Latest Critical Infrastructure News

Magnetite Mines Limited has announced a pro rata renounceable rights issue aiming to raise up to $2.65 million to advance its flagship Razorback iron ore project. The capital raise includes free attaching options and is partially underwritten, supporting key development milestones and strategic partnerships.

SRJ Technologies has opened the retail component of its fully underwritten entitlement offer, inviting eligible shareholders to participate in a significant capital raising initiative aimed at supporting its advanced asset integrity services.

Canyon Resources has drawn down US$26 million from its US$140 million credit facility to accelerate infrastructure and rolling stock procurement at its Minim Martap bauxite project, targeting production start in early 2026.

Solis Minerals has secured permits to begin a significant 5,000-metre diamond drilling campaign at its Ilo Este copper-gold project in Peru, aiming to unlock large-scale mineral resources. Drilling is set to start in August 2025, following progress at the nearby Chancho al Palo project.

Beach Energy has reported a robust FY25 performance marked by significant production growth, record free cash flow, and strategic progress on key projects like the Waitsia Gas Plant and Moomba CCS. The company’s disciplined cost management and gas marketing strategy underpin a confident outlook for FY26.

Strike Resources has made significant progress on its Apurimac Iron Ore Project in Peru, engaging with government agencies on critical railway infrastructure and initiating environmental studies, despite recent civil unrest impacting operations. Meanwhile, its stake in Lithium Energy Limited sees advancement in key lithium and gold-copper projects.

Lindian Resources has advanced construction at its Kangankunde Rare Earths Project ahead of schedule while securing 100% ownership of the Lelouma Bauxite Project, underpinning its growth strategy in critical minerals.

Admiralty Resources NL reports steady progress at its Mariposa Iron Ore Project in Chile, securing a major sales contract and advancing critical infrastructure during Q2 2025.

Quantum Graphite Limited has made significant strides in developing its Eyre Peninsula Graphite Hub, progressing detailed planning with government stakeholders and attracting new financiers for its Uley 2 project. Exploration and purification testwork updates promise to refine its resource and product quality outlook.

Hartshead Resources NL reports steady progress on its P2607 gas development in the UK Southern North Sea, supported by a strong cash position and ongoing joint venture negotiations with RockRose Energy.

AGL Energy has greenlit a major $800 million investment in a 500 MW grid-scale battery in New South Wales, marking a significant step in its clean energy transition.

Sovereign Metals has marked significant progress at its Kasiya Rutile-Graphite Project in Malawi, completing key geotechnical studies and securing a power supply framework. New US tariffs on Chinese graphite elevate Kasiya’s strategic importance as a low-cost alternative.