Latest Data Centres News

NEXTDC has increased its pro forma contracted utilisation by 73MW to 740MW as of June 30, 2026, reflecting new customer wins and a forward order book now standing at 565MW. Despite this growth, FY26 financial guidance remains steady.

Podium Minerals has confirmed robust platinum group metals mineralisation extending to 500 metres depth at Parks Reef, reinforcing the project's scale and growth potential amid supportive market fundamentals.

Critical Minerals Group’s Pre-Feasibility Study for its Lindfield Vanadium Project delivers a robust $821 million pre-tax NPV and 26.6% IRR, setting the stage for a Definitive Feasibility Study and potential final investment decision in 2027.

Activeport signs GOIP Globalnet to its Global Edge network, marking the third international carrier deal in a week and reinforcing its strategy for recurring revenue growth.

Argent Minerals has upgraded its Kempfield silver resource to 142.8 million ounces silver equivalent, reinforcing the project’s scale and quality amid ongoing 2026 drilling campaigns targeting resource expansion and early production pathways.

Barramundi’s portfolio returned a solid 3.8% gross gain in Q2 2026, driven by strong AI-related infrastructure plays and takeover interest in key holdings, despite sector volatility and profit downgrades in healthcare and logistics.

Kingfish Limited outperformed the S&P/NZX50G with an 8.7% gross portfolio return in Q2 2026, driven by strong results from Fisher & Paykel Healthcare, Vista Group, and Infratil, while a2 Milk faced supply chain and regulatory challenges.

Macquarie Technology Group has exercised its option to purchase a prime 34,200sqm site in Macquarie Park for $240 million, setting the stage for a cutting-edge engineering and technology campus alongside its data centre operations.

Synertec has expanded its Powerhouse footprint with Santos, adding two new solar-plus-storage systems to power coal seam gas wells under a high-margin BOOM model.

SKS Technologies has landed a $28 million early works contract for the MEL2 hyperscale data centre in Melbourne, boosting its FY27 order book to $312 million amid a surging Australian data centre pipeline.

Mayfield Group Holdings is set to acquire Nilsen's Switchboards Division for $4 million, adding 66 skilled employees and the N-Series product platform to boost manufacturing capacity and revenue.

Adrad Holdings is investing $3 million to build a second factory in Thailand, aiming to boost capacity for its Heat Transfer Solutions business and streamline operations.