Latest Sustainability In It News

RLF AgTech has completed a $2.4 million capital raise through an Entitlement Issue and Shortfall Placement, positioning the company for growth in Australia’s agricultural sector.

Alliance Aviation Services reported an 11.3% revenue increase to $333 million and a 9.9% rise in net profit to $28.9 million for H1 FY2025, navigating challenges from industrial action and contract reductions.

Centuria Capital Group, in partnership with ResetData, has launched Australia’s inaugural sovereign public AI Factory, AI-F1, alongside a pioneering AI Marketplace, promising to democratize access to advanced AI technologies for businesses and government.

Praemium Limited has announced that no earn out payment is due for the first period following its acquisition of the OneVue Platform Business, as funds under administration fell below the $3 billion threshold. Despite client terminations, the company remains confident in its earnings and synergy targets.

Sigma Healthcare has completed its acquisition of Chemist Warehouse, issuing new shares and cash to former shareholders and appointing a refreshed board to steer the merged entity forward.

Perennial Investment Management announces a 17.00 cents per unit estimated distribution for January 2025 on the Daintree Core Income Active ETF, outlining key dates and reinvestment options for investors.

Sandon Capital Investments has reported a robust 17.7% portfolio return for the half-year ending December 2024, driving net profits up to $16.78 million and announcing an increased fully franked dividend yield of 6.8%.

South32 has obtained federal environmental approval for its Worsley Mine Development Project, paving the way for sustained bauxite mining and alumina production through at least fiscal year 2036.

Vanadium Resources Limited (ASX: VR8) has been reinstated to trading following a suspension linked to new funding arrangements, signaling renewed operational momentum.

Lithium Universe Limited has forged a strategic partnership with Polytechnique Montréal to boost lithium processing expertise and education in Canada, aiming to strengthen the local battery materials supply chain and promote sustainable innovation.

Avenira Limited has ended its licensing agreement with Aleees, freeing the company to focus on a phased development of its Wonarah Phosphate Project aimed at early revenue generation in late 2025.

New Zealand Coastal Seafoods Limited has raised $18,000 through a convertible note subscription, reinforcing its financial position and enabling accelerated strategic initiatives focused on sustainable seafood.