Latest Strategic Pivot News

Platinum Capital Limited has pulled its proposed scheme of arrangement due to insufficient shareholder support but will proceed with an on-market buy-back. Meanwhile, L1 Capital pushes for management control and board renewal.

Credit Corp Group delivered a robust FY25 with a 16% increase in net profit after tax, driven by US debt buying and Australian/NZ lending growth. The company sets an ambitious FY26 outlook, underpinned by a record US investment pipeline and new product launches.

TPG Telecom has unveiled pro forma financials reflecting its recent fibre network sale to Vocus, alongside updated FY25 guidance projecting EBITDA between $1.6 billion and $1.65 billion. The company signals a strategic pivot with fresh investments in satellite technology and IT systems.

Neometals reports strong gold assay results from its maiden diamond drilling at Barrambie’s Ironclad and Mystery prospects, confirming high-grade mineralisation and setting the stage for expanded exploration.

Key Petroleum Ltd has secured A$152,361 through a share placement aimed at supporting its merger preparations and corporate development initiatives.

Western Yilgarn Limited has announced a significant discovery of high-grade surface gallium mineralisation at its Ida Holmes Junction Project in Western Australia, highlighting the project's potential in the critical minerals sector.

Loyal Metals has raised $2 million through a targeted placement to accelerate exploration at its newly acquired Highway Reward Copper-Gold Mine, leveraging cutting-edge AI and drone technologies.

Pacific Lime and Cement Limited has approved the Final Investment Decision for its Central Lime Project, adopting a fully equity-funded approach that slashes upfront capital costs by 42% and secures strong backing from the Papua New Guinea government and local communities.

Terrain Minerals has wrapped up a significant 4,995m drilling campaign at its Smokebush Gold Project, with assay results expected in September 2025. The company is simultaneously advancing exploration across multiple Australian projects targeting gold, gallium, copper, lithium, and rare earth elements.

Genesis Energy, alongside Mercury, Meridian, and Contact, has inked 10-year agreements to fortify New Zealand’s energy security through Huntly Power Station capacity and fuel reserves. This strategic move aims to prevent supply crunches like those experienced in winter 2024.

CL8 Holdings has completed the sale of its Carly Car Subscription business to Carbar Holdings, retaining a stake in the merged entity and signaling a strategic pivot towards new growth opportunities.

Infinity Lithium secures a three-month extension for its San José lithium project amid regulatory challenges, while reshuffling its board to pivot towards Australian precious metals.