Latest Transportation News

Fenix Resources shipped 974,000 tonnes of iron ore in March quarter at a low A$70/wmt cash cost despite cyclone disruptions and diesel supply constraints, boosting cash to A$86.3 million and advancing key projects.

Coronado Global Resources (ASX: CRN) will hold its 2026 Annual General Meeting virtually on June 4, 2026, following a challenging 2025 marked by a $432 million net loss amid weak metallurgical coal prices and logistical constraints. The company reported operational improvements and liquidity support from Stanwell, while navigating leadership changes and ongoing risks.

Arrow Minerals Limited continues to hold its Guinea operations in suspension as it awaits formal government clarification on the status of key exploration tenements, with no new fieldwork conducted and cash reserves tightly managed.

Hillgrove Resources posted a record 3,120 tonnes of copper production in Q1 2026, driving a 22% jump in cash to $25.2 million. The company’s exploration at Emily Star and Nugent underpins ambitions to surpass 2 million tonnes annual throughput.

Metro Mining’s latest JORC update reveals a 69.6 million wet tonne Ore Reserve at Bauxite Hills, reflecting 8.1 million tonnes mined in 2025 with no new resource additions. The high-grade bauxite operation continues as a direct shipping ore mine amid rising silica content concerns.

EBOS Group has trimmed its FY26 underlying EBITDA forecast by up to AUD 15 million due to surging fuel and logistics expenses, while maintaining its commitment to healthcare supply continuity.

Pure Resources has deepened its partnership with Rice University to develop carbon nanotube fibre thermal management technology aimed at AI and defence markets, leveraging its Garnet Hills graphite for a vertically integrated IP pipeline.

Atlas Arteria reported a modest 0.1% increase in proportionate toll revenue for Q1 2026, reflecting uneven traffic patterns across its global toll road portfolio. Strong growth on the A79 and Dulles Greenway contrasted with declines at APRR and Warnow Tunnel.

Worley Limited reveals the ongoing Middle East conflict is causing significant project delays and an estimated $30 to $40 million hit to FY26 underlying EBITA, prompting a revision to its growth outlook.

Riversgold has secured a new tenement adjoining its Northern Zone Gold Project near Kalgoorlie, boosting its project area to 8.36 km2 and adding key land for infrastructure and exploration.

Janus Electric has unveiled a comprehensive growth strategy targeting over 1,600 electrified heavy trucks by FY29, leveraging its unique retrofit and battery swap technology across multiple international markets.

Enegex has identified a promising new gold prospective zone at the AW1 prospect in Côte d’Ivoire’s Tougbe Permit, supported by artisanal sampling and a completed aircore drilling campaign. The company is gearing up for a substantial 3,000m reverse circulation drill program at the nearby Gogo Permit’s Bonoubana Trend.