Latest Rail Infrastructure News

Sims Limited has signed a non-binding MOU to supply 550,000 tonnes of ferrous scrap annually to Alter Steel’s upcoming Electric Arc Furnace in Queensland, marking a major step in Australia’s green steel transition.

Champion Iron Limited reported record quarterly iron ore concentrate sales of 3.8 million dmt and $390 million in revenue, while progressing its DRPF and Kami projects on schedule. The company also enhanced financial flexibility through a $500 million Senior Unsecured Notes refinancing.

Sarytogan Graphite Limited reports softer ore than expected, improved graphite concentrate grades above 90%, and gains European Union strategic project status, advancing its Definitive Feasibility Study on track for mid-2026 completion.

Canyon Resources has achieved critical milestones for its Minim Martap Bauxite Project, including port access approval and a substantial credit facility, setting the stage for production and first shipment in early 2026.

Canyon Resources has begun construction of the Inland Rail Facility and upgraded haulage road in Cameroon, key steps toward first bauxite production and shipment in 2026.

Winsome Resources has resumed targeted exploration for high-grade cesium mineralisation at its Sirmac-Clapier Project in Quebec, aiming to define drill targets following promising 2024 results.

Western Yilgarn Limited has announced a maiden JORC Inferred Mineral Resource of 16.57 million tonnes at its Cardea 3 Bauxite Project, boosting its total bauxite portfolio to 205 million tonnes across Western Australia.

Arrow Minerals has completed key scoping studies for its Niagara Bauxite and Simandou North Iron projects but has halted operations in Guinea due to unclear exploration permit status.

Krakatoa Resources Limited has secured an additional $357,000 through a top-up placement, boosting its recent capital raise to $1.659 million. The company also provides a comprehensive update on its Zopkhito Project in Georgia, alongside an extensive review of associated risks.

GenusPlus Group has upgraded its FY2025 EBITDA guidance following strong quarterly results and acquisitions, while securing a significant $20 million rail infrastructure contract through its recent acquisition MGC Solutions.

Krakatoa Resources secures $1.3 million via placement to fund a maiden diamond drilling campaign at its Zopkhito Project in Georgia, aiming to upgrade foreign resource estimates to JORC standards.

Western Yilgarn NL has secured exploration licences for the Cardea 1 and 2 Bauxite Projects in Western Australia, revealing promising high-grade bauxite results from extensive drilling. The projects' proximity to infrastructure and strong assay data position the company well for future resource development.