Latest It Infrastructure News

European Lithium and Critical Metals Corp have amended their merger terms to replace a fixed share exchange ratio with a floating ratio tied to Critical Metals' NASDAQ share price, potentially increasing shareholder value amid ongoing merger progress.

Solvar Limited posted a 6.2% decline in statutory net profit for FY26 to $29.5 million, while normalised earnings rose 7.5%. The lender declared a 19.5 cents fully franked dividend and expanded its Australian loan book by 10.5%, driven by growth in commercial lending.

Viking Mines’ maiden drilling at Nevada’s Linka Project reveals multiple broad intervals of visually confirmed scheelite mineralisation, setting the stage for assay results that could validate a near-term tungsten supply boost.

Future Metals NL has raised $3.6 million through a two-tranche placement to advance its Panton PGM Project and support ongoing negotiations for the Savannah Nickel Operations acquisition.

The Savana US Small Caps Active ETF (ASX: SVNP) returned 2.21% in July 2026, beating the S&P SmallCap 600 benchmark by 5.44%, despite a sharp sell-off in semiconductor and AI infrastructure stocks. The fund’s disciplined, algorithm-driven approach helped navigate volatile market sentiment.

Environmental Clean Technologies has secured A$10.6 million in a placement to fast-track commercialisation of its Flash Joule Heating platform and MXene manufacturing, backed by a strategic acquisition and feedstock supply.

DXN Limited has landed a $4.1 million contract to deliver a prefabricated Edge data centre at Melbourne Airport, alongside a $1.6 million contract variation with Globalstar, reinforcing its foothold in mission-critical infrastructure.

Schaffer Corporation reported a modest 8.6% decline in net profit for FY26 to $22.2 million, with a rebound in Automotive Leather offset by a loss at Delta and strong gains from its South Connect Jandakot property development.

Service Stream Limited (ASX: SSM) posted a modest 1.1% revenue rise to $2.35 billion for FY26, driven by Utilities and Asset & Facility Management growth, including a new Defence contract. EBITDA from operations surged 11.8% to $163.4 million, while statutory NPAT dipped 3.8% due to $21.2 million in ERP modernization costs. The company declared a final dividend increase to 3.5 cents per share.

WAM Global's FY2026 investment portfolio fell 4.2%, dragging the company to a $35.2 million net loss despite a 6.6 cent fully franked final dividend.

QX Resources has unveiled a significant JORC-compliant Exploration Target for its Madaba Uranium Project in Tanzania, estimating 18–33 million pounds of uranium oxide at grades suitable for open-pit mining. The company aims to convert this target into a maiden Mineral Resource with drilling planned for late 2026.

The Lottery Corporation reported a resilient FY26 performance despite a rare jackpot drought, extending its Victorian licence by 40 years and unveiling a fresh digital-focused strategy.