Latest It Infrastructure News

VBX has secured $4.5 million in firm placement commitments and agreed to convert a further $2.5 million of loan notes, giving the Wuudagu bauxite project funding through its delayed feasibility study. The company has also abandoned a proposed $10 million offtake-linked facility while it tests alternative development funding options.

TrivarX has moved Stabl-Im closer to human testing, with pre-clinical studies underway, investigational product preparation progressing and clinical site selection now open. The indicative plan targets first participant enrolment in Q1 2027, but key technical and ethics steps remain outstanding.

Synertec has raised its FY27 revenue guidance by $8.0 million to $8.3 million, pointing to stronger contract conversion and visibility across its Engineering and Powerhouse businesses. The upgrade follows the $45.5 million ANSTO nuclear medicine manufacturing contract, but covers revenue only and not earnings or cash flow.

Australian Mines has appointed a specialist consultant team to complete the pre-feasibility study for its Flemington Scandium Project, targeting delivery in the first quarter of 2027. The study will retain a 60-tonne-per-year scandium oxide reference case while testing production scenarios of up to 180 tonnes per year.

Strike Energy has moved South Erregulla into final commissioning and lifted West Erregulla’s net 2P reserves by about 20%, but the project-heavy year came with sharply lower earnings and operating cash flow. The company is now relying on execution, financing and new production to convert a larger asset base into cash generation.

Tuas Limited (ASX:TUA) delivered a sharp FY2026 earnings lift as Simba’s mobile and broadband subscriber base expanded, with statutory profit rising 277% to S$26.0 million. The result arrives with the M1 acquisition abandoned, S$364.5 million raised but not yet allocated, and an unresolved Singapore spectrum investigation.

Medallion Metals has shifted from project preparation to execution, with Ravensthorpe fully permitted, Forrestania acquired and Cosmic Boy refurbishment underway. The transition is funded by cash, equity and a US$50 million Trafigura facility, but production delivery and rehabilitation liabilities remain substantial tests.

Strike Resources delivered an A$8.58 million full-year profit, but the result was driven largely by its equity-accounted investment in LE Minerals rather than operating cash generation. The company is also relying on a conditional A$5.5 million Apurimac stake sale to strengthen its funding position in Peru.

Yandal Resources posted its busiest exploration year yet, expanding the Arrakis discovery and ending FY2026 with 450,200 ounces of reported resources and $9.7 million in cash. But a larger loss, material going-concern uncertainty and a CEO transition leave the company needing to convert drilling momentum into resources and renewed funding support.

PC Gold’s Spring Hill project emerged from FY2026 with a sharply larger resource, fresh institutional funding and a clearer path towards feasibility studies. The gold explorer remains pre-production and loss-making, but its post-year-end A$75 million raise gives it substantial room to expand drilling and development work.

Rua Bioscience delivered a sharp rise in customer revenue and secured a UK agreement expected to generate NZ$10 million over two years. But PwC disclaimed an audit opinion, warning the company may not have enough cash without another capital raise.

Resolution Capital Global Listed Infrastructure Fund (ASX:RII) delivered double-digit returns across all major unit classes in the year to 30 June 2026, beating its benchmarks by a wide margin. Net assets more than doubled to $424.7 million as profit rose to $56.0 million and investor distributions reached $25.7 million.