Latest It Infrastructure News

Great Divide Mining Ltd (ASX: GDM) has received its inaugural cash payment from concentrate sales under a 12-month offtake agreement, marking a key step from exploration to production at its Challenger Gold Mine.

Cobalt Blue Holdings and Glomar Minerals have shortlisted four US sites and begun testwork for Project Infinity, aiming to build the first commercial polymetallic nodule refinery in the United States.

Encounter Resources is aggressively advancing its Aileron niobium project in Western Australia with a comprehensive 70,000-metre drilling campaign and a Mining Lease application, underpinning its push toward development.

Galilee Energy is gearing up to drill its Zydeco-1 well in Louisiana this July, aiming to kickstart near-term cash flow from a low-cost, low-risk gas-condensate project. The company’s newly formed US advisory board supports a strategy to scale production through repeatable Gulf Coast asset acquisitions.

Contact Energy's May 2026 report reveals increased mass market electricity and gas sales alongside reduced generation costs and robust hydro storage levels. The company continues to invest heavily in renewable projects amid mixed wholesale price trends.

Charter Hall Social Infrastructure REIT (CQE) has acquired a 25% interest in a $53 million Brisbane pathology lab leased to Sonic Healthcare under a 20-year triple-net lease, while divesting early learning assets and reaffirming FY26 guidance.

Klevo Rewards’ Fly Wallet subsidiary is poised to launch a trial of its Australian dollar-backed stablecoin, KLVAUD, following legal advice confirming its eligibility under ASIC’s stablecoin framework.

NoviqTech has agreed to sell its Carbon Central and Fuel Central assets for AUD 1 million, freeing up resources to expand its biochar carbon dioxide removal projects through Coralia.

Vintage Energy has locked in $5 million in South Australian government grants to co-fund drilling two new gas wells, aiming to boost output from the Southern Flank projects in the Cooper Basin.

Krakatoa Resources is gearing up to resume drilling at its Zopkhito antimony-gold project in Georgia, buoyed by strong 2025 results and a two-year extension to its exploration license.

PMET Resources has endorsed NRW Holdings’ ALi® atmospheric leach process for producing battery-grade lithium carbonate, highlighting its economic and environmental advantages. NRW is advancing commercialisation with ongoing testing and development plans.

GR Engineering Services has secured a $233 million EPC contract with Ora Banda Mining for a 3.0 Mtpa process plant at the Davyhurst Expansion Project, reinforcing its strong project pipeline into FY27 and FY28.