Latest It Infrastructure News

Ovanti Limited’s U.S. BNPL arm, Flote, has signed a Letter of Intent with Nasdaq-listed Miluna Acquisition Corp for a $300 million valuation, aiming for a Nasdaq listing while preserving Ovanti’s majority ownership.

Power Minerals has completed the acquisition of the Santa Anna Niobium-REE-Gallium Project in Brazil, positioning itself as a key South American clean energy metals explorer. A substantial drilling campaign is set to define the project's resource potential.

Horizon Gold reports significant shallow gold intercepts from recent drilling at its Gum Creek Project in Western Australia, alongside ongoing deep drilling and a progressing feasibility study.

Verbrec Limited has completed the sale of its Competency Training business for $11.2 million, positioning itself for strategic growth in energy transition and automation sectors.

Bass Oil’s latest Triassic gas study reveals promising new structural features around the Kiwi gas discovery, suggesting a valuable new commercial hub in the northern Cooper Basin.

Healius Limited has landed a significant five-year contract to provide pathology services to the Australian Defence Force, leveraging its national network and digital health solutions.

Metcash Limited reported a marginal rise in sales revenue to $8.48 billion for 1H26, with underlying EBITDA up 2% driven by Food pillar growth, while EBIT declined 2.4% amid challenges in Liquor and Hardware segments. The Board declared an interim fully franked dividend of 8.5 cents per share.

Green Technology Metals has appointed Altris Engineering to complete the Definitive Feasibility Study for its Seymour Lithium Project in Ontario, advancing towards a mid-2026 Final Investment Decision amid a disciplined cash strategy.

NEXTDC has reported a significant 29% increase in contracted utilisation to 316MW, prompting a $400 million rise in FY26 capital expenditure guidance to support accelerated capacity expansion.

Pro Medicus Limited’s U.S. subsidiary has landed a $25 million, seven-year contract to deploy its cloud-based Visage 7 Open Archive with BayCare, extending an existing partnership and marking a significant step in its North American growth.

Moho Resources has secured a new drilling contractor to commence a significant RC drilling program at the Swan Prospect within its Bush Chook Project, aiming to test a major gold anomaly near a high-grade deposit.

APA Group has entered a joint development agreement with CS Energy to build and own a 400MW gas peaking power plant in Queensland, aiming to bolster energy security and support renewable integration by 2028.