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Prairie Lithium (ASX:PL9) announced that its commercial-scale direct lithium extraction unit has entered the final stages of testing.

Hydrix (ASX:HYD) launched a 6-for-1 accelerated pro-rata renounceable entitlement offer aimed at raising up to $8.2 million.

Electro Optic Systems (ASX:EOS) has announced a major capital raising initiative of up to $175 million to support growth opportunities and fund its recent acquisition of MARSS.

Gold producer Austral Gold (ASX:AGD) commenced an extensive 8,500-metre drilling programme at its Casposo–Manantiales mine complex.

China's growth slowed in April with investment declining and retail sales rising just 0.2%. HSBC's Jing Liu says the latest data should be viewed in the context of the Middle East conflict. "China is probably more resilient than others but no exception in terms of taking the hit," she tells Bloomberg Television.

Karoon Energy (ASX:KAR) said production has resumed at the Baúna Project following the completion of a planned 28-day facilities shutdown.

Northern Minerals (ASX:NTU) announced that the Federal Treasurer has issued new disposal orders targeting a block of the company’s equity.

Tuas (ASX:TUA) shares crash over 60% following a surprise investigation by Singapore regulators into its subsidiary, Simba Telecom, over unauthorised radio band use.

Challenger Gold (ASX:CEL) announced a $85 million equity placement alongside a major leadership shake-up.

Brazilian Rare Earths (ASX:BRE) announced plans to demerge its 100%-owned Amargosa Bauxite-Gallium Project into a newly formed, ASX-listed entity named Alurion Resources.

Cyber security and technology services provider Infotrust (ASX:ITS) appointed veteran technology executive Paul Timmins as its CEO.

Pro Medicus (ASX:PME) has secured a major seven-year, $90 million contract with US healthcare system Beth Israel Lahey Health.