Plexus Holdings PLC (AIM:POS) is raising £3.5 million to expand its rental wellhead fleet, doubling capacity. The company also reported a return to profitability, driven by strong growth in Jack-up rental wellheads.
Zanaga Iron Ore Co Ltd (AIM:ZIOC) is advancing studies to boost project value, potentially adding $4 billion to its Republic of Congo iron ore project. The company is also exploring a pellet plant and aiming for high-grade steelmaking potential.
AFC Energy PLC (AIM:AFC, OTC:AFGYF) is scaling up production of its Hy-5 hydrogen system and ammonia crackers. CEO John Wilson says the focus is on making hydrogen competitive with diesel for construction and off-grid power.
Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF) says now is the time to seize the massive opportunity in rare earth elements, particularly as global tensions and trade disputes make an independent supply chain more urgent than ever. The company’s flagship project, Phalaborwa in South Africa, is shaping up to be one of the highest-margin rare earth projects outside of China. An updated study in December valued Phalaborwa at $611 million, with the potential to pay for itself in under two years.
4GLOBAL PLC (AIM:4GBL) says it's confident in the direction of the company as it navigates a shift from the Middle East to North America, where revenue jumped 145%. CEO Eloy Mazon says the company is focused on higher-margin, data-driven growth.
