Latest Infrastructure News

Eastern Gas Corporation Limited, a new ASX-listed subsidiary of Pure One Corporation, has lodged a Replacement Prospectus to raise $5.5 million for advancing its Queensland gas projects, targeting commercial production through horizontal drilling and fracture stimulation.

Li-FT Power Ltd has announced a strategic acquisition of Winsome Resources Limited and plans to acquire a controlling interest in the Galinée lithium property, aiming to create a leading Canadian lithium developer with enhanced scale and market presence.

MFF Capital Investments appoints Gerald Stack as CEO and Managing Director, signaling a strategic evolution with a proposed dividend increase to 10 cents per share.

Superior Resources has increased its capital raise to $2 million, funding a significant drilling campaign and feasibility studies aimed at accelerating gold production and advancing copper exploration in northern Queensland.

Cue Energy Resources and partners have signed a Letter of Intent with the Northern Territory’s Power and Water Corporation to kickstart a four-well drilling program at Mereenie and Palm Valley, aiming for gas supply contracts through 2034.

Horizon Oil and its joint venture partners have signed a binding Letter of Intent with Northern Territory’s Power and Water Corporation to fast-track drilling of two new wells at Mereenie, aiming to secure long-term gas supply agreements through 2034.

Acusensus Limited has announced a $30 million equity placement to bolster its balance sheet, alongside winning a landmark $34 million contract in Connecticut, marking a significant step in its US expansion. The company also reported multiple contract expansions in Australia and a new debt facility to support its growth ambitions.

Aeris Resources has reported significant high-grade copper intersections extending mineralisation beyond current resources at its Tritton Operation in New South Wales, highlighting potential new mineralised trends and thicker deposits.

Central Petroleum has signed a binding Letter of Intent with Northern Territory's Power and Water Corporation to fast-track drilling of four wells and establish long-term gas supply agreements through 2034.

Magnetic Resource NL is refining its Lady Julie Gold Project with updated mine designs and infrastructure work, aiming to reduce costs and boost gold recovery ahead of a final optimization report in early 2026.

Zenith Minerals has confirmed the lateral and depth expansion of its Red Mountain gold system in Queensland, with strong results from recent reverse circulation drilling and the commencement of diamond drilling to target high-grade zones.

Following a critical ASIC Inquiry Interim Report, ASX has pledged a strategic reset including a $150 million capital charge and enhanced board independence to restore market confidence.