Latest Rail Infrastructure News

Magnetite Mines Limited (ASX:MGT) has been awarded Federal Major Project Status for its Razorback Iron Ore Project, unlocking government support as it advances multi-commodity exploration across South Australia. The company is progressing rare earth, copper, and gold programs while positioning Razorback for long-term green steel supply.

GenusPlus Group has agreed to acquire Railtrain Holdings for an upfront $36.5 million, significantly boosting its rail services scale and geographic reach across Australia. The deal includes contingent earn-outs tied to future earnings, positioning GenusPlus for immediate growth in the rail infrastructure sector.

Jameson Resources has marked significant progress in advancing its Crown Mountain steelmaking coal project, doubling its pre-tax NPV to US$942 million and moving closer to final environmental approvals and development permits expected by the end of 2026.

Strike Resources has taken significant steps to enhance its Apurímac Iron Ore Project’s export capabilities through a new port services agreement and is progressing towards resuming mining operations. Meanwhile, its stake in Lithium Energy benefits from a major asset sale, boosting cash reserves.

Felix Group Holdings reported a robust 47% increase in total annual recurring revenue for Q2 FY26, driven by the strategic acquisition of Nexvia and expanding enterprise contracts. The company is advancing AI-powered platform enhancements and navigating key leadership transitions.

Australasian Metals Limited has reported promising exploration results at its May Queen gold and bauxite projects, alongside strategic reviews of lithium assets and a solid cash position heading into 2026.

Canyon Resources advances steadily on its Minim Martap Bauxite Project with mining operations set to begin in February 2026 and a strong equity raise underpinning development.

Canyon Resources advances its Minim Martap Bauxite Project with mining set to start in February 2026 and first shipments targeted for late June, underpinned by key operational milestones and strategic partnerships.

Aurizon has lodged a proposed ten-year Network Access Undertaking with the Queensland Competition Authority, aiming to secure long-term certainty and enhanced operational incentives for the Central Queensland Coal Network.

Symal Group has agreed to acquire an 80% stake in South Australian civil contractor Davison Earthmovers for $23.2 million, marking a strategic entry into a region with a booming infrastructure pipeline.

Southern Cross Electrical Engineering Limited has landed $90 million in new contracts spanning data centre expansion and rail infrastructure projects in Sydney, reinforcing its multidisciplinary strengths.

Canyon Resources confirms steady progress on its Minim Martap Bauxite Project in Cameroon, with mining set to start in early 2026 and the first bauxite shipment planned for June. Key infrastructure and equipment deliveries remain on schedule amid ongoing equity funding efforts.