Latest Operational Improvements News

SomnoMed reports a robust 19.8% revenue increase in Q2 FY25 and updates its full-year guidance, reflecting strong demand and operational improvements amid ongoing production enhancements.

Vonex Limited reports solid operational improvements and customer satisfaction in Q2 FY25, while endorsing Maxo Telecommunications’ takeover offer and planning a $13 million capital raise to manage debt.

Alcoa Corporation reported robust fourth quarter and full year 2024 results, driven by higher alumina and aluminum prices, operational gains, and key strategic initiatives including the Alumina Limited acquisition.

Coronado Global Resources marked a key milestone with the Mammoth Underground Mine delivering first coal on time and budget, while reporting improved production and cost efficiencies in Q4 2024 despite softer coal prices.

Mount Gibson Iron reported a stronger December quarter with increased iron ore shipments and cashflow, while preparing for a potential accounting impairment due to recent price fluctuations.

Sovereign Metals Limited has released an Optimised Pre-Feasibility Study for its Kasiya Rutile-Graphite Project, reaffirming its position as a future global leader in critical minerals production with robust economics and operational improvements.

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.

Global Health Limited reported a robust 22% increase in customer receipts for the December 2024 quarter, alongside a significant improvement in operating cash flow, positioning the company well amid ongoing healthcare sector challenges.

Korvest Ltd’s first half of FY25 saw profitability pressures from operational setbacks and inflation, but a record order book and new major projects set the stage for a promising second half.

Centrex Limited has announced a $10.4 million entitlement offer to eligible shareholders, aiming to strengthen its financial position and support ongoing operations at the Ardmore phosphate mine. The offer is critical amid recent debt restructuring agreements with Aurizon and NAB.

Hillgrove Resources delivered a robust December quarter with record development and copper production, underpinned by exceptional drilling results at Nugent. The company projects increased output and improved cost efficiency for 2025.