Latest Water Services News

Vysarn Limited delivered a robust FY2025 performance, driven by significant acquisitions and expanding operations across Australia’s water infrastructure sector. The company’s strategic moves position it well for sustained growth amid evolving market demands.

Vysarn Limited reported a robust 40% increase in revenue to $106.5 million for FY2025, driven by key acquisitions and national expansion. The company’s profit after tax rose 34%, underscoring its growing footprint in Australia’s water infrastructure sector.

Babylon Pump & Power has completed two key acquisitions, expanding its water services platform and enhancing earnings with minimal integration risk. These moves position the company for sustained growth in the mining services sector.

Vysarn Limited has delivered record financial results for FY25, driven by strong demand across its water services segments and successful integration of key acquisitions. The company is poised for further growth in FY26, expanding its national footprint and advancing strategic projects.

GTi Energy has obtained critical drilling permits and contracted top Wyoming service providers to advance its Lo Herma uranium project, targeting a resource upgrade by year-end amid strong U.S. nuclear support.

Global Uranium and Enrichment Limited has kicked off a major drilling campaign at its Pine Ridge Uranium Project in Wyoming, aiming to unlock a significant uranium resource in the prolific Powder River Basin.

The ACCC has approved Cleanaway’s acquisition of Contract Resources, finding no significant threat to competition in Australia’s industrial and waste management sectors. The decision highlights the resilience of competition, especially in the oil and gas services market.

Babylon Pump & Power is set to acquire Blue Hire, expanding its rental fleet and market reach in Western Australia, while extending its retail entitlement offer deadline to June 13.

Babylon Pump & Power is set to acquire Matrix Hydro Services, enhancing its water management capabilities in Western Australia’s mining sector, supported by a $3.5 million entitlement offer.

Meeka Metals has achieved a key milestone with first ore mined from its Murchison Gold Project open pits, setting the stage for process plant commissioning in June 2025. Mining at multiple high-grade oxide pits is underway alongside significant processing plant and power upgrades.

X2M Connect reports a challenging quarter with a 64% revenue drop due to exiting low-margin hardware sales but boosts gross margin and expands its footprint with new contracts in the Middle East and South Korea alongside launching an AI platform for renewables.

Minerals 260 Limited has executed a binding agreement to acquire the Bullabulling Gold Project, a major gold resource in Western Australia, setting the stage for a transformative 2025. The acquisition brings a substantial 2.3 million ounce gold resource and signals a strategic pivot towards near-term production.