Latest It Infrastructure News

PMET Resources has cleared a major regulatory hurdle with federal acceptance of its Environmental and Social Impact Assessment for the Shaakichiuwaanaan lithium-tantalum-caesium project, while pushing forward updated feasibility studies and a critical power application.

Canadian Phosphate (ASX: CP8) has locked in a five-year exploration permit for its Wapiti Phosphate Project in British Columbia, setting the stage for immediate drilling and a refreshed JORC resource estimate by late 2026.

Lefroy Exploration has revised its Mt Martin gold resource estimate to 460,000 ounces at 1.6 g/t, marking a 5% increase driven by economic reclassification and deeper inferred resources. The company is advancing a 4,000m drilling program targeting high-grade extensions, with a scoping study set for the June quarter.

Alliance Nickel Limited has secured $2.4 million from a 63% take-up of its $4.15 million entitlement offer, with director Jamie Sullivan underwriting a portion of the shortfall. The remaining shares are yet to be placed as the company moves forward with its NiWest project.

Ore Resources (ASX: OR3) has kicked off a 3,000m reverse circulation drilling campaign at its Coolgardie Lithium Projects, targeting strike extensions and infill at the Big Red and Potoroo pegmatites. The program follows strong historical lithium intercepts and promising metallurgical testwork, with results due in June 2026.

Pure Resources has demonstrated that its Carbon Nanotube Fibre (CNTF) achieves thermal conductivity up to 600 W/m·K, outperforming copper by 1.5 times and aluminium by up to 3 times, positioning it as a breakthrough for AI, defence, and high-power electronics cooling.

Golden Deeps Ltd has reported significant progress at its Otavi Critical Metals Belt projects in Namibia, unveiling exceptional high-grade copper, silver, zinc, lead, germanium, and rare metal results from drilling and sampling at the Graceland prospect alongside resource expansions and ongoing exploration.

Admiralty Resources has commissioned the transmission line at its Mariposa Iron Ore Project, securing direct grid power and reducing reliance on costly fuel generators.

Connected Minerals (ASX:CML) is set to acquire Frontier Group CRM, gaining control of an 80% interest in the Bailundo carbonatite project in Angola, boasting near-surface high-grade niobium and rare earth mineralisation. Backed by a $4.5 million capital raise, the company aims to fast-track exploration in this emerging critical minerals jurisdiction.

Merino & Co. has secured a three-year exclusive distribution agreement in Mainland China, guaranteeing a minimum annual order of CNY 30 million (~AUD 6.5 million) and targeting 20% yearly growth upon renewal.

Delorean Corporation has launched a $2.2 million Share Purchase Plan at $0.09 per share, matching a recent strategic placement to LMS Energy. The capital raise supports construction of key bioenergy projects in South Australia and New South Wales.

NeuRizer Ltd advanced its urea project with Reliance Industries payments and environmental submissions, despite ongoing ASX trading suspension and overdue financial reports.