Latest Fuel Storage News

Boab Metals has secured a six-year diesel supply deal with Cambridge Gulf subsidiary CGL Fuel, ensuring fuel reliability for Sorby Hills as it advances toward production in late 2027.

Channel Infrastructure has locked in a government contract for 93 million litres of additional diesel storage at Marsden Point, adding about $8 million revenue in 2026 and reinforcing its role in New Zealand’s fuel security.

Channel Infrastructure is partnering with the New Zealand Government to rapidly expand diesel storage capacity at Marsden Point, aiming to strengthen fuel supply resilience within two months.

Duratec Limited reported a modest revenue decline in 1H FY26 but posted gains in profitability and maintained its dividend, underpinned by strategic acquisitions and sector diversification.

Saunders International has landed a $16.4 million contract to refurbish a fuel storage tank at Ampol’s Lytton Refinery, reinforcing its role in Australia’s energy infrastructure upgrades.

Lindian Resources has awarded all major non-process infrastructure contracts for its Kangankunde Rare Earths Project in Malawi, marking a pivotal step toward first production in late 2026. Construction is underway with strong schedule confidence and capital discipline.

Robex Resources confirms steady progress at its Kiniero Gold Project in Guinea, maintaining schedule and budget for first gold production in late 2025. Key construction milestones and drilling activities highlight the project’s momentum.

Pacific Lime and Cement Limited has made significant strides in Papua New Guinea, rebranding and advancing key projects while initiating commercial quicklime shipments to Western Australia. The company’s robust cash position and community agreements set the stage for upcoming construction milestones.

Auric Mining has acquired a mining camp, nickel rights, and water access from WIN Metals for $1.4 million, strengthening its operational control and growth prospects at the Munda Gold Mine.

Mayur Resources has marked significant progress at its Central Lime Project in Papua New Guinea, completing key wharf infrastructure and ordering essential construction equipment ahead of major build phases.