Latest Infrastructure News

Alliance Nickel has approved a second phase of vat leach testing after preliminary NiWest results supported continued evaluation of the alternative processing route. The potential prize is substantial, but quantified recoveries and capital savings remain unproven.

SRJ Technologies has secured a US$1.234 million purchase order for an LNG controls upgrade supporting a Middle Eastern National Oil Company. The award adds revenue across FY26 and FY27 while giving SRJ a less site-dependent route to build its Gulf credentials.

Acrow Limited (ASX: ACF) is targeting a sharp FY27 earnings lift after industrial access revenue exceeded $200 million and post-year-end acquisitions expanded its platform. The FY26 result was more mixed: revenue reached a record $336 million, but underlying net profit fell 20% and the dividend was reduced.

Viridis Mining and Minerals Limited (ASX:VMM) has used its FY2026 annual report to present Colossus as a rare earths project moving from study work into execution. The company has reported strong DFS economics and fresh equity funding, but still needs key permits, binding offtake and senior debt before construction can fully proceed.

VanEck’s 13 ASX-listed ETFs produced sharply divergent FY2026 results, led by a $1.002 billion profit for Global Infrastructure and a $321.5 million gain for Gold Miners. Video Gaming and Esports moved the other way, reporting a $21.5 million loss, while International Wide Moat was subsequently overhauled and renamed.

Global X US Infrastructure Development ETF delivered a sharp rise in annual profit and nearly doubled its asset base, but disclosed that its net asset value has since fallen more than 10%. The filing leaves the size and drivers of that post-year-end decline unspecified.

Embelton Limited (ASX:EMB) grew revenue, profit and operating cash flow in FY2026 despite subdued residential construction, while maintaining its 35-cent fully franked annual dividend. The flooring and engineering group is leaning further into infrastructure, data centres, healthcare and other commercial work, although its near-term contracting pipeline remains modest.

WT Financial Group has delivered its sixth consecutive year of growth, with EBITDA rising 19.5% to $8.2 million and operating cash flow reaching $10.3 million. The ASX-listed advice network is now shifting from building scale to monetising its B2B platform and Hubco investments, while carrying higher provisions and debt.

Peninsula Energy has reported stronger flow rates from several Lance header houses, including HH17 operating above its design target and new wells delivering higher rates and grades. The company is retaining its 2027 production guidance while slowing capital deployment until the operating improvements are proven over time.

Cobalt Blue has secured a US$150,000 contract to deliver key technical work for Glomar Minerals’ planned US polymetallic nodule refinery. The work takes Project Infinity into a formal Preliminary Economic Analysis, although the project remains at an early evaluation stage and its cost estimates carry a wide accuracy range.

Rubicon Water’s technology has been selected as part of a joint venture bid for a major Moroccan irrigation upgrade covering 69,600 hectares. The opportunity could become its largest EMEA contract, but formal execution remains subject to a 15-day appeal period and subsequent commissioning.

Element 25 has moved its Butcherbird manganese expansion from feasibility into project delivery, targeting mechanical completion and commissioning in the first quarter of calendar 2027. The company also strengthened funding and commercial support, although construction, financing conditions and the absence of FY2026 revenue leave execution as the central test.