Latest It Infrastructure News

Forrestania Resources has revealed further high-grade niobium mineralisation from its maiden RC drilling at the Wozi Project, Malawi, validating a large near-surface system with grades up to 0.94% Nb2O5 and confirming the project's critical minerals potential.

Yancoal Australia is set to acquire an 80% stake in the Kestrel Coal Mine for US$1.85 billion upfront plus up to US$550 million in contingent payments, significantly boosting its metallurgical coal portfolio and production scale in Queensland.

Tian An Australia Limited reported a statutory profit of $23.4 million for the year ended 31 December 2025, driven by strong property development sales and a gain from restructuring its major shareholder loan. The company progressed multiple residential projects and improved its net asset position amid a recovering housing market.

Cuscal Limited is set to acquire New Zealand payments provider Paymark for A$27 million, funded by a fully underwritten A$30 million institutional placement and a non-underwritten A$3 million share purchase plan. The deal, expected to complete by June 2026, will add scale and geographic diversification while being accretive to earnings in FY27.

Winton Land has gained conditional fast-track approval for its Ayrburn Screen Hub, a comprehensive film production and accommodation facility near Arrowtown, promising regional economic and environmental benefits.

Veris Limited has expanded its relationship with Hexagon’s Octave by becoming the authorised geospatial software distributor across Australia and New Zealand, aiming to generate an initial $1.2 million in annual recurring revenue.

Janus Electric has locked in two California HVIP vouchers worth US$112,500 each for its initial US vehicle conversions, validating its tech under a key decarbonisation program. It also inked a non-binding MOU with Energy One to explore battery swap and charging infrastructure for Class 8 freight trucks across North America.

ION Video has entered substantive early-stage discussions with Meta and Alphabet, exploring potential applications of its patented video virtualization technology. These talks are part of a broader engagement with major global tech players, though no formal deals have yet been struck.

Pioneer Minerals has submitted a crucial Plan of Operations to the US Forest Service, paving the way for drilling at its Springfield Prospect in Idaho. The program targets tungsten, gold, and gallium mineralisation, marking a significant step toward project development.

Altair Minerals has launched a major 12-month, 30,000m drilling campaign at its Greater Oko Project in Guyana, focusing on validating historic high-grade gold trenches at North Peters and exploring a large untested anomaly at South Oko.

Golden Horse Minerals has intercepted significant shallow high-grade gold mineralisation near historic workings at Southern Cross, expanding the known Hopes Hill system with promising drill results. Ongoing drilling and regional exploration set the stage for resource growth in 2026.

Zeotech Limited has made significant progress on its Toondoon Kaolin Project, securing critical environmental approvals, advancing mine planning, and preparing for an initial kaolin shipment amid rising contractor cost pressures.