Latest Industrials News

Centuria Industrial REIT delivered 4% growth in funds from operations for FY26 and expects another lift in FY27, supported by leasing momentum and embedded rental reversion. The opportunity comes with a more exposed interest-rate profile and a development pipeline that still depends on power, planning and execution.

Advanced Engineered Materials is forecasting a sharp lift in second-half sales as its Quebec high-purity alumina operation moves from qualification work towards commercial production. The larger prize is a possible 6,000-tonne-per-year expansion, but that plan still depends on feasibility, financing and final investment approval.

Delorean Corporation and Opal have completed the concept stage for a proposed anaerobic digestion facility at Opal’s Maryvale Mill in Victoria. The project could replace natural gas used by the mill’s rotary lime kiln, but still requires further engineering, commercial work and a final investment decision.

IDP Education has rejected a second, higher takeover proposal from Blackstone, saying the $2.50-per-share offer fails to capture the value of its platform and transformation program. The confidential, non-binding proposal leaves open the question of whether Blackstone will return with a revised bid.

Papyrus Australia moved its banana-fibre technology into early commercialisation during FY26, signing an estimated $4.2 million TBS supply contract and delivering commercial-scale samples. But the company ended the year with $257,077 cash, negative equity and an auditor-flagged material uncertainty over its ability to continue as a going concern.

Harmoney will continue buying back up to 5% of its issued shares while reaffirming FY27 cash NPAT guidance of $16 million or more. The lender also says potential acquisitions could be funded without an equity raising, although no transaction has been announced.

Firetrail Alpha Plus Fund delivered a 19.05% pre-fee return in the year to 30 June 2026, more than tripling the S&P/ASX 200 Accumulation Index’s 6.01% gain. Net assets almost doubled to $42.944 million as the fund added an ASX-listed unit class and expanded its investor base.

Plato Global Shares Income Fund delivered a 19.89% net return for the year, beating its global benchmark by 4.94 percentage points, while net assets climbed to A$340.0 million. The fund also launched its ASX-listed PGI2 access product as distributions and investor applications expanded sharply.

Plato Global Alpha Fund delivered a 26.7% net return for the year ended 30 June 2026, beating its global equity benchmark by 11.9 percentage points. Net assets climbed almost sixfold to $4.75 billion, driven by investment gains and substantial new applications, although the fund’s short positions and currency exposures remain material risks.

AML3D will contribute about A$530,000 to a three-year, A$3.89 million research project aimed at qualifying its Wire-Arc Additive Manufacturing technology for aerospace tooling. The project carries no immediate revenue, but could open the door to future production contracts if qualification succeeds.

Iron Road’s largest shareholder has distributed its remaining 59.72% stake just as the company prepares to restart delayed nickel-copper-gold drilling at Irria. The transition also includes the November retirement of long-serving chief executive Larry Ingle, with no successor named.

Simble Solutions is extending its NanoSensor technology into terrestrial solar monitoring, using its existing SimbleSense and CarbonView platforms as a potential route to commercialisation. The opportunity remains at the benchmark-testing stage, with space-based solar identified as a longer-term possibility rather than an immediate product or revenue stream.