Latest Strategic Pivot News

Page 62 of 76
Iluka Resources reported a 32% drop in net profit after tax to $231 million for 2024, while securing critical funding for its Eneabba rare earths refinery and progressing the Balranald mine development.
Maxwell Dee
Maxwell Dee
19 Feb 2025
AUCyber Limited has announced a significant reshuffle of its leadership team, appointing Chris Wright as CEO and welcoming three new non-executive directors, signaling a strategic pivot for the cyber security firm.
Sophie Babbage
Sophie Babbage
18 Feb 2025
Nyrada Inc. posted a significant $2.46 million loss for H1 FY25, driven by increased R&D spend, while advancing its lead drug NYR-BI03 into first-in-human trials following regulatory approval.
Ada Torres
Ada Torres
18 Feb 2025
AuKing Mining has entered a strategic joint venture with Cobalt Blue Holdings, enabling COB to earn up to 75% of the Koongie Park copper/zinc project through staged expenditure, while AuKing reallocates focus to its gold and uranium assets.
Maxwell Dee
Maxwell Dee
18 Feb 2025
Cobalt Blue Holdings Limited announces a strategic pivot with a proposed rebranding to Core Blue Minerals Limited and an Earn-in agreement for the Halls Creek Project, marking its diversification beyond cobalt into copper and other base metals.
Maxwell Dee
Maxwell Dee
18 Feb 2025
BSA Limited has been verbally informed by NBN Co that it is unlikely to secure the new Field Services Contract, a deal that accounted for about 80% of its FY2024 revenue. The company is now evaluating strategic options amid this significant setback.
Sophie Babbage
Sophie Babbage
18 Feb 2025
3P Learning reports a modest revenue decline but nearly doubles its underlying EBITDA in the first half of FY25, signaling operational improvements amid a transitional phase.
Victor Sage
Victor Sage
18 Feb 2025
Environmental Clean Technologies Limited (ECT) has raised $750,000 through a two-tranche placement to fund its innovative COLDry Fertiliser Project and pursue strategic acquisitions, alongside key board changes.
Victor Sage
Victor Sage
18 Feb 2025
Deterra Royalties reported a 6% revenue decline to $112.3 million for 1H25, offset by record Mining Area C volumes and new gold income from its Trident acquisition. The company declared a fully franked interim dividend of 9.0 cents per share, reflecting confidence in its diversified royalty portfolio.
Maxwell Dee
Maxwell Dee
18 Feb 2025
Challenger Limited reported a robust 28% increase in statutory net profit after tax to $72 million for 1H25, alongside a 12% rise in normalised net profit and a higher interim dividend. Despite a 12% decline in total life sales, the company’s assets under management grew 12% to $131 billion, reflecting strong operational momentum.
Claire Turing
Claire Turing
18 Feb 2025
Noble Helium Limited has announced a sweeping board and executive reshuffle following pressure from major shareholders, signaling a strategic reset aimed at strengthening its financial footing and advancing its Tanzanian helium projects.
Maxwell Dee
Maxwell Dee
17 Feb 2025
Perpetual Resources has reported outstanding high-grade tin, tantalum, titanium, and niobium mineralisation from reconnaissance sampling at its Itinga Project in Brazil, revealing significant exploration upside in a historically underexplored region.
Maxwell Dee
Maxwell Dee
17 Feb 2025