Investor / reported group | Disclosed holding | Holding at |
|---|---|---|
| 11.71%Voting power | 2025-12-12 |
Sources & review notesEvidence checked through 2026-10-09
Coverage and limitations
- No shareholder register newer than 20 March 2026 was located in the downloaded evidence. The substantial-holder filing is dated 12 December 2025; no later change or cessation notice was located in the available manifest.
- The listed top-20 accounts are registered holders; nominee/custodian names do not identify beneficial owners.
Sources
- AEM Ltd 31 December 2025 Annual Report
Advanced Energy Minerals Limited / ASX · Published 2026-03-23 · Accessed 2026-10-09
Reports 589,503,244 ordinary shares and the twenty largest registered holders as at 20 March 2026.
PDF page 84, Additional ASX Information / Twenty Largest Shareholders (information current 20 March 2026)
- Becoming a substantial holder
Richard Sewille and associates / ASX · Published 2025-12-24 · Accessed 2026-10-09
Richard Sewille and named associated accounts report relevant interests of 69,074,906 ordinary shares (11.71%) on 12 December 2025.
PDF pages 1-3, Form 603 and Appendix A
Disclosed activity
Insider transactions
Trading activity2 buys · 1 sell shownNet cash last 12 months A$52.0kShow chartHide chart
| Date | Person / account | Activity / security | Quantity | Cash consideration | Price | Holding after |
|---|---|---|---|---|---|---|
| 2026-10-20to 2026-10-23 | Steven Petersohn
Details & evidence for Steven Petersohn on 2026-10-20Notice reports activity on 20, 22, and 23 October 2026 without per-day amounts; one aggregate event spans those dates. Company was renamed Advanced Engineered Materials in 2026. As disclosed: 20-October-26, 22-October-26, 23-October-26; 198,004 acquired; $51,978.85; On Market Trade
director · 2025-12-23 Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | Purchaseordinary shares | 198,004 | AUD 51,978.85 | AUD 0.262514Calculated average | 7,449,492 |
| 2026-08-31 | Richard Evans
Details & evidence for Richard Evans on 2026-08-31As disclosed: 97,759 deferred share units issued
director · 2025-12-23 Notification regarding unquoted securities - AEM ↗ | Grantdeferred share units | 97,759 | —Non Cash | — | — |
| 2026-08-31 | Leanne Heywood
Details & evidence for Leanne Heywood on 2026-08-31As disclosed: 65,498 deferred share units issued
director · 2025-12-23 Notification regarding unquoted securities - AEM ↗ | Grantdeferred share units | 65,498 | —Non Cash | — | — |
| 2026-08-31 | Anthony Giammaria
Details & evidence for Anthony Giammaria on 2026-08-31As disclosed: 43,448 deferred share units issued
director · 2025-12-23 Notification regarding unquoted securities - AEM ↗ | Grantdeferred share units | 43,448 | —Non Cash | — | — |
| 2026-06-11 | Timothy Fletcher
Details & evidence for Timothy Fletcher on 2026-06-11As disclosed: 28,443 deferred share units issued
director · 2025-12-23 Notification regarding unquoted securities - AEM ↗ | Grantdeferred share units | 28,443 | —Non Cash | — | — |
| 2026-06-11 | Steven Petersohn
Details & evidence for Steven Petersohn on 2026-06-11As disclosed: 28,443 deferred share units issued
director · 2025-12-23 Notification regarding unquoted securities - AEM ↗ | Grantdeferred share units | 28,443 | —Non Cash | — | — |
| 2026-06-11 | Richard Evans
Details & evidence for Richard Evans on 2026-06-11As disclosed: 28,443 deferred share units issued
director · 2025-12-23 Notification regarding unquoted securities - AEM ↗ | Grantdeferred share units | 28,443 | —Non Cash | — | — |
| 2026-06-11 | Nassif Obeid
Details & evidence for Nassif Obeid on 2026-06-11As disclosed: 28,443 deferred share units issued
director · 2025-12-23 Notification regarding unquoted securities - AEM ↗ | Grantdeferred share units | 28,443 | —Non Cash | — | — |
| 2026-06-11 | Leanne Heywood
Details & evidence for Leanne Heywood on 2026-06-11As disclosed: 48,190 deferred share units issued
director · 2025-12-23 Notification regarding unquoted securities - AEM ↗ | Grantdeferred share units | 48,190 | —Non Cash | — | — |
| 2026-06-11 | Anthony Giammaria
Details & evidence for Anthony Giammaria on 2026-06-11As disclosed: 28,443 deferred share units issued
director · 2025-12-23 Notification regarding unquoted securities - AEM ↗ | Grantdeferred share units | 28,443 | —Non Cash | — | — |
| 2025-11-30 | Hans K Bohi
Details & evidence for Hans K Bohi on 2025-11-30As disclosed: 883,587 shares issued on option exercise
key management personnel during 2023 · Start not disclosed Aktiengesellschaft Stoketen · shareholder of; reported holding account AEM Ltd 31 December 2025 Annual Report ↗ Annual Report 31 December 2024 ↗ | Exerciseordinary shares | 883,587 | AUD 220,896.75 | AUD 0.25Disclosed price | — |
| 2025-09-18 | Timothy Fletcher
Details & evidence for Timothy Fletcher on 2025-09-18As disclosed: 77,000 ordinary shares disposed
director · 2025-12-23 AEM Ltd 31 December 2025 Annual Report ↗ | Saleordinary shares | 77,000 | —Not Disclosed | — | — |
| 2025-09-12 | Timothy Fletcher
Details & evidence for Timothy Fletcher on 2025-09-12As disclosed: Performance rights converted into ordinary shares
director · 2025-12-23 AEM Ltd 31 December 2025 Annual Report ↗ AEM Ltd 31 December 2025 Annual Report ↗ | Exerciseordinary shares | 291,205 | —Non Cash | — | — |
| 2025-09-12 | Steven Petersohn
Details & evidence for Steven Petersohn on 2025-09-12As disclosed: Performance rights converted into ordinary shares
director · 2025-12-23 AEM Ltd 31 December 2025 Annual Report ↗ AEM Ltd 31 December 2025 Annual Report ↗ | Exerciseordinary shares | 882,045 | —Non Cash | — | — |
| 2025-09-12 | Michael Adams
Details & evidence for Michael Adams on 2025-09-12As disclosed: Performance rights converted into ordinary shares
director · 2025-12-23 AEM Ltd 31 December 2025 Annual Report ↗ AEM Ltd 31 December 2025 Annual Report ↗ | Exerciseordinary shares | 1,905,700 | —Non Cash | — | — |
| 2024-07-13 | John Wilfred Sword Fletcher
Details & evidence for John Wilfred Sword Fletcher on 2024-07-13Expiry inferred from disclosed contractual expiry date and absence from closing balance. As disclosed: 11,641,458 options ceased during period; expiry 13 July 2024
director (during 2023/24) · 2023-01-01 to 2024-12-31 Annual Report 31 December 2024 ↗ | Expiryoptions | 11,641,458 | —Not Disclosed | — | — |
| 2024-05-28 | Richard SevilleThe Ockleston Trust
Details & evidence for Richard Seville on 2024-05-28As disclosed: 4,000,000 shares issued on exercise of options
director · 2025-12-23 Annual Report 31 December 2024 ↗ Corrected Form 603 Richard Seville ↗ | Exerciseordinary shares | 4,000,000 | AUD 720,000.00 | AUD 0.18Disclosed price | — |
| 2023-01-01to 2023-12-31 | Peter Thomson
Details & evidence for Peter Thomson on 2023-01-01As disclosed: Shares issued as remuneration
director/key management personnel during 2023 · Start not disclosed Annual Report 31 December 2023 ↗ | Grantordinary shares | 258,778 | —Non Cash | — | — |
| 2023-01-01to 2023-12-31 | Richard Seville
Details & evidence for Richard Seville on 2023-01-01Date is reporting-period end proxy because source reports annual movement only. As disclosed: Shares issued as remuneration
director · 2025-12-23 Annual Report 31 December 2023 ↗ | Grantordinary shares | 552,000 | —Non Cash | — | — |
| 2023-01-01to 2023-12-31 | Richard Seville
Details & evidence for Richard Seville on 2023-01-01Report-period date proxy; date not disclosed in KMP table. As disclosed: 1,000,000 ordinary shares acquired on exercise at $0.18
director · 2025-12-23 Annual Report 31 December 2023 ↗ Annual Report 31 December 2023 ↗ | Exerciseordinary shares | 1,000,000 | AUD 180,000.00 | AUD 0.18Disclosed price | — |
| 2023-01-01to 2023-12-31 | Steven Petersohn
Details & evidence for Steven Petersohn on 2023-01-01As disclosed: Shares issued as remuneration
director · 2025-12-23 Annual Report 31 December 2023 ↗ | Grantordinary shares | 1,462,500 | —Non Cash | — | — |
| 2023-03-28 | John Wilfred Sword FletcherCleveland Investment Global Ltd
Details & evidence for John Wilfred Sword Fletcher on 2023-03-28As disclosed: Net change other / 1,920,068 shares acquired
director (during 2023/24) · 2023-01-01 to 2024-12-31 Annual Report 31 December 2023 ↗ Annual Report 31 December 2023 ↗ Becoming a substantial holder ↗ | Subscriptionordinary shares | 1,920,068 | —Non Cash | AUD 0.2Disclosed price | — |
| 2023-02-20 | Michael Adams
Details & evidence for Michael Adams on 2023-02-20As disclosed: 4,500,000 options expired
director · 2025-12-23 Annual Report 31 December 2023 ↗ | Expiryoptions | 4,500,000 | —Not Disclosed | — | — |
Disclosed holding observations18 dated positions
Initial, final and threshold notices describe positions; these are not counted as purchases or sales.
| Holding at | Person / group | Type / security | Quantity | Percentage |
|---|---|---|---|---|
| 2026-10-23 | Steven Petersohn
Details & evidence for Steven Petersohn on 2026-10-23
Replaces 1 earlier record(s). director · 2025-12-23 Change of Director's Interest Notice ↗ | Positionordinary shares | 154,154 | — |
| 2026-10-23 | Steven Petersohn
Details & evidence for Steven Petersohn on 2026-10-23
Replaces 1 earlier record(s). director · 2025-12-23 Change of Director's Interest Notice ↗ | Positiondeferred share units | 99,415 | — |
| 2026-10-23 | Steven Petersohn
Details & evidence for Steven Petersohn on 2026-10-23
Replaces 1 earlier record(s). director · 2025-12-23 Change of Director's Interest Notice ↗ | Positionordinary shares | 7,449,492 | — |
| 2026-10-23 | Steven Petersohn
Details & evidence for Steven Petersohn on 2026-10-23
Replaces 1 earlier record(s). director · 2025-12-23 Change of Director's Interest Notice ↗ | Positionordinary shares | 7,080,302 | — |
| 2026-05-19 | Richard Seville
Details & evidence for Richard Seville on 2026-05-19
director · 2025-12-23 AEM Ltd Appendix 3X Richard Seville Correction ↗ | Positiondeferred share units | 1,530,314 | — |
| 2026-05-19 | Richard Seville
Details & evidence for Richard Seville on 2026-05-19
director · 2025-12-23 AEM Ltd Appendix 3X Richard Seville Correction ↗ | Positionperformance rights | 3,256,716 | — |
| 2026-05-19 | Richard Seville
Details & evidence for Richard Seville on 2026-05-19
director · 2025-12-23 AEM Ltd Appendix 3X Richard Seville Correction ↗ Corrected Form 603 Richard Seville ↗ | Finalordinary shares | 69,074,906 | — |
| 2025-12-23 | Anthony Giammaria
Details & evidence for Anthony Giammaria on 2025-12-23
director · 2025-12-23 Initial Director's Interest Notice ↗ | Positionordinary shares | 120,000 | — |
| 2025-12-23 | Richard Evans
Details & evidence for Richard Evans on 2025-12-23
director · 2025-12-23 Initial Director's Interest Notice ↗ | Positiondeferred share units | 276,682 | — |
| 2025-12-23 | Richard Evans
Details & evidence for Richard Evans on 2025-12-23
director · 2025-12-23 Initial Director's Interest Notice ↗ | Positionordinary shares | 25,470,670 | — |
| 2025-12-23 | Leanne Heywood
Details & evidence for Leanne Heywood on 2025-12-23
director · 2025-12-23 Initial Director's Interest Notice ↗ | Positiondeferred share units | 26,316 | — |
| 2025-12-23 | Michael Adams
Details & evidence for Michael Adams on 2025-12-23
director · 2025-12-23 Initial Director's Interest Notice ↗ | Positionperformance rights | 3,256,716 | — |
| 2025-12-23 | Michael Adams
Details & evidence for Michael Adams on 2025-12-23
director · 2025-12-23 Initial Director's Interest Notice ↗ | Positionordinary shares | 3,488,935 | — |
| 2025-12-23 | Nassif Obeid
Details & evidence for Nassif Obeid on 2025-12-23
director · 2025-12-23 Initial Director's Interest Notice ↗ | Positiondeferred share units | 276,682 | — |
| 2025-12-23 | Nassif Obeid
Details & evidence for Nassif Obeid on 2025-12-23
director · 2025-12-23 Initial Director's Interest Notice ↗ | Positionordinary shares | 14,949,337 | — |
| 2025-12-23 | Timothy Fletcher
Details & evidence for Timothy Fletcher on 2025-12-23
director · 2025-12-23 Initial Director's Interest Notice ↗ | Positiondeferred share units | 62,866 | — |
| 2025-12-23 | Timothy Fletcher
Details & evidence for Timothy Fletcher on 2025-12-23
director · 2025-12-23 Initial Director's Interest Notice ↗ | Positionordinary shares | 3,714,205 | — |
| 2023-12-31 | Hans K Bohi
Details & evidence for Hans K Bohi on 2023-12-31The KMP table includes personally related-party interests. The 2025 annual report identifies the 16,642,250-share balance reported for Hans Bohi at 1 January 2024 as held by Aktiengesellschaft Stoketen. Hans's relationship to the company is documented, but his ownership percentage and control are not disclosed.
key management personnel during 2023 · Start not disclosed Aktiengesellschaft Stoketen · shareholder of; reported holding account Annual Report 31 December 2023 ↗ Annual Report 31 December 2023 ↗ Annual Report 31 December 2023 ↗ Annual Report 31 December 2023 ↗ Annual Report 31 December 2023 ↗ AEM Ltd 31 December 2025 Annual Report ↗ | Finalordinary shares | 16,642,250 | — |
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Sign in or enter a guest codeChronological evidenceSource-document inventory27 documents
Impact Minerals September quarterly cash flow reportOther · MediumExtracted
30 October after-close primary issuer Appendix 5B: 30 September cash A$2.614 million and no financing facilities; the market price predates this release.
- Document ID
- peer-ipt-q3
- Published UTC
- 2026-10-30T07:18:00Z
- Projects
- —
- Commodities
- —
ASX AEM ordinary close, local market databaseMarket Data · MediumExtracted
miners.reference_price AEM --valuation-date 2026-10-30; market data provider via miners.collect_stock_prices, A$0.30 close, 146385 shares volume, one ASX ordinary share.
- Document ID
- aem-market-price-20261030
- Published UTC
- 2026-10-30T00:00:00Z
- Projects
- —
- Commodities
- —
AEM market snapshot and FX dataMarket Data · MediumExtracted
Local command miners.v8db.market_snapshot AEM --cutoff 2026-10-30 --shares 589503245 --commodities others, including price history, mining-index comparison, liquidity, and local AUD per USD 1.4407; no HPA spot quote or relevant peer rows.
- Document ID
- aem-market-snapshot-20261030
- Published UTC
- 2026-10-30T00:00:00Z
- Projects
- —
- Commodities
- —
Alpha HPA share quoteMarket Data · MediumExtracted
30 October close A$0.415 and reported market capitalization A$602.54 million.
- Document ID
- peer-a4n-price
- Published UTC
- 2026-10-30T00:00:00Z
- Projects
- —
- Commodities
- —
Impact Minerals share quoteMarket Data · MediumExtracted
30 October close A$0.023 and reported market capitalization A$13.47 million.
- Document ID
- peer-ipt-price
- Published UTC
- 2026-10-30T00:00:00Z
- Projects
- —
- Commodities
- —
Andromeda Metals share quoteMarket Data · MediumExtracted
30 October price A$0.005 and reported market capitalization A$25.69 million.
- Document ID
- peer-adn-price
- Published UTC
- 2026-10-30T00:00:00Z
- Projects
- —
- Commodities
- —
Andromeda September quarterlyOther · MediumExtracted
HPA pilot and kaolin projects; September cash A$4.302 million.
- Document ID
- peer-adn-report
- Published UTC
- 2026-10-28T00:00:00Z
- Projects
- —
- Commodities
- —
Change of Director Interest NoticeGovernance · MediumExtracted
Steven Petersohn purchased 198,004 ordinary shares on market for A$51,978.85 on 20, 22 and 23 October 2026.
- Document ID
- aem-20261027-petersohn
- Published UTC
- 2026-10-27T00:00:00Z
- Projects
- cap-chat
- Commodities
- others
AEM management assessment, screening inputLeadership · MediumExtracted
Local management/AEM/summary.md and background-check.json; professional-background screening at 9 October, with unresolved source limitations.
- Document ID
- aem-management-local
- Published UTC
- 2026-10-09T00:00:00Z
- Projects
- cap-chat
- Commodities
- others
AEM ownership research inputOther · MediumExtracted
Local ownership/AEM/investors.json, latest register dated 20 March 2026, checked against annual report physical pages 84–85; nominee and group overlap limits apply.
- Document ID
- aem-ownership-local
- Published UTC
- 2026-10-09T00:00:00Z
- Projects
- cap-chat
- Commodities
- others
AEM insider research inputOther · MediumExtracted
Local command miners.insider_transactions show AEM; reviewed through 9 October with one newer pending notice, which is separately checked.
- Document ID
- aem-insider-local
- Published UTC
- 2026-10-09T00:00:00Z
- Projects
- cap-chat
- Commodities
- others
AEM Investor update transcriptPresentation · MediumExtracted
Management describes raw-process versus final-tailoring capacity, marketing agreements and expectation of cash-funded break-even; transcript currency labels conflict with the primary slide deck and are not used for numeric PFS figures.
- Document ID
- aem-20261001-webinar-transcript
- Published UTC
- 2026-10-01T00:00:00Z
- Projects
- cap-chat
- Commodities
- others
Sharewise Investor PresentationPresentation · MediumExtracted
October deck updates ramp, August pipeline and Stage 2 PFS metrics; pipeline is un-risked, not orders.
- Document ID
- aem-20261001-presentation
- Published UTC
- 2026-10-01T00:00:00Z
- Projects
- cap-chat
- Commodities
- others
Impact Minerals full-year statutory accountsOther · MediumExtracted
Lake Hope HPA study-stage project and FY2026 cash and accounts.
- Document ID
- peer-ipt-report
- Published UTC
- 2026-09-29T00:00:00Z
- Projects
- —
- Commodities
- —
Investor Presentation September 2026Presentation · HighExtracted
Current operating and market presentation updates August qualification pipeline and repeats staged ramp and Stage 2 PFS assumptions.
- Document ID
- aem-20260921-investor-presentation
- Published UTC
- 2026-09-21T04:14:00Z
- Projects
- cap-chat
- Commodities
- others
Analyst ratings and targets as of 2 September 2026Other · MediumExtracted
Two analyst ratings and targets are reproduced for thesis challenge; forecasts not a fair-value anchor.
- Document ID
- aem-20260902-analyst-consensus
- Published UTC
- 2026-09-02T00:00:00Z
- Projects
- cap-chat
- Commodities
- others
Half Yearly Report and AccountsResults · HighExtracted
Reviewed H1 2026 accounts establish revenue, net loss, cash burn, cash, debt, inventory and operating progress.
- Document ID
- aem-20260831-interim-report
- Published UTC
- 2026-08-31T06:58:00Z
- Projects
- cap-chat
- Commodities
- others
Interim Results Presentation – H1 2026Presentation · HighExtracted
Management explains the reviewed half-year accounts, normalized H2 operating outflow, remaining capital commitments and ramp.
- Document ID
- aem-20260831-results-presentation
- Published UTC
- 2026-08-31T07:01:00Z
- Projects
- cap-chat
- Commodities
- others
Notification regarding unquoted securities – AEMCorporate Action · HighExtracted
Appendix 3G reports 397,110 restricted deferred share units and the latest ordinary and unquoted security totals.
- Document ID
- aem-20260901-unquoted-securities
- Published UTC
- 2026-09-01T05:20:00Z
- Projects
- —
- Commodities
- —
Commercial progress updateOperations · HighExtracted
H1 sales, orders, July pipeline, revised 4N+ and 3N5 ramp timing, and customer framework disclosures.
- Document ID
- aem-20260824-commercial-update
- Published UTC
- 2026-08-24T02:27:00Z
- Projects
- cap-chat
- Commodities
- others
Investor PresentationPresentation · HighExtracted
Current operating, customer-pipeline and expansion presentation for the Cap-Chat HPA plant.
- Document ID
- aem-20260727-investor-presentation
- Published UTC
- 2026-07-26T23:55:25Z
- Projects
- cap-chat
- Commodities
- others
Notification regarding unquoted securities - AEMCorporate Action · HighExtracted
Appendix 3G records 176,205 new performance rights and the post-issue quoted and unquoted security ledger.
- Document ID
- aem-20260722-unquoted-securities
- Published UTC
- 2026-07-22T05:02:48Z
- Projects
- —
- Commodities
- —
ZFS nano-HPA cooperation agreementEconomic Arrangement · HighExtracted
AEM and Zürcher Frères agreed ongoing cooperation with exclusive nano-particle HPA supply for ZFS zirconia-alumina ceramics; no committed volume or price disclosed.
- Document ID
- aem-20260715-zfs
- Published UTC
- 2026-07-14T23:37:00Z
- Projects
- cap-chat
- Commodities
- others
Nano HPA collaboration with NeoCtech and NGen grantEconomic Arrangement · HighExtracted
AEM and NeoCtech announced a rare-earth-doped nano-HPA pilot supported by an NGen CAD800,000 grant.
- Document ID
- aem-20260511-neoc
- Published UTC
- 2026-05-10T22:21:00Z
- Projects
- cap-chat
- Commodities
- others
AEM Ltd 31 December 2025 Annual ReportResults · HighExtracted
Audited 2025 financial statements and operating review for the Cap-Chat high-purity alumina business.
- Document ID
- aem-2025-annual-report
- Published UTC
- 2026-03-22T22:17:30Z
- Projects
- cap-chat
- Commodities
- others
Alpha HPA interim reportOther · MediumExtracted
HPA Stage One customer qualification and Stage Two build; mixed-stage competitor.
- Document ID
- peer-a4n-report
- Published UTC
- 2026-02-26T00:00:00Z
- Projects
- —
- Commodities
- —
South Australia critical minerals economic study, January 2024Other · MediumExtracted
South Australian Centre for Economic Studies report commissioned by the South Australian Department for Energy and Mining, dated January 2024; day unknown and month-end used as a conservative placeholder. It quotes a CRU forecast and historical HPA product price ranges, not a current spot quotation.
- Document ID
- aem-2024-critical-minerals
- Published UTC
- 2024-01-31T00:00:00Z
- Projects
- cap-chat
- Commodities
- others
Evidence facts81
622315 AUD
2025-12-31-28662719 AUD
2025-12-31-20140626 AUD
2025-12-3139823506 AUD
2025-12-31712387 AUD
2025-12-31300475 AUD
2025-12-31273632 AUD
2025-12-31138280 AUD
2025-12-311673864 AUD
2025-12-3111184676 AUD
2025-12-31589503245 shares
2025-12-312000 tonnes per annum
2025-12-313000 tonnes per annum
2026-06-30298800000 CAD
2025-04-30Existing permit amendment covers Stage 1 equipment; further amendments are required for equivalent 2,000 tpa and later 3,000 tpa production rates. None
2026-03-204800 tonnes per annum
2025-12-3127.1 USD/kg
2025-12-310.53 AUD/share
2025-12-181.55 % of consolidated annual sales
2025-12-3115 % IRR
2025-12-31Alexis Clark None
2026-03-23Richard Seville None
2026-03-23Michael Adams None
2026-03-23176205 rights
2026-07-21365870869 shares
2026-07-22223632375 shares
2026-07-224224010 options
2026-07-226513432 rights
2026-07-2210978602 rights
2026-07-222272175 units
2026-07-222000 tonnes per annum
2026-07-273000 tonnes per annum
2026-12-316000 tonnes per annum
2029-12-315500 tonnes per annum
2026-06-30160000000 USD per annum
2026-06-3029 USD/kg
2026-06-3016 projects
2026-06-30215000000 USD
2025-06-3047100000 USD per annum
2032-12-3185200000 USD per annum
2032-12-31800000 CAD
2026-05-1110 kg/day
2026-05-11Exclusive supply; volume and price undisclosed None
2026-07-1512.5 tonnes
2026-06-3025.4 USD/kg
2026-06-3017.6 tonnes
2026-06-3027 USD/kg
2026-06-306300 tonnes per annum
2026-07-3140–60 tonnes
2026-12-314 agreements
2026-08-24end 2027 None
2027-12-31mid-2028 None
2028-06-30459518 AUD
2026-06-30-13420851 AUD
2026-06-30-13270180 AUD
2026-06-30-2885843 AUD
2026-06-3023667483 AUD
2026-06-301738451 AUD
2026-06-3010564926 AUD
2026-06-30233206 AUD
2026-06-30494899 AUD
2026-06-30180060 AUD
2026-06-301378739 CAD
2026-07-31100% group ownership None
2026-06-30-10360000 AUD
2026-12-313700000 CAD
2026-06-30397110 units
2026-08-31365870869 shares
2026-09-01223632375 shares
2026-09-012669285 units
2026-09-01225 projects
2026-08-3038 projects
2026-08-3018 projects
2026-08-306400 tonnes per annum
2026-08-30215000000 USD
2025-06-3047100000 USD/year
2032-12-3185200000 USD/year
2032-12-310.3 AUD/share
2026-10-30146385 shares
2026-10-30market data provider via miners.collect_stock_prices None
2026-10-30one ASX AEM ordinary share None
2026-10-30