Latest Electrical Components News

IPD Group Limited has agreed to acquire Platinum Cables Pty Ltd for $37.5 million upfront, enhancing its position in the mining sector and delivering an 11.5% accretion to FY25 earnings per share.

Renascor Resources reports steady progress on its Purified Spherical Graphite demonstration plant in Adelaide, backed by a $5 million government grant, aiming to challenge China’s dominance in battery materials.

Latrobe Magnesium has locked in $10 million through a placement and entitlement offer to complete its demonstration plant and push towards commercial-scale magnesium production.

Southern Cross Electrical Engineering has announced over $110 million in new and renewed contracts, reinforcing its position in Australia’s infrastructure services and manufacturing sectors.