Latest Financial Impact News

NoviqTech has entered a strategic partnership with Evercity to integrate their platforms and expand blockchain-enabled carbon market solutions, targeting emerging markets like East Africa.

Magnis Energy Technologies reveals that its partners IM3NY LLC and Imperium3 New York Inc have entered Chapter 11 bankruptcy proceedings, raising questions about future operations and financial stability.

Viva Energy delivered a slight increase in sales volumes for 4Q2024 and a record Commercial & Industrial segment performance, despite a disruptive refinery outage and challenging retail conditions. The company also secured key approvals for its Liberty Convenience acquisition, aiming for completion by March 2025.

Ten Sixty Four Limited has received a crucial US$10.5 million payment from Philsaga Mining Corporation, enabling it to settle outstanding related party debts and advance its Deed of Company Arrangement.

Gathid Ltd reports a strong quarter with a 92% year-on-year increase in Annual Recurring Revenue, new customer wins, and industry recognition, despite ongoing challenges in finalising the sale of its physical security business.

Aquirian’s subsidiary Western Energetics has secured a $20 million, three-year supply agreement with Mt Ida Goldmine, delivering innovative energetics and technology solutions that promise cost savings and environmental benefits.

Peregrine Gold secures a significant $1 million commitment from its largest shareholder, Yandal Investments, strengthening its entitlement offer ahead of the project sale to Capricorn Metals.

Wesfarmers has announced the wind down of Catch as a standalone business, transferring its e-commerce fulfilment centres to Kmart Group and integrating key digital capabilities into its retail divisions to strengthen omnichannel offerings.

BHP has reported a robust 10% increase in copper production for the half year ended December 2024, driven by record output at Escondida and strong performances across key assets. Despite a weather-related setback in South Australia, the company remains on track to meet FY25 guidance while advancing major growth projects and sustainability initiatives.

MLG Oz Limited has locked in contracts worth over $45 million annually with Northern Star Resources, extending a partnership spanning more than 10 years across key Western Australian gold operations.

Amcor plc and Berry Global Group, Inc. have entered into a definitive merger agreement for an all-stock transaction valued at approximately $9.9 billion. The combined entity aims to leverage significant synergies and enhanced market reach, pending shareholder and regulatory approvals.

Premier Investments reveals a steady sales performance despite ongoing cost-of-living challenges, while preparing for a strategic merger with Myer.