FBR Limited has received a substantial A$6.3 million R&D tax incentive rebate from the Australian Taxation Office, strengthening its financial position as it wraps up its US Demonstration Program with additional funding from CRH Ventures.
PhosCo has formally secured the Sekarna phosphate exploration permit in Tunisia, marking the first time the Tunisian Government has granted a phosphate permit 100% to a foreign investor. This milestone follows the recent approval of the Gassaat project and a strategic MoU with Tunisian authorities and the EBRD.
Lakes Blue Energy has completed the sale of its 49% stake in PEP 169, receiving $6.5 million and securing a 4% royalty on future production. The company now shifts focus to advancing drilling at its Wombat and Trifon/Gangell fields in the Gippsland Basin.
Macmahon Holdings has landed a $463 million mining services contract for the Awak Mas gold project in Indonesia, reinforcing its order book and maintaining its FY25 earnings guidance.
Swoop Holdings has secured a three-year, $30 million wholesale internet services agreement with Flip TV, expected to add $10 million in annual revenue and support Flip’s expanding customer base.