Latest Sustainability In It News

Anson Resources has locked in a substantial $194 million business incentive from the Utah Inland Port Authority to support its Green River Lithium Project, underpinning the financing of its planned 10,000tpa lithium carbonate plant.

Core Lithium has finalised the sale of its remaining lithium fines stockpile at Finniss, locking in approximately A$38.5 million in incremental revenue for 2026 through a deal with Glencore.

Corporate Travel Management (ASX:CTD) has posted a $17.7 million net profit for FY26, reversing a prior $348.5 million loss, supported by UK client settlements, new debt facilities, and a governance uplift program.

Tartana Minerals has initiated a comprehensive operational and strategic review following a board leadership change, aiming to unlock value from its extensive base and precious metals assets. Drilling is set to resume at the Nightflower silver project in October, while an independent review of the Copper Sulphate plant is underway amid minimal production in 2026.

HiTech Group has formalised its acquisition of Hudson Global Resources' Australian assets with a $7 million upfront price, plus up to $3 million in deferred payments tied to future cash flow. Completion is targeted for 11 September 2026, pending final conditions.

WAM Leaders has completed a $313 million capital raising through a Share Purchase Plan and an upscaled Placement, boosting its assets under management beyond $2.2 billion and reinforcing its status as one of Australia’s largest LICs.

Argo Investments reported a stable $260.2 million profit for FY2026 with fully franked dividends rising to 38.5 cents per share. The LIC maintains a conservative investment approach, low costs, and strong governance as it marks 80 years.

Ionic Rare Earths (ASX: IXR) and US Strategic Metals have agreed to a 50-50 joint venture to develop rare earth magnet recycling facilities at a fully permitted Missouri site, backed by US$100 million in funding.

Ingenia Communities Group has secured unconditional contracts to sell six New South Wales communities, releasing $124 million in capital that will be deployed into higher-growth projects and debt reduction.

Zinc of Ireland’s ARGO hydrometallurgical process achieves near-complete recovery of silver, lead, and copper from zinc leach residues, fast-tracking pilot plant plans for early 2027.

FOS Capital anticipates a sharp earnings turnaround in FY27, driven by cost cuts, a $10 million order book, and a record $130 million pipeline.

Fenix Resources has announced a maiden Ore Reserve of 26.9 million tonnes at 60.0% iron for its Beebyn Hub, combining the updated Beebyn-W11 and new Beebyn-W10 Stage 1 mines. This reserve underpins the company’s plan to ramp production to 6 million tonnes per annum by FY28 and secures over five years of mine life at current rates.