Latest Electrification And Infrastructure News

Prospect Resources has agreed to sell its Step Aside Lithium Project in Zimbabwe for up to US$2.2 million, marking a strategic shift to focus on its larger Mumbezhi Copper Project in Zambia. The deal includes upfront and milestone payments tied to the buyer's development progress.

Manhattan Corporation Ltd reports exceptional polymetallic assay results from its Hook Lake Project in Nunavut, revealing significant precious and base metal mineralisation across multiple prospects. The findings underscore the project's strategic potential in critical metals and precious metals exploration.

Tasmea Limited has launched a $43 million institutional placement to strengthen its balance sheet for future acquisitions, following a robust FY25 with significant profit growth and margin expansion. The company’s FY26 guidance signals continued momentum driven by organic growth and strategic acquisitions.

Tasmea Limited has reported a robust FY25 with a record $600 million order book for FY26, underpinning a confident earnings outlook. The company’s strategic acquisitions and strong organic growth fuel a 32% NPAT increase forecast for FY26.

Cobalt Blue Holdings has completed a promising scoping study for its Halls Creek copper-zinc-silver project and secured a key cobalt feedstock contract with Glencore, setting the stage for a final investment decision on its Kwinana Cobalt Refinery by year-end.

Antares Metals has validated new copper mineralisation zones at its Surprise Copper Project through Phase 2 drilling assays, setting the stage for an expanded Phase 3 program. The discovery of extensional targets and a separate mineralised zone at Marvel highlights growing potential in the Mt Isa North Project.

ikeGPS Group Limited has announced a fully underwritten A$18 million placement and a A$2 million share purchase plan to fund new product development and expand its market leadership in North America's utility software sector.

Alvo Minerals has successfully closed its retail entitlement offer, raising $810,985 and bringing total proceeds from its recent capital raise to $1.56 million. The funds will support ongoing exploration at its Palma Cu/Zn Project and other mineral ventures in Brazil.

New Frontier Minerals advances its NWQ Copper Project by securing bulk sample processing at Austral Resources’ Mt Kelly plant, accelerating its path to copper production in Queensland’s Mt Isa Copper Belt.