Australia Breaking News

Terra Metals (ASX:TM1) has reported the visual confirmation of multiple sulphide zones at its Southwest SW6 target.

The Environmental Group (ASX:EGL) subsidiary TAPC secured a $9M contract for an off-gas scrubbing system at the Longonjo Rare Earth Project.

ACCC warns fuel retailers to pass on expanded excise cuts and justifies fuel surcharges as monitoring intensifies across Australia to protect consumers.

NASA's crew of astronauts launched to space and reached a stable orbit, kicking off a landmark journey that will take them closer to the lunar surface than anyone has been in more than 50 years. Bloomberg's Ed Ludlow reports from the Kennedy Space Center in Florida.

Western Gold Resources (ASX:WGR) said the Gold Duke Project transitioned from planning to tangible operational progress.

KMD Brands (ASX:KMD) has finalised the institutional stage of its comprehensive equity raising programme, securing approximately NZ$44.2 million.

Vitura Health (ASX:VIT) announced the appointment of Justin James as its new CEO.

Rystad Energy's Lin Ye warns that Asia is bearing the brunt of crude disruptions in the Strait of Hormuz, noting that refineries are highly reliant on Middle Eastern crude in order to service global demand. President Trump had said the US is self-sufficient and not reliant on Middle Eastern oil.

Noble Helium (ASX:NHE) announced firm commitments to raise $12 million through a strategic two-tranche institutional placement.

France and Japan agreed on the need for a ceasefire in Iran and safe passage for shipping in the region, President Emmanuel Macron said after talks with Japanese Prime Minister Sanae Takaichi.

Prime Minister Anthony Albanese has set the stage for the May 12 federal budget, labelling it the "most ambitious" of his leadership.

Rising oil prices and supply risks are testing global markets as the Iran war threatens flows through the Strait of Hormuz. Canada says its LNG, oil and nuclear projects could help fill gaps for Asia. Trade Minister Maninder Sidhu spoke with Haslinda Amin from Seoul.