Latest Sustainability In It News

Lark Distilling Co. Ltd reported a 12% increase in FY25 revenue to $15.6 million, bolstered by a strategic partnership with Seppeltsfield Wines and a successful brand restage. The company also announced a leadership change with a new CEO set to take the helm in January 2026.

Tungsten Mining NL’s latest scoping study for the Mt Mulgine Project in Western Australia reveals a robust critical minerals asset with strong financial metrics and a clear path to production by 2029.

Sheffield Resources announces a $6.5 million contribution to support the Thunderbird Mineral Sands Mine as Kimberley Mineral Sands navigates ongoing debt restructuring discussions with lenders.

Rent.com.au has seen option holders exercise over $4 million early, injecting significant growth capital and accelerating its path to profitability.

Nufarm Limited has announced Rico Christensen as its new CEO, effective January 2026, succeeding Greg Hunt who will stay on as advisor until mid-2026. Christensen brings three decades of global agricultural sector expertise and a strong operational focus.

Nufarm reported a mixed FY25 with strong crop protection profits offset by a statutory loss from seed restructuring, while targeting earnings growth and debt reduction in FY26.

Nufarm’s FY25 results reveal robust growth in crop protection and a strategic shift in seed technologies, alongside a significant $538 million reduction in net debt. The company eyes stronger earnings and lower leverage in FY26.

Webjet Group reported steady first-half results despite a challenging domestic leisure market, declaring its first fully franked interim dividend and accelerating its FY30 strategic initiatives.

KMD Brands reported a challenging FY25 with a net loss but has launched a transformative ‘Next Level’ strategy focused on cost reset, product innovation, and digital growth. Early FY26 trading shows promising sales momentum, signaling potential turnaround.

KMD Brands reports a solid 7.9% increase in first quarter sales, driven by strong Kathmandu and Rip Curl performances, while managing inventory and margin pressures ahead of key seasonal trading.

Li-S Energy has accelerated its transition from research to manufacturing with a $7.8 million ARENA grant, new commercial partnerships, and plans for a large-scale production facility.

Biotron Limited has launched a $1.5 million non-renounceable rights issue to fund its strategic acquisition of Sedarex Limited and support ongoing drug development programs. The capital raise follows shareholder approval and aims to diversify Biotron’s portfolio with a next-generation general anaesthetic.