Latest It Infrastructure News

Energy Transition Minerals Ltd (ETM) has won the bid for the Penouta mine in Spain, the EU’s sole tin-tantalum-niobium producer, raising A$10 million to support the acquisition and development amid regulatory hurdles.

ASX has revealed it expects to incur an additional $25 million to $35 million in operating expenses in FY26 due to the ongoing ASIC compliance inquiry. Despite this, the company remains committed to its five-year strategy focused on technology and risk management.

Maronan Metals has signed a non-binding MoU with Austral Resources to explore toll processing at the Rocklands facility, aiming to unlock cost-effective pathways for its mineral projects.

SRJ Technologies clarifies its financial position and strategic rationale behind a recent capital raise and acquisition of a UAE entity, addressing ASX concerns over its viability and voluntary suspension.

Nova Minerals has achieved a remarkable 132% upgrade in antimony grade through ore sorting at its Estelle Project in Alaska, advancing its goal to establish a strategic U.S. supply chain amid critical mineral shortages.

Westgold Resources projects a rise in gold production to 345-385koz in FY26, backed by significant capital investment and operational improvements aimed at boosting free cash flow.

Prophecy International and Complexica announce a strategic merger to form MergeCo, an ASX-listed AI pure play with enhanced scale, product synergies, and growth potential.

Critical Resources Limited is advancing a suite of gold, antimony, and lithium projects across New Zealand, Canada, and Australia, with drill programs slated for late 2025. The company’s focus on underexplored Tier-1 jurisdictions and strategic resource development positions it well amid tightening critical minerals supply.

FirstWave’s Q4 FY25 update reveals a slight revenue decline but highlights a strategic AWS partnership and new chairman appointment, signaling a pivotal growth phase.

BMG Resources has secured $600,000 through a strategic share placement to advance its Western Australian gold projects, focusing on a scoping study at Abercromby and further drilling at Bullabulling.

RareX Limited reports exceptional high-grade gallium intercepts at its Cummins Range deposit, reinforcing its position as a leading Australian source amid a tightening global market. The company is advancing processing strategies to capitalise on gallium’s rising strategic importance.

Centuria Industrial REIT has released its FY25 Property Compendium, detailing a $3.89 billion portfolio of 87 industrial assets across Australia, highlighting strong occupancy and long lease terms.