Latest Waste Management News

Cleanaway Waste Management reported a 3.7% revenue increase to $1.94 billion for the half-year ending December 2024, while profit after tax remained flat at $74.2 million amid operational challenges including a significant fire at its St Marys facility.

Entyr Limited has received a $3.79 million R&D tax incentive payment for its innovative thermal desorption project targeting rubber waste, reinforcing its position in sustainable tyre recycling technology.

Entyr Limited has ramped up tyre receivals and processing volumes in the December quarter, alongside securing new supply and offtake agreements as it prepares for ASX reinstatement. The company’s ongoing plant upgrades and strategic partnerships signal a potential turnaround in its operational and financial trajectory.

Close the Loop Limited has ended acquisition discussions with Adamantem Capital but remains confident in its standalone growth strategy, projecting steady revenue and an EBITDA range of $11m-$13m for the first half of 2025.

Entyr Limited has launched a $9.5 million capital raising via a Share Purchase Plan and Placement Offer, aiming to recapitalize and return to ASX trading following its recent voluntary administration.

Close the Loop Limited has concluded its exclusivity period with Adamantem Capital without signing binding transaction documents, leaving the potential acquisition uncertain. Shareholders are advised to await further updates as discussions remain open but no deal is confirmed.