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Market Roundup: Circular Economy Leader Streamlines, Defence Tech Expands, and Solar Facades Deliver Rapid Paybacks

Close the Loop Restructures for Sharper Focus Close the Loop, a leading player in the circular economy, has announced a strategic overhaul to simplify its operations and sharpen its focus. The company is establishing three distinct business units - ITAD, Recycling, and Packaging - and has appointed new CEOs to lead its North American and Australian divisions. These changes are expected to reduce executive costs and position Close the Loop to better serve customers, strengthen its market position, and deliver enhanced value to shareholders.

Vection Secures Further Defence Order Vection Technologies has secured an additional $0.5 million defence order from an existing customer, expanding its work into a new department. This order builds on a recent $4.4 million extension and is part of the customer's $27 million budget for further work over the next three years. Vection's INTEGRATEDXR� technology is well-positioned to meet the growing demand from defence organizations for AI-driven, XR-enabled workflows.

ClearVue Solar Facades Deliver Rapid Paybacks A trial installation at the Hong Kong government's EMSD headquarters has demonstrated that ClearVue Technologies' solar facade solutions can deliver payback in less than three years. The outstanding thermal and energy performance of ClearVue's products, which can offset up to 125% of a building's energy requirements, make them an attractive option for developers and building owners seeking to reduce energy costs and support the path to net zero.

Evolution Mining Delivers on Guidance Evolution Mining has met its original FY25 production and all-in sustaining cost guidance, generating record quarterly and annual Group cash flow of $308 million and $787 million, respectively. The company also achieved its lowest total recordable injury frequency rate, reflecting its strong focus on safety. Looking ahead, Evolution expects significant high-margin cash generation in FY26 as it continues to deliver on its operational and financial targets.

Mount Gibson Expands into Gold with Central Tanami Acquisition Mount Gibson Iron has agreed to acquire a 50% stake in the Central Tanami Gold Project from Northern Star Resources. This transformational move will see Mount Gibson enter the precious metals sector, gaining access to a significant undeveloped high-grade gold project with substantial mineral resources and exploration upside. The $50 million acquisition cost represents an attractive entry price, and Mount Gibson plans to work closely with its partner to position the project for a potential development decision within the next 12-18 months.