Latest Operational Efficiency News

Mighty Kingdom Ltd has appointed Dylan Miklashek as Interim CEO and Duncan Gordon as Non-Executive Chair, signaling a fresh leadership approach amid a company restructuring.

Beach Energy delivered a robust Q2 FY25 with a 22% production increase and a 32% surge in sales revenue, driven by LNG sales and operational efficiencies. The company also significantly reduced net debt while advancing key projects like the Waitsia Gas Plant and Moomba CCS.

Invex Therapeutics reports encouraging results from its collaboration with Tessara Therapeutics, showing Exenatide’s potential to improve neuronal survival in a 3D human brain model of Alzheimer's disease. The company maintains a stable cash position while exploring new neurological partnerships.

Metals X Limited has delivered a record-breaking quarter with tin production hitting 3,329 tonnes, alongside a significant boost in revenue and cash reserves. The company also advanced its strategic positioning through an increased stake in First Tin Plc and an unsolicited acquisition approach to Greentech Technology International.

Evolution Mining delivered a standout December quarter with record cash flows, improved safety, and regulatory approval extending Cowal’s mine life to 2042. The company’s growth projects, including the Mungari mill expansion, are progressing ahead of schedule and under budget, positioning Evolution strongly for FY25.

Paladin Energy Ltd reported a robust quarterly cash flow for Q4 2024, with a net operating cash inflow of $43.3 million and a strong cash position of $117.1 million, underpinning its ongoing projects and financial flexibility.

Iluka Resources has exceeded its 2024 production guidance with robust zircon and synthetic rutile output, while advancing key projects and implementing cost-saving measures ahead of 2025.

Wildcat Resources has delivered a landmark Mineral Resource Estimate for its Tabba Tabba Lithium Project, positioning it as a major player in Australia’s lithium sector with a high-confidence 74.1Mt resource at 1.0% Li2O.

Vection Technologies has secured an additional $0.5 million in sales for its Algho AI platform, reinforcing its foothold in the European market and accelerating its integrated AI and XR strategy.

Pentanet Limited reports its first EBITDA positive quarter in FY25 Q2, driven by a successful 5G coverage expansion and strong growth in its NVIDIA Cloud gaming platform. The company is on track to double its 5G footprint this year, underpinning future profitability and market competitiveness.

Pentanet has reached a key financial milestone by turning EBITDA positive in H1 FY25, driven by strong 5G subscriber growth and cloud gaming revenue expansion. The company is on track to double its 5G network coverage this year, underpinning future growth.

Amplitude Energy has reported a record quarterly sales revenue of $67.9 million for Q2 FY25, alongside a 9% reduction in net debt, driven by strong spot gas sales and operational improvements at the Orbost Gas Processing Plant. The company continues to advance its East Coast Supply Project, positioning itself for future growth.