Latest Utilities News

Memphasys has initiated clinical utility testing of its Felix™ System in Brazil through a partnership with Laboratorio Androscience, aiming to establish a foothold in the rapidly growing Latin American IVF sector.

Aurizon Holdings reported a 3% revenue increase in its half-year FY2025 results, driven by higher coal volumes, but underlying NPAT fell 14% due to rising costs and customer mix effects. The company’s strong free cash flow supports an expanded $300 million buy-back program.

Aurizon Holdings posted a 3% revenue increase to $2.02 billion for 1HFY2025 but saw EBITDA dip 4% to $814 million, reflecting operational headwinds across key segments. The company declared a 9.2 cents per share interim dividend, signaling cautious optimism despite margin pressures.

S2 Resources has identified a promising porphyry-style copper-gold drill target at its Glenlogan Project in New South Wales through advanced geophysical surveys, setting the stage for focused exploration drilling.

Contact Energy Limited has announced a fully unfranked dividend of NZD 0.1847 per share, combining ordinary and supplementary components, payable in March 2025.

Contact Energy's January 2025 report reveals steady mass market electricity sales and improved netback prices, despite a notable decline in total electricity generation and national demand.

Everest Metals Corporation has successfully extracted its first gold from the bulk sampling program at the Revere Gold Project, producing approximately 1.4 tonnes of concentrate and advancing towards a maiden JORC resource estimate.

Hamelin Gold has identified a significant 500-metre gold anomaly at its Ularring Gold Project using advanced soil sampling technology, setting the stage for a targeted drilling campaign starting in March 2025.

Downer EDI Limited has reported a strong financial turnaround in the first half of FY25, with significant earnings growth and improved cash flow despite a revenue decline influenced by divestments and softer market conditions.

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.

Orora Limited reported a robust first half of FY25 with underlying EBIT rising 24.6%, driven by strategic portfolio simplification and organic growth investments despite challenges in the Australian wine market.

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.