Latest Transport Infrastructure News

Downer EDI Limited has reported a robust first half of FY25, with a 4.7% rise in statutory NPAT and a striking 70% increase in pro forma NPATA, underscoring the success of its ongoing transformation program.

Eskan Company has received conditional approval for C$13.5 million in funding from Canada’s Critical Minerals Infrastructure Fund to advance the Trans-Atikh Project, a key infrastructure initiative supporting lithium development in Quebec’s Eeyou Istchee James Bay region.

Marmota Limited has completed an extensive 91-hole drilling campaign at its Muckanippie project, extending exploration westward based on promising visual heavy mineral feedback. Laboratory assays are expected within weeks, potentially confirming a significant titanium resource expansion.

Cygnus Metals has secured conditional approval for up to C$1.3 million from Canada’s Critical Minerals Infrastructure Fund to support key pre-construction milestones at its Chibougamau Copper-Gold Project, marking a significant step towards feasibility and infrastructure development.

Winsome Resources has announced a significant new high-grade spodumene pegmatite discovery at its Sirmac-Clapier Project in Quebec, featuring lithium grades up to 3.0% Li2O alongside notable cesium and tantalum mineralization.

Transurban Group updates its dividend distribution details, declaring a 32-cent unfranked dividend per security and confirming the Dividend Reinvestment Plan price ahead of the February payment date.

Merino & Co’s successful IPO has injected $6.35 million into the company, enabling a strategic expansion of manufacturing capacity and securing a new facility in Western Australia. The company is now poised to scale globally with automated production and enhanced distribution capabilities.

Lithium Universe Limited reveals a robust Preliminary Feasibility Study for its Bécancour Lithium Refinery, confirming strong economic viability and progressing towards a Definitive Feasibility Study. Strategic logistics partnerships and funding plans position the company to capitalize on North America's growing lithium demand.

Cokal Limited has strengthened its position in Central Kalimantan through strategic partnerships with PT Petrindo and Cratus Group, securing US$20 million in funding to boost coal production and infrastructure development.

Alliance Nickel Ltd has completed a definitive feasibility study for its NiWest Nickel-Cobalt Project, revealing strong financial metrics, increased ore reserves, and strategic collaborations with global automakers. The project is positioned to become a low-cost, sustainable supplier of high-purity nickel and cobalt for the burgeoning electric vehicle market.

Labyrinth Resources has reported robust progress in its December 2024 quarter, highlighted by promising high-grade gold drilling results at Comet Vale, strategic acquisitions consolidating its portfolio, and a well-supported $19.5 million capital raise to fund expansion.

Cokal Limited has partnered with Cratus Group to establish an Infrastructure Joint Venture aimed at significantly expanding coal transport capacity and efficiency, supporting a ramp-up in metallurgical coal production at the BBM mine.