Latest Infrastructure News

MGX Resources is set to exit its Koolan Island iron ore operation, selling to Crestlink for $20.2 million upfront plus potential revenue share, while shifting focus to gold development.

Megaport Limited is raising approximately A$827 million through a fully underwritten entitlement offer to finance four major AI contracts and build an on-demand GPU Pool, aiming to establish a globally-distributed AI inference cloud.

Alfabs Australia is sharpening its financial focus with a plan to double or triple free cash flow by FY2028, underpinned by a disciplined capital framework and a clear dividend reinstatement path.

X2M Connect has partnered with Resi Ventures to deploy its AI-driven platform in regional Australian data centres, starting with a major integrated precinct near Ballarat. The collaboration targets the surging demand for edge computing and sustainable energy management across regional infrastructure.

Anson Resources and POSCO Holdings have inked a binding agreement for POSCO to design and operate a $7.2 million Direct Lithium Extraction demonstration plant at the Green River Lithium Project in Utah, aiming to validate proprietary lithium extraction technology and strengthen U.S. battery supply chains.

West Cobar Metals (ASX: WC1) has struck a deal to acquire the Baxter Fluorspar Project in Nevada, a site with a rich history of premium acid-grade fluorspar production. Backed by a $1.05 million placement, the acquisition positions WC1 within a critical US supply chain for fluorspar, a mineral vital for semiconductor and defence industries.

LTR Pharma has locked in Strive Specialties as its exclusive US pharmacy fulfilment partner for ROXUS, marking a critical step towards commercial launch in the US erectile dysfunction market.

Strike Energy’s South Erregulla Power Station has completed major construction and started commissioning, advancing toward its October 2026 target for commercial operation.

Lendlease appoints seasoned real asset executive Nick O’Neil as CEO, marking a leadership shift aligned with its strategic reset and portfolio simplification.

Aurum Resources has unveiled a robust Pre-Feasibility Study for its Boundiali Gold Project in Côte d'Ivoire, declaring a maiden Probable Ore Reserve of 1.21 million ounces and targeting first gold production in early 2028.

Morella Corporation’s final 2026 drilling results at Mt Edon reinforce broad rubidium mineralisation and reveal multiple higher-grade zones, advancing the project toward its maiden JORC Mineral Resource Estimate.

PC Gold has acquired the former Territory Iron accommodation camp near its Spring Hill Gold Project for A$770,000, gaining 64 rooms and full utilities. The move cuts capital costs and development time, supporting exploration and mine development.