Latest Infrastructure News

Ampol Limited has announced a proposed $1.1 billion acquisition of EG Group Australia, significantly expanding its retail network and accelerating its U-GO brand rollout. The deal promises strong earnings accretion and cost synergies, pending regulatory approval.

VHM Limited has appointed Andrew King as CEO and Benjamin McCormick as CFO to spearhead the critical next stage of its Goschen Rare Earths Project development, while outgoing CEO Ron Douglas transitions to a non-executive role.

HiTech Group has reported a solid 7.1% revenue increase for FY2025, driven by strong government sector demand for ICT talent and services, alongside a 10% rise in net profit after tax.

HiTech Group Australia Limited has reported solid growth in revenue and net profit for FY25, underpinned by strong demand in ICT recruitment and contracting services. The company also declared a fully franked 5 cent dividend, reflecting confidence in its financial position.

G50 Corp has confirmed a significant district-scale discovery of precious and strategic metals at its Golconda Project in Arizona, highlighting continuous gold, silver, zinc, copper, and notably high-grade gallium mineralization.

Warriedar Resources has revealed promising assay results from recent drilling at its Windinne Well deposit, confirming significant high-grade gold mineralisation at depth and reinforcing growth potential within its Golden Range Project.

Resouro Strategic Metals reports strong assay results from 18 auger drill holes at its Tiros Northern Block in Brazil, confirming significant near-surface titanium and rare earth mineralization. These findings complement the company’s existing resource base and support ongoing development efforts at the adjacent Central Block.

Carnegie Clean Energy launches a $3 million Share Purchase Plan to fuel commercialisation of its wave and MoorPower technologies, capitalising on growing global momentum in ocean energy.

Evolution Energy Minerals Limited has announced a renounceable pro-rata entitlement offer to raise up to $1.45 million, aimed at funding early development and exploration activities in Tanzania. The offer includes free attaching options and is partially underwritten, with significant implications for shareholder dilution and company control.

Nova Minerals has garnered strong support from Alaska’s Governor and the Australian Consular-General for its Estelle Gold and Critical Minerals Project, aligning with key infrastructure and national security priorities.

Qube Holdings reveals significant non-cash impairments and provisions tied to its Moorebank Logistics Park Interstate Rail Terminal, while underlying earnings are expected to grow by at least 5% in FY25.

NEXTDC has expanded its senior debt facilities to A$6.4 billion, enhancing financial flexibility to support rapid expansion driven by record contract wins and rising demand for AI and cloud infrastructure.