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PM Edition: Top 10 Business Articles on LiveNews.co.nz for July 23, 2026 – Full Text

July 23, 2026

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PM Edition: Top 10 Business Articles on LiveNews.co.nz for July 23, 2026 – Full Text

PM Edition: Here are the top 10 business articles on LiveNews.co.nz for July 23, 2026 – Full Text

Generated July 23, 2026 06:00 NZST · Included sources: 10

1. Business leaders say new Emissions Monitoring Report serves as wake-up call for New Zealand

July 22, 2026

MIL OSI

Source: Sustainable Business Council

The Sustainable Business Council (SBC) and Climate Leaders Coalition (CLC) welcome the release of the Climate Change Commission’s 2026 Emissions Reduction Monitoring Report, describing it as a significant wake-up call for New Zealand, and supporting its key recommendations.
As illustrated on page 6 of the report, the country’s second emissions budget (2026-2030) is at significant risk, and current plans are insufficient to meet the third emission’s budget (2031-2035) or the 2030 biogenic methane target. According to the Commission New Zealand needs to more than double its current pace of decarbonisation efforts, and if additional action does not occur in the next one to two years, key climate goals will be out of reach.
SBC Chief Executive Mike Burrell says the report serves as significant wake up call.
“We welcome this report and thank the Commission for their important independent, evidence-based advice that helps successive governments, and our businesses, stay on track. Its central finding is one our business leaders are taking seriously, acknowledging current plans are not enough to meet the second or third emissions budgets, and the time available to us to close those gaps is rapidly disappearing.”
Mr Burrell says the Commission’s findings reinforce the economic case SBC and CLC set out earlier this year in their Driving Sustainable Growth report, which the Commission itself has cited in the new report.
“The modelling of our Driving Sustainable Growth report clearly shows that acting now on a focused shift toward an innovation-driven, productivity-led economy, underpinned by affordable and plentiful renewable energy and stable policy settings would add $22 billion a year to GDP by 2035, while also contributing to greater emissions reductions. Closing the budget gaps and unlocking that growth is the same task. The recommendations in our report, from electrification and renewable energy to innovation and productivity, present a practical pathway to do both. What we need now is to act on them.”
CLC Convenor and Genesis CEO Malcolm Johns says the Coalition’s signatories are already moving and are ready to move faster with the right settings in place.
“Our signatories are already investing in the transition right across renewable energy, electrification and in low-emissions technology because they recognise both the risk and opportunity before them. The Commission’s report confirms what our members are already seeing in their own investment decisions – the transition is real, the economic case is stronger than ever, and delaying action is no longer an option. What business needs now is confidence that the country is moving in the same direction, at the pace this new report demands.”
Mr Johns says business leaders stand ready to work alongside government to deliver on the significant task that’s required.
“Ambition alone won’t reduce our emissions; we need investment to make that happen. Investment at the scale this transition requires depends entirely on confidence in the pathway ahead. The Commission has given us an independent, expert and robust assessment of our current state – where the risks lie and what needs to happen next. The task now is to get on and do it, together, so we don’t squander the economic opportunity before us.”
SBC and CLC will shortly release a joint pre-election briefing paper setting out their priorities for the incoming Government. The views represent the 140 businesses making up the two networks, who together contribute 42 percent of New Zealand’s private sector GDP.
SBC’s Mr Burrell says, “Business is not standing still, and neither should policy. The Commission is clear that decisions taken now, or delayed action, will significantly shape whether our third emissions budget and 2050 target remain in reach. Our pre-election briefing paper will set out what we believe the next Government needs to prioritise to give business the confidence to invest at the pace and scale this transition requires, in order to harness the opportunity before us as a nation.”
About SBC 
The Sustainable Business Council (SBC) is a CEO-led membership organisation with around 120 businesses from all sectors, ambitious for a sustainable New Zealand. Members represent $170 billion of collective turnover, 38% of GDP, and nearly 255,000 full-time jobs. Our network gives members unparalleled influence and the ability to take large-scale collective action. SBC is part of the BusinessNZ network and is the New Zealand Global Network partner to the World Business Council for Sustainable Development. www.sbc.org.nz
About CLC
The Climate Leaders Coalition (CLC) was launched in July 2018 with a mission of having business CEOs leading the response to climate change through collective, transparent, and meaningful action on mitigation and adaptation. Coalition signatories collectively represent around 28% of GDP, employ around 8% of NZ’s full-time employees, and have a collective turnover of $126 billion. To be a signatory, organisations are held to accountfor delivering on commitments outlined by a ‘Statement of Ambition’. www.climateleaderscoalition.org.nz

MIL OSI

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2. St Francis Methodist School International Shares 2023–2024 WACE Outcomes and Student Journeys

July 22, 2026

Source: Media Outreach

SINGAPORE – Media OutReach Newswire – 22 July 2026 – St Francis Methodist School International (SFMS) has released its latest academic results for students in the Western Australian Certificate of Education (WACE) programme. The outcomes reflect steady ATAR performance and a range of university placements through the school’s pre-university programmes.

St Francis Methodist International School pre university programmes

Source: Media Outreach

SINGAPORE – Media OutReach Newswire – 22 July 2026 – St Francis Methodist School International (SFMS) has released its latest academic results for students in the Western Australian Certificate of Education (WACE) programme. The outcomes reflect steady ATAR performance and a range of university placements through the school’s pre-university programmes.

St Francis Methodist International School pre university programmes

Overview of the WACE Curriculum at SFMS

SFMS International is among a small number of institutions in Singapore offering the WACE curriculum and has delivered this programme for over 23 years. The WACE is a recognised senior secondary qualification awarded by the School Curriculum and Standards Authority (SCSA) on behalf of the Ministry of Education, Western Australia. It prepares students for university admission both locally and internationally.

SFMS is also currently the only school in Singapore offering a Senior High Preparatory Pathway (WACE) for students in Years 9–10. This introduces students to the structure and expectations of the curriculum earlier, building familiarity with subject content and assessment formats before progressing to the senior years. Additionally, subject selection in Years 11A and 12A is structured to meet university entry requirements and reflect students’ academic interests.

Academic Outcomes and University Placements

In 2023, 8 out of 12 WACE graduates from SFMS International achieved ATAR scores above 90, meeting the eligibility criteria for universities such as the National University of Singapore (NUS) and Nanyang Technological University (NTU). The cohort’s top scorer, Wang Dawei, recorded an ATAR of 96.15 and enrolled at NTU to study Business and International Trading. In addition to local placements, graduates were admitted to international universities such as the University of Melbourne and Fudan University in China.

In 2024, 2 out of 8 graduates also attained ATAR scores above 90. The highest scorer, Youn Chae-Won, achieved an ATAR of 95.3. Her university placement is currently pending.

Student Journeys and Holistic Development

Students in the WACE programme at SFMS International engage in both academic and co-curricular activities as part of their overall learning experience. Recent graduates have taken part in service learning, subject specialisation, and personal reflection throughout their time in the pre-university programme.

Youn Chae-Won, the 2024 valedictorian, joined SFMS International from Korea in 2021. Over time, she adjusted to a new academic environment and explored subjects such as accounting, which influenced her interest in finance-related pathways. She also took part in various aspects of school life, including a service learning trip to Bintan in 2023, where students supported local sanitation efforts. Her involvement in both academic and co-curricular settings marked a broad engagement with school life during her time at SFMS.

Andrew Zhuang, who enrolled in SFMS International in 2019, pursued subjects such as Business Management, Accounting, and English as an Additional Language (EALD). Beyond academics, he was involved in community fundraising and joined the same Bintan service trip. He also attended weekly chapel sessions and received support from peers and teachers during a period of health-related absence.

These outcomes reflect the ongoing role of the WACE programme at SFMS International in supporting students through both academic pathways and broader educational experiences. Under the leadership of Principal Mr Lee Hak Boon, the school continues to emphasise academic planning, subject selection, and student wellbeing as part of its overall approach to pre-university education.

https://www.sfms.edu.sg/
https://www.facebook.com/sfms.singapore
https://www.instagram.com/sfms_sg/
https://www.youtube.com/channel/UC_bb9hcNhAk7WgYBE_FI61A/featured

Hashtag: #StFrancisMethodistSchoolInternational

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

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3. Climate News – Aotearoa New Zealand’s rate of emissions reduction needs to more than double

July 22, 2026

MIL OSI

Source: Climate Change Commission

  • Aotearoa New Zealand’s emissions are gradually falling, but progress stalled in 2024.
  • The pace of emissions reductions needs to more than double over the next few years; and to get on track for that, action is needed within the next 12-24 months.
  • Risks to Aotearoa New Zealand’s climate goals for the next decade have increased. The second and third emissions budgets are at high risk, and the 2030 biogenic methane target is unlikely to be met.
  • The report highlights practical opportunities to reduce emissions and manage future costs, including low-emissions technologies that are already cheaper over time in some households and businesses uses.
  • The Government has low-cost options to reduce barriers that are preventing businesses and households from choosing low emissions technologies.
Current policy won’t deliver what’s needed, and the window to get on track is closing
Aotearoa New Zealand’s emissions are falling, but not fast enough to meet the country’s climate goals, according to the Climate Change Commission’s annual emissions monitoring report released today. The report finds progress stalled in 2024, and the rate of emissions reduction will need to more than double over the next few years to get back on track.
“This is a clear warning sign. Emissions are gradually falling but progress stalled in 2024, and current policy settings are not delivering at the pace needed. Government choices in the next 12-24 months will be critical to getting the country back on track,” says Jo Hendy, Chief Executive of the Climate Change Commission.
New Zealanders are already experiencing the impacts of a changing climate. Choices made now will affect how quickly the country cuts its own emissions, and how well households, businesses and communities are positioned to manage future shocks.
Accelerating decarbonisation can save money and manage future risks
For some common household and business uses, low-emissions choices are already cheaper over time. Electric vehicles, solar and heat pumps can reduce running costs, lower exposure to volatile fuel prices, and make homes and businesses more resilient to future shocks.
The Commission’s report highlights practical examples where available low-emissions technologies can reduce costs. EVs are cheaper to run than petrol vehicles, and upfront costs have dropped. For comparable compact SUVs, EV owners can save about NZ$7,500 over five years. In parts of Australia (where about a third of households have solar), rooftop solar and battery systems are helping reduce regulated electricity prices by up to 10%. It’s now generally cheaper for businesses to buy and run a new industrial heat pump than continue running a fossil-fuel low-temperature boiler.
Separately, research released earlier this year by the Sustainable Business Council and Climate Leaders Coalition estimated that earlier decarbonisation could contribute NZ$22 billion per year to GDP in less than a decade.
“But roll-out in Aotearoa New Zealand is lagging. This isn’t just a missed opportunity to reduce emissions, it means that households and businesses may be paying higher energy costs than they need to. Slow or delayed action also restricts the country’s future options,” says Hendy.
The Government has low-cost options to address barriers
People are missing out on savings and reducing their exposure to future energy risks because upfront costs and other barriers prevent households and businesses from switching away from fossil fuels.
The Government has low-cost options to address these barriers. These include targeted funding and financing mechanisms, stable investment signals for markets and consumers, and better information to support household and business decisions.
“The Government has already taken useful steps to reduce upfront cost barriers, including low-interest loans for EV charging and the gas transition loan scheme. The question now is how to build on them quickly enough to support the scale of change needed,” says Hendy.
“It’s not just about what the Government spends money on, but also the signals it gives. Clear and stable policy settings help households, businesses and investors make decisions with confidence. The goal should be to avoid getting locked into expensive long-run options. Infrastructure and other long-lived investments that support low-emissions choices are generally cheaper to get right early than to retrofit later,” says Hendy.
Resources
The 2026 report is available here, and the following summary resources are also available:
  • Exec Summary – summary of our findings and recommendations, excerpted from the main report.
  • One-page summary – overview of the 2026 key findings and recommendations
  • Sector summaries – covering: energy, industry and buildings; transport; agriculture; waste and fluorinated gases; and forestry.
  • Whakahekenga rehukino summary – covering key points for emissions reduction actions centred on iwi/Māori. Available in in te reo Māori and English.
About the emissions reduction monitoring report
These annual reports provide an evidence-based, impartial view of whether the country is on course to reach its goals of reducing and removing greenhouse gas emissions. They provide insights into the progress made, challenges experienced, and opportunities and risks that need to be considered.
The 2026 report uses the same approach and framework as previously. However, since the 2025 report, the Government has lowered the 2050 biogenic methane target and the Commission has updated its benchmark. This means that the factors that the report assessed against have changed.
2026 key findings and recommendations
Risks to Aotearoa New Zealand’s climate goals for the next decade have increased. The second and third emissions budgets are at high risk, and the 2030 biogenic methane target is unlikely to be met. Risks have increased especially for agriculture, electricity generation, and transport – this is also where some of the greatest opportunities for reductions can be found.
Recommendation 1: We recommend that the Government takes action to address market barriers and failures within the next year to ensure it can meet its emissions goals including:
  • start determining how to incentivise further emissions reductions and removals in the 2030s given that the New Zealand Emissions Trading Scheme in its current form will struggle to do this.
  • for the primary sector: immediately scale up support measures to meet the 2030 biogenic methane target; and reduce barriers for high-value, low-emissions agricultural products for long-term reductions and resilience 
  • expand resource recovery facilities, services and planning, and extend landfill gas capture requirements to class 2 landfills
  • encourage electric vehicle uptake through strong supply- and demand-side measures, and support greater shifts to public and active transport
  • address upfront cost barriers to fuel-switching for households and businesses.
Recommendation 2: We recommend that the Government update its approach to emissions projections to ensure they provide a robust indication of likely future policy impact.
In some areas (agricultural technology, forestry on Crown-owned land and LFG capture), the assumptions underlying the projections do not appear to be driven by a realistic assessment of current policy. While scenarios provide useful information, there is a need for robust modelling based on evidence about how much different policies can reduce emissions.

MIL OSI

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4. Paladin Energy Ltd: Quarterly Report for the period ending 30 June 2026

July 22, 2026

Source: GlobeNewswire (MIL-NZ-AU)

PERTH, Australia, July 21, 2026 (GLOBE NEWSWIRE) —

Quarterly Report
For the period ending 30 June 2026

Source: GlobeNewswire (MIL-NZ-AU)

PERTH, Australia, July 21, 2026 (GLOBE NEWSWIRE) —

Quarterly Report
For the period ending 30 June 2026

Key Metrics Summary

Langer Heinrich Mine (100%)1 Q4 FY2026 Q3 FY2026 Q2 FY2026 Q1 FY2026 FY2026 Guidance FY2026
U3O8 Produced Mlb 1.23 1.29 1.23 1.07 4.82 4.5 – 4.8
U3O8 Sold2 Mlb 1.35 1.03 1.43 0.53 4.35 3.8 – 4.2
Average Realised Price3 US$/lb 70.6 68.3 71.8 67.4 70.0 n.a.
Cost of Production4 US$/lb 51.6 40.3 39.7 41.6 43.3 44 – 48
Capital & Exploration Expenditure5,6 US$M 5.1 3.4 2.4 1.1 12.1 15 – 17
               

Highlights

  • Langer Heinrich Mine (LHM) ramp-up successfully completed, delivering strong operational performance, achieving or exceeding FY2026 guidance on production, sales and cost of production
  • Production of 1.23Mlb U₃O₈ in the quarter and 4.82Mlb U3O8 for FY2026
  • Sales volumes of 1.35Mlb U₃O₈ at an average realised price of US$70.6/lb U₃O₈ for the quarter with FY2026 sales totalling 4.35Mlb U₃O₈
  • Patterson Lake South (PLS) Project advanced towards development following the Canadian Nuclear Safety Commission (CNSC) determination that the Construction Licence application was sufficient to proceed through the regulatory review process
  • Subsequent to the quarter end, Paladin signed an Administrative Protocol with the CNSC targeting completion of hearings for the Construction Licence application at the end of calendar year 2027
  • Execution of a binding term sheet with the Birch Narrows Dene Nation in relation to the Mutual Benefits Agreement for the PLS Project
  • A new high-grade body of uranium mineralisation, the Atlas discovery, was identified 3.5km south of the PLS Project’s Triple R deposit and 4.5km southwest of Saloon East during the winter drilling program7
  • Cash and investments of US$265M and an undrawn US$70M Revolving Credit Facility at quarter end
  • Total Recordable Injury Frequency of 3.2 per million hours worked on a 12-month basis

“We were very pleased to successfully complete the ramp-up of the Langer Heinrich Mine in line with our commitment to deliver this goal by the end of FY2026, while also meeting the upper-end of our revised production guidance.

“Importantly for Paladin’s long-term future growth, we received formal acknowledgement from the Canadian Nuclear Safety Commission of achievement of sufficiency status, another significant milestone in developing the PLS Project. This achievement, together with an agreed administrative protocol, activates a regulatory timeframe and processes for obtaining our licence to commence construction.

“While continuing to progress the approvals, engineering and Indigenous agreement pathways for the PLS Project, we know that shareholders will be delighted to see the continuing prospectivity of our landholdings in the Athabasca Region. Our new discovery at Atlas, located on the Saloon Trend that runs broadly parallel to our Triple R deposit, has demonstrated that there are significant opportunities for Paladin to increase the development potential at the PLS Project.”

Paul Hemburrow
Managing Director and Chief Executive Officer

Langer Heinrich Mine (Namibia)

LHM (100%)1   Q4
FY2026		 Q3
FY2026		 Q2
FY2026		 Q1
FY2026
FY2026
MINING            
Waste Mined Mt 5.57 4.45 3.93 4.37 18.32
Total Ore Mined8 Mt 1.87 1.72 1.59 0.90 6.09
Total Mined Mt 7.45 6.17 5.53 5.27 24.41
Low Grade Ore to Stockpile9 Mt 0.92 0.86 1.04 0.47 3.29
PROCESSING            
Tonnes Processed Mt 1.19 1.21 1.21 1.15 4.76
Ore Feed Grade ppm 488 503 524 477 498
Plant Recovery % 90 92 91 86 90
U3O8Produced Mlb 1.23 1.29 1.23 1.07 4.82
SALES            
U3O8Sold2 Mlb 1.35 1.03 1.43 0.53 4.35
Closing Uranium Product Loan Balance10 Mlb 0.40 0.45 0.45 0.45 0.40
Closing Finished Product Inventory11 Mlb 1.6912 2.16 1.61 1.8113 1.69
FINANCIALS            
Average Realised Price3 US$/lb 70.6 68.3 71.8 67.4 70.0
Cost of Production4 US$/lb 51.6 40.3 39.7 41.6 43.3
Non-Cash Reversal of Previous Stockpile Impairment14 US$/lb 0.3 3.5 6.8 7.0 4.3
Capital Expenditure5,6 US$M 5.1 3.4 2.4 1.1 12.1
Low Grade Ore to Stockpile15 US$M 9.4 9.4 10.9 5.3 35.0
Capitalised Stripping Costs16 US$M 7.3 5.0 1.3 6.9 20.5
             

Operations

The ramp-up to full mining and processing plant operations was successfully completed in the quarter, marking a significant milestone in the progression of LHM. The full mining fleet is now operational with mining activities established and positioned to support FY2027 production objectives.

Total mined material was 7.45Mt for the quarter, a 21% uplift from the previous quarter and the highest quarterly mining rate achieved since the restart, reflecting the full mining fleet in operation. The increase in material mined was in line with the planned mining sequence which focused on waste stripping and stockpiling of lower grade ore to access higher grade ore for processing.

Crusher throughput was 1.19Mt at an average ore feed grade of 488ppm. LHM produced 1.23Mlb U₃O₈ at an average recovery rate of 90% for the quarter, driven by consistent processing plant performance. For the full year, LHM produced 4.82Mlb U₃O₈ at the upper-end of the guidance range.

The cost of production for the quarter was US$51.6/lb, reflecting the transition to full mining activities, depletion of the previously mined MG3 stockpile and lower grade during the quarter as mining activities commenced in the J pit. Cost of production for the financial year was US$43.3/lb, at the lower end of the guidance range.

There were no supply disruptions for the quarter stemming from the conflict in the Middle East. The team continues to monitor stock levels of operating inputs and inbound shipments regularly.

Sales and Marketing

During the quarter, LHM sold 1.35Mlb U₃O₈ at an average realised price of US$70.6/lb. FY2026 sales totalled 4.35Mlb U₃O₈ exceeding the upper-end of the FY2026 guidance.

As at 30 June 2026, Paladin had 400,000lb U₃O₈ outstanding under its uranium product loan facilities, having repaid 50,000lb U₃O₈ during the quarter. These facilities provide flexibility on sales logistics, enabling the timely fulfilment of customer delivery commitments.10

Quarterly sales and average realised prices are dependent on the mix of contract pricing mechanisms, payment terms and the timing of deliveries, which vary based on customer nominations from quarter to quarter as well as shipping schedules.

Resource Definition

A total of 20,608m of resource drilling was completed during the quarter, utilising six drill rigs within ML140.

Patterson Lake South Project (Canada)

Patterson Lake South   Q4
FY2026		 Q3
FY2026		 Q2
FY2026		 Q1
FY2026
FY2026
Development and Permitting US$M 7.9 6.9 2.9 1.6 19.2
PLS Exploration US$M 3.1 3.5 0.3 0.3 7.2
Other Exploration US$M 0.2 – – 0.1 0.2
             

Development and Permitting

During the quarter, Paladin received a formal notification from the CNSC determining that the Licence to Prepare Site for and to Construct (Construction Licence) application for the PLS Project has achieved ‘sufficiency’ status.

Sufficiency represents an important step in the CNSC licencing process as it formally establishes that Paladin’s submission meets the required level of completeness and technical detail, enabling the application to advance into the regulatory assessment phase under the Uranium Mines and Mills Regulations. It triggers a comprehensive review process and represents a critical de-risking step in the permitting pathway.

Subsequent to the quarter end, Paladin signed an Administrative Protocol with the CNSC jointly recognising the importance of the project schedule and scope of activities required for Paladin Canada to obtain a Construction Licence for the PLS Project.

The Administrative Protocol represents a significant step forward in the PLS Project permitting process. It establishes a targeted but non-binding regulatory pathway aimed at completing hearings for the Construction Licence application at the end of 2027 calendar year 2027.

In April 2026, Paladin Canada entered into a binding term sheet with the Birch Narrows Dene Nation. The term sheet sets out the key terms and conditions upon which the parties will negotiate the full form Mutual Benefits Agreement in respect of the PLS Project. 

The Company continues to actively engage with local communities and Indigenous Peoples to build respectful relationships that foster sustainable benefits.

The Paladin Canada team continued to de-risk the PLS Project through ongoing update of the Front-End Engineering Design study during the quarter.

Exploration7

The Company successfully completed its 2026 winter drilling program at the PLS Project during the quarter with the discovery of a new high-grade body of uranium mineralisation intersected 3.5km south of the Triple R deposit and 4.5km southwest of Saloon East, the Atlas discovery. This prospective area is within the Saloon Trend which runs broadly parallel to the structural trend that hosts the Triple R deposit. Eight exploration drillholes were collared, with seven intersecting significant uranium mineralisation at the new Atlas discovery, totalling 2,408m with the discovery remaining open along strike and at depth.

Key winter 2026 intercepts at Atlas include:

  • PLS26-708B (discovery drillhole): 17.5m of total composite uranium mineralisation across three intervals, the largest being 8.0m averaging 1.75% U₃O₈, including 3.0m averaging 4.25% U₃O₈ from 190.0m to 193.0m
  • PLS26-718: 21.5m of total composite uranium mineralisation across two intervals, the largest being 14.5m averaging 1.70% U3O8, including 5.5m averaging 2.86% U₃O₈ from 194.5m to 200.0m
  • PLS26-722: 30.0m of total composite uranium mineralisation across seven intervals, the largest being 11.0m averaging 1.79% U₃O₈, including 5.0m averaging 2.94% U3O8 from 194.5m to 199.5m17

The 2026 winter drilling program also targeted resource conversion and extension drilling at the Triple R deposit and further drilling on the Saloon Trend, along with regional exploration. All currently identified trend targets (including Atlas) are land-based, allowing drilling activities to continue uninterrupted throughout the summer months. A total of 13,060m drilling was completed in the quarter.

Michelin Project (Canada)

Michelin Project   Q4
FY2026		 Q3
FY2026		 Q2
FY2026		 Q1
FY2026
FY2026
Exploration US$M 1.1 0.5 1.9 3.2 6.6
             

There were no substantive mining exploration activities completed during the quarter. Desktop geological studies, prospectivity reviews, and target generation work continued, with the 2026 summer drill program being finalised during the reporting period.

Other Activities

Cash and Debt

As at 30 June 2026, the Company held unrestricted cash and investments of US$265M. The Company had an outstanding balance on the Term Loan Facility of US$32M and an undrawn US$70M Revolving Credit Facility at the end of the quarter.

Class Action Update

There are no material updates in relation to the shareholder class action proceedings being defended by Paladin in the Supreme Court of Victoria. The class action was brought on behalf of persons who acquired an interest in Paladin shares during the period between 27 June 2024 and 25 March 2025.

Australian Exploration

There were no substantive mining exploration activities during the quarter.

Quarterly Investor Conference Call

The Company will hold a conference call on Wednesday, 22 July 2026, at 11.00am AEST18 (Tuesday, 21 July 2026, at 9.00pm EDT19). To participate in the live teleconference, please register at the link below:

Paladin June 2026 Quarterly Results Conference Call

Please note it is recommended to log on at least five minutes before the scheduled commencement time to ensure you are registered in time for the start of the call.

A recording of the call will be available on Paladin’s website shortly after its conclusion.

June 2026 Quarter Presentation

Paladin has released an accompanying presentation on the June 2026 quarter results, which is available on the Company’s website at Stock Exchange Announcements.

This announcement has been authorised for release by the Board of Directors of Paladin Energy Ltd.

Contacts

Notes
_________________

1 Paladin has a 75% interest in the LHM
2 September quarter sales include 85,000lb U3O8 loan material delivered under existing contracts. March quarter sales include a further 130,000lb U3O8 sourced through a purchase & sale back arrangement and 155,000lb U3O8 through a product swap. These arrangements were entered to meet customer deliveries during the March quarter due to a shipping delay and were closed out in the June quarter
3 Average Realised Price is a Non-IFRS Measure. See “Non-IFRS Measures” for more information
4 Cost of Production is a Non-IFRS Measure. See “Non-IFRS Measures” for more information
5 Exploration expenditure for resource definition drilling previously reported for the six-month period ended on 31 December 2025 (refer to exchange announcement “Quarterly Report – December 2025” dated 21 January 2026) has subsequently been reclassified to Capital Expenditure
6 Capital Expenditure does not include capitalised stripping costs or costs associated with building low grade stockpiles
7 Refer to Paladin’s exchange announcement titled “New high-grade uranium discovery identified at PLS Project” dated 25 June 2026. Paladin confirms that it is not aware of any new information or data that materially affects the information included in that announcement.
8 Total Ore Mined includes high-grade, medium-grade and low-grade ore
9 Low-grade ore stockpile material to be processed during the later stockpile phase
10 The current uranium product loan arrangements allow Paladin to borrow up to 450,000lb U3O8, with repayment in kind upon delivery. As at 30 June 2026, the Company had outstanding loans of 400,000lb U3O8, with 200,000lb U3O8 scheduled for repayment in Q1 FY2027, and the remaining 200,000lb U3O8 due in Q3 FY2027. Under the loan facilities, certain standby and loan fees are payable. These loan facilities are expected to either be renewed, replaced or repaid within the next twelve months.
11 Includes finished product on site, in-transit and at converter
12 Includes 397,993lb U3O8 related to a sale to be recognised in the September 2026 quarter for which advance payment was received in the June 2026 quarter
13 Includes 425,012lb U3O8 related to a sale recognised in the December 2025 quarter for which advance payment was received in the September 2025 quarter
14 Reversals of Previous Stockpile Impairment is an accounting transaction included in the IFRS financial statements in the cost of sales line and is calculated as average cost per pound, based on the 31 December 2023 impairment reversal on existing stockpiles of US$92M, offset by an impairment in March 2025 of US$20M. The cost per pound varies based on grade, recovery and contained uranium realised for the period
15 Low-grade ore stockpiled represents the cost of mining and stockpiling low grade material to be processed during the later stockpile phase and is capitalised into inventory under IFRS. This is expected to be classified as non-current inventory until that phase. These costs are not included in the Cost of Production
16 During mining, stripping costs may be incurred removing overburden or waste to provide access to future mining areas. As this improves access to future ore, costs are capitalised and amortised on a units-of production basis
17 Intercept interval for the 5.0m averaging 2.94% U3O8 has been amended to 194.5m to 199.5m reflecting the correct interval as per “Table 1: 2026 Atlas Drillhole Summary” provided in the Paladin’s exchange announcement titled “New high-grade uranium discovery identified at PLS Project” dated 25 June 2026
18 AEST: Australian Eastern Standard Time (Sydney time)
19 EDT: Eastern Daylight Time (Toronto time)

Forward-looking statements

This document contains certain “forward-looking statements” within the meaning of Australian securities laws and “forward-looking information” within the meaning of Canadian securities laws (collectively referred to in this document as forward-looking statements). All statements in this document, other than statements of historical or present facts, are forward-looking statements and generally may be identified by the use of forward-looking words such as “anticipate”, “expect”, “likely”, “propose”, “will”, “intend”, “should”, “could”, “may”, “believe”, “forecast”, “estimate”, “target”, “outlook”, “guidance” and other similar expressions. These forward-looking statements include, but are not limited to, statements regarding continued development of the PLS Project; permitting approvals and community engagement; advancement of the PLS Project through to FID; development and ramp-up of operations at the LHM; LHM guidance for FY2026; and the receipt of all necessary regulatory approvals.

Forward-looking statements involve subjective judgment and analysis and are subject to significant uncertainties, risks and contingencies including those risk factors associated with the mining industry, many of which are outside the control of, change without notice, and may be unknown to Paladin. These risks and uncertainties include but are not limited to liabilities inherent in mine development and production, geological, mining and processing technical problems, the inability to obtain any additional mine licences, permits and other regulatory approvals required in connection with mining and third party processing operations, competition for amongst other things, capital, acquisition of reserves, undeveloped lands and skilled personnel, incorrect assessments of the value of acquisitions, changes in commodity prices and exchange rates, currency and interest fluctuations, various events which could disrupt operations and/or the transportation of mineral products, including labour stoppages and severe weather conditions, rising energy costs, inflationary pressures, the demand for and availability of transportation services, the ability to secure adequate financing and management’s ability to anticipate and manage the foregoing factors and risks. Readers are also referred to the risks and uncertainties referred to in the Company’s investor presentation released on 16 September 2025 and the Company’s “2025 Annual Report” and in Paladin’s Management’s Discussion and Analysis for the year ended June 30, 2025, each released on 28 August 2025, and in Paladin’s Annual Information Form for the year ended June 30, 2025 released on 12 September 2025, each of which is available to view at paladinenergy.com and on www.sedarplus.ca.

Although as at the date of this document, Paladin believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from the expectations expressed in such forward-looking statements due to a range of factors including (without limitation) fluctuations in commodity prices and exchange rates, exploitation and exploration successes, environmental, permitting and development issues, geopolitical events and political risks (including armed conflict or escalation of hostilities in the Middle East), and the impact of such events on global security conditions, economic activity, trade flows, energy markets, sanctions regimes, and uranium supply and demand, Indigenous Peoples engagement, climate risk, operating hazards, natural disasters, severe storms and other adverse weather conditions, shortages of skilled labour and construction materials, equipment and supplies, energy costs, inflation, regulatory concerns, continued availability of capital and financing and general economic, market or business conditions and risk factors associated with the uranium industry generally. There can be no assurance that forward-looking statements will prove to be accurate.

Readers should not place undue reliance on forward-looking statements, and should rely on their own independent enquiries, investigations and advice regarding information contained in this document. Any reliance by a reader on the information contained in this document is wholly at the reader’s own risk. Recipients are cautioned against placing undue reliance on such projections without conducting their own due diligence with appropriate professional support. The forward-looking statements in this document relate only to events or information as of the date on which the statements are made. Paladin does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. No representation, warranty, guarantee or assurance (express or implied) is made, or will be made, that any forward-looking statements will be achieved or will prove to be correct. Except for statutory liability which cannot be excluded, Paladin, its officers, employees and advisers expressly disclaim any responsibility for the accuracy or completeness of the material contained in this document and exclude all liability whatsoever (including negligence) for any loss or damage which may be suffered by any person as a consequence of any information in this document or any error or omission therefrom. Except as required by law or regulation, Paladin accepts no responsibility to update any person regarding any inaccuracy, omission or change in information in this document or any other information made available to a person, nor any obligation to furnish the person with any further information. Nothing in this document will, under any circumstances, create an implication that there has been no change in the affairs of Paladin since the date of this document. To the extent any forward-looking statement in this document constitutes “future-oriented financial information” or “financial outlooks” within the meaning of Canadian securities laws, such information is provided to demonstrate Paladin’s internal projections and to help readers understand Paladin’s expected financial results. Readers are cautioned that this information may not be appropriate for any other purpose and readers should not place undue reliance on such information. Future-oriented financial information and financial outlooks, as with forward-looking statements generally, are, without limitation, based on the assumptions, and subject to the risks and uncertainties, described above.

Non-IFRS Measures

Paladin uses certain financial measures that are considered “non-IFRS financial information” within the meaning of Australian securities laws and/or “non-GAAP financial measures” within the meaning of Canadian securities laws (collectively referred to in this announcement as Non-IFRS Measures) to supplement analysis of its financial results and operating performance. These Non-IFRS Measures do not have a standardised meaning prescribed by International Financial Reporting Standards (IFRS) and therefore may not be comparable to similar measures presented by other issuers.

The Company believes these measures provide additional insight into its financial results and operational performance and are useful to investors, securities analysts, and other interested parties in understanding and evaluating the Company’s historical and future operating performance. However, they should not be viewed in isolation or as a substitute for information prepared in accordance with IFRS. Accordingly, readers are cautioned not to place undue reliance on any Non-IFRS Measures.

The Non-IFRS Measures used in this announcement are described below.

Average Realised Price

Average Realised Price (US$/lb U3O8) is a Non-IFRS Measure that represents the average revenue received per pound of uranium sold during a given period. It is calculated by dividing total revenue from U3O8 sales (before royalties and after any applicable discounts) by the total volume of U3O8 pounds sold. This measure provides insight into the actual pricing achieved under the Company’s uranium sales contracts and spot sales during the reporting period, taking into account the mix of base-escalated, fixed-price and market-related pricing mechanisms within contracts. The Company uses Average Realised Price to assess revenue performance relative to market prices, contractual pricing structures, and production costs. It is also a key measure used by investors and analysts to evaluate price exposure, contract performance, and profitability potential.

It is important to note that Average Realised Price is distinct from both the spot market price and the term market price for uranium, and it may vary significantly from period to period based on timing of deliveries, customer contract structures, and the prevailing market environment.

Revenue from the sale of U3O8 is reported in the Company’s financial statements under IFRS. The Average Realised Price is derived directly from statutory revenue figures and disclosed sales volumes.

Cost of Production

The Cost of Production is calculated as the total direct production expenditures incurred to produce U3O8 during the period (including mining, stockpile rehandling, processing, site maintenance, and mine-level administrative costs), excluding costs such as cost of ore stockpiled, deferred stripping costs, depreciation and amortisation, general and administration costs, royalties, exploration expenses, sustaining capital and the impacts of any inventory impairments or impairment reversals. This measure helps users assess Paladin’s operating efficiency.

Cost of Production per pound = Cost of Production ÷ U3O8 pounds produced

The Cost of Production per pound is a unit cost measure that indicates the average production cost per pound of U3O8 produced. The Cost of Production per pound is a Non-IFRS Measure that is widely used in the mining industry as a benchmark of operational efficiency and cost competitiveness. Paladin’s Cost of Production per pound metric is calculated as the total direct production expenditures as defined above (in US dollars) incurred during the period, divided by the total volume of U3O8 pounds produced in the same period. Management uses Cost of Production per pound to track progress of operational performance, to assess profitability at various uranium price points, and to identify trends in operating costs. It is also a key metric for investors and analysts to evaluate how efficiently the Company is producing uranium, independent of depreciation and accounting adjustments.

This measure allows stakeholders to monitor trends in direct production costs and to assess the Company’s operating breakeven threshold relative to uranium market prices. Investors are cautioned that our Cost of Production per pound metric may not be comparable with similarly titled “C1 cash cost” metrics of other uranium producers, as there can be differences in methodology (e.g. treatment of royalties or certain site costs). Paladin’s Cost of Production figure as defined above, focuses strictly on the on-site cost to produce U3O8 in the period. All figures are in US$/lb U3O8. We provide this information in good faith to enhance understanding of our operations; however, the IFRS financial statements (particularly the Cost of Sales line in the Consolidated Income Statement) should be considered alongside this metric for a complete picture of our cost structure.

– Published by The MIL Network

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5. LOCUS-T Wins Four Honours at A+M Agency of the Year Awards 2026

July 22, 2026

Source: Media Outreach

PETALING JAYA, MALAYSIA – Media OutReach Newswire – 22 July 2026 – LOCUS-T, a leading Malaysian digital marketing agency, has been recognized with four honours at the Advertising + Marketing (A+M) Agency of the Year Awards 2026, reaffirming its position as a trusted digital growth partner for businesses across Malaysia.

LOCUS-T team members celebrating the 4 honours at the Advertising + Marketing (A+M) Agency of the Year Awards 2026, reflecting the collective achievement and dedication behind the recognition.

Source: Media Outreach

PETALING JAYA, MALAYSIA – Media OutReach Newswire – 22 July 2026 – LOCUS-T, a leading Malaysian digital marketing agency, has been recognized with four honours at the Advertising + Marketing (A+M) Agency of the Year Awards 2026, reaffirming its position as a trusted digital growth partner for businesses across Malaysia.

LOCUS-T team members celebrating the 4 honours at the Advertising + Marketing (A+M) Agency of the Year Awards 2026, reflecting the collective achievement and dedication behind the recognition.

The awards were presented during the A+M Agency of the Year Awards gala dinner held on 16 July 2026 at Le Méridien Petaling Jaya.

LOCUS-T received:

  • Gold – B2B Agency of the Year
  • Local Hero – B2B Agency of the Year
  • Silver – Performance Marketing Agency of the Year
  • Bronze – Lead Generation Agency of the Year

The recognition reflects the agency’s continued commitment to delivering measurable business outcomes through strategic digital marketing solutions that combine data-driven planning, performance optimization and long-term partnership with clients.

The Gold and Local Hero awards in the B2B Agency of the Year category recognize LOCUS-T’s expertise in helping businesses navigate complex buying journeys, engage decision-makers and generate qualified business opportunities through effective digital marketing strategies.

Meanwhile, the Silver award for Performance Marketing Agency of the Year acknowledges the agency’s ability to develop and optimize campaigns that deliver measurable marketing performance. The Bronze award for Lead Generation Agency of the Year further highlights LOCUS-T’s strength in transforming online visibility into meaningful customer enquiries and business growth.

Commenting on the achievement, Deric Wong, Managing Director of LOCUS-T, said:

“These awards are a meaningful recognition of the trust our clients place in us and the dedication of our team. At LOCUS-T, we believe digital marketing should go beyond delivering campaigns, it should create measurable business growth. Every strategy we develop is guided by data, continuous optimization and a commitment to helping businesses achieve sustainable results.”

“Receiving recognition across B2B, performance marketing and lead generation reflects the breadth of our capabilities and reinforces our mission to help businesses navigate an increasingly competitive digital landscape. As the industry continues to evolve, we will remain focused on innovation, delivering greater value to our clients and growing together with them.”

LOCUS-T provides end-to-end digital marketing solutions encompassing Search Engine Optimization (SEO), Paid Ads, Website Design & Development, Website Maintenance and Google Business Profile. Through these integrated services, the agency helps businesses strengthen their online visibility, attract qualified customers and achieve measurable digital growth.

The four honours reflect the collective effort of the LOCUS-T team and the continued trust of its clients and partners. They also reinforce the agency’s commitment to professionalism, innovation and delivering practical digital marketing solutions that generate measurable business impact.

The latest recognition adds to LOCUS-T’s growing track record of industry achievements. In 2025, the company was recognized by the Malaysia Book of Records for achieving the Most Active SEO Service Contracts by an Agency. The A+M Agency of the Year Awards 2026 further reinforce LOCUS-T’s commitment to delivering measurable digital growth for businesses through strategic, performance-driven marketing solutions.

As businesses continue to adapt to evolving consumer behaviour and digital technologies, LOCUS-T remains committed to strengthening its expertise, enhancing its solutions and helping organizations achieve sustainable, measurable digital growth.

https://www.locus-t.com.my
https://www.linkedin.com/company/locus-t/
https://www.facebook.com/locust.my
https://www.instagram.com/locust.my/

Hashtag: #ThisIsLOCUST #ThriveTogether #DigitalMarketing #SEO #PaidAds #Webdesign #Webdevelopment #GBP

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

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6. Fiscal discipline critical during global volatility

July 21, 2026

Source: New Zealand Government

Today’s inflation figures show the impact of the global oil price shock, while reinforcing the Government’s prudent response to global volatility, Finance Minister Nicola Willis says.

Stats NZ’s Consumers Price Index showed inflation was 4.1 per cent in the 12 months to the end of June. By far the biggest contributor was the increases to petrol and diesel, at 27.5 per cent and 71 per cent respectively.

Source: New Zealand Government

Today’s inflation figures show the impact of the global oil price shock, while reinforcing the Government’s prudent response to global volatility, Finance Minister Nicola Willis says.

Stats NZ’s Consumers Price Index showed inflation was 4.1 per cent in the 12 months to the end of June. By far the biggest contributor was the increases to petrol and diesel, at 27.5 per cent and 71 per cent respectively.

Stats NZ reports that without changes in petrol and diesel prices, annual inflation would have been 2.9 per cent, within the Reserve Bank’s target range for inflation.

“Families have felt the impact of the conflict in the Middle East when filling up their cars. Higher global oil prices drove much of this quarter’s inflation increase, rather than a broad surge in prices across the whole economy,” Nicola Willis says.

“There are encouraging numbers in this release, with annual food price inflation falling from 4 per cent to 2.8 per cent. Annual rent increases were only 0.5 per cent across the year, the lowest for almost 25 years.

“What today’s data underscores is the need for continued fiscal discipline. New Zealand is not immune to global shocks but as a Government we must focus on controlling what is within our control. 

“For our Government, that means making careful choices, restraining government spending, and avoiding decisions that would add significant pressure to inflation.

“Rather than a blanket, costly response that risks fuelling further inflation, we have delivered targeted, temporary, and timely support for the New Zealanders under the most pressure from higher fuel price.

“Taking this approach means that we have been able to support people through a short-term shock without undermining the progress we’ve made on New Zealand’s economic recovery.

“Despite the conflict in the Middle East, New Zealand’s economy is set to grow 2.7 per cent on average every year for the next four years, creating 220,000 jobs.

“Wages are expected to grow faster than prices over that period, which is ultimately how we can make life more affordable for New Zealanders long-term.

“This Government is building New Zealand’s future and ensuring we can withstand any future shocks.” 

Original source: https://nz.mil-osi.com/2026/07/21/fiscal-discipline-critical-during-global-volatility/

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7. ST Telemedia Global Data Centres Delivers on Responsible Scaling, Surpassing 2028 Carbon Intensity Target Three Years Early with Renewables at 83.2%

July 21, 2026

Source: Media Outreach

SINGAPORE – Media OutReach Newswire – 21 July 2026 – ST Telemedia Global Data Centres (STT GDC) today published its 2025 Environmental, Social and Governance (ESG) Report, setting out how the Singapore-headquartered global data centre provider is meeting accelerating demand, including from AI-driven workloads, through infrastructure that is more resilient, efficient and sustainable by design. The report highlights 83.2% renewable energy usage, a 70.5% reduction in carbon intensity from its 2021 baseline, 41.2% improvement in water usage effectiveness (WUE) from the 2020 baseline, and continued progress in embedding ESG considerations into how STT GDC designs, builds, finances and operates its data centres at scale.

The report positions responsible growth as a core business discipline for STT GDC, linking sustainability performance to long-term asset resilience, customer trust and operational excellence. Across its global platform, STT GDC is integrating ESG considerations into capital allocation, site selection, design, operations, risk management and workforce development to support reliable digital infrastructure at scale.

Source: Media Outreach

SINGAPORE – Media OutReach Newswire – 21 July 2026 – ST Telemedia Global Data Centres (STT GDC) today published its 2025 Environmental, Social and Governance (ESG) Report, setting out how the Singapore-headquartered global data centre provider is meeting accelerating demand, including from AI-driven workloads, through infrastructure that is more resilient, efficient and sustainable by design. The report highlights 83.2% renewable energy usage, a 70.5% reduction in carbon intensity from its 2021 baseline, 41.2% improvement in water usage effectiveness (WUE) from the 2020 baseline, and continued progress in embedding ESG considerations into how STT GDC designs, builds, finances and operates its data centres at scale.

The report positions responsible growth as a core business discipline for STT GDC, linking sustainability performance to long-term asset resilience, customer trust and operational excellence. Across its global platform, STT GDC is integrating ESG considerations into capital allocation, site selection, design, operations, risk management and workforce development to support reliable digital infrastructure at scale.

Bruno Lopez, President and Group Chief Executive Officer, ST Telemedia Global Data Centres, says, “The next phase of digital growth will be defined by how the industry resolves the tension between rising demand — particularly from AI — and the finite nature of energy, water and land. Responsible scaling is therefore not a sustainability commitment alone; it is a commercial and operational imperative that shapes where we build, how we design, and how we run our data centre platform. Our 2025 progress reflects disciplined execution of a strategy we have been advancing for years, delivering meaningful improvements in energy efficiency, emissions and resource management across our global platform. As we scale further, we will continue to advance with the same discipline — in the infrastructure we build, the governance that underpins it, and the positive impact we create for the communities and ecosystems we are part of.”

Scaling efficient, lower-carbon infrastructure

STT GDC continued to advance its decarbonisation strategy in 2025, delivering measurable reductions in emissions and improvements in resource efficiency while scaling its global data centre platform to meet rising digital demand. The Group’s approach focuses on embedding sustainability into the design and operation of its infrastructure, enabling long-term performance while managing growing energy and resource requirements. Key environmental achievements include:

  • Furthered renewable energy adoption, with 83.2% of electricity consumption sourced from renewables, supporting STT GDC’s transition towards carbon-neutral operations by 2030.
  • Reduced carbon intensity by 70.5% from the 2021 baseline, surpassing STT GDC’s 2028 target three years ahead of schedule, alongside a 15.2% year-on-year reduction in absolute Scope 1 and 2 emissions
  • Improved energy efficiency across operations, achieving an average Power Usage Effectiveness (PUE) of 1.44, a 13.0% improvement from the 2020 baseline, reflecting continued optimisation of data centre design and operations.
  • Enhanced water stewardship, with Water Usage Effectiveness (WUE) improving by 41.2% from the 2020 baseline, supported by a balanced approach to managing energy and water use in cooling systems.
  • Continued progress in sustainable infrastructure, with 48% of its data centres achieving green building certification, reflecting the integration of sustainability considerations across the lifecycle of its facilities.

Building a safe and future-ready workforce

As STT GDC continues to scale its global data centre platform, investing in people, safety and workforce capabilities remains central to delivering reliable and sustainable operations. In 2025, the Group maintained a strong focus on safeguarding its workforce, strengthening organisational capability and supporting the development of future-ready talent to meet the growing demands of the digital economy. Key social achievements include:

  • Maintained strong safety performance, with zero work-related fatalities and a Total Recordable Incident Rate (TRIR) of 0.1 across more than 41 million hours worked, reflecting robust health and safety management across construction and operations.
  • Strengthened workforce capability, with an average of 18 training hours per employee, supporting the development of technical, operational and leadership skills across the organisation.
  • Advanced diversity and inclusion, with 21.7% women representation across the Group, reinforcing ongoing efforts to build a more inclusive and balanced workforce.
  • Expanded talent development initiatives, including the DC Power Up programme and partnerships with 10 Institutes of Higher Learning across our markets, helping to build a pipeline of industry-ready talent for the growing digital infrastructure sector.
  • Deepened community and workforce engagement, through skills development programmes and industry-academic partnerships that support long-term talent development and contribute to local economic growth.

Strengthening Governance and Resilience at Scale

Strong governance, disciplined risk management and robust operational controls underpin STT GDC’s ability to scale responsibly in an increasingly complex digital environment. In 2025, the Group continued to strengthen its enterprise-wide approach to governance, embedding ESG considerations into decision-making, risk management and day-to-day operations to support long-term resilience and performance. Key achievements include:

  • Strengthened governance and ethical business practices, with 100% of employees completing anti-corruption training, reinforcing STT GDC’s commitment to integrity and accountability across its global operations.
  • Enhanced enterprise-wide risk management, incorporating climate, cybersecurity and operational risks into planning and decision-making, ensuring infrastructure resilience as the Group scales.
  • Advanced cybersecurity and operational resilience, including strengthened governance, technical controls and preparedness through initiatives such as executive-level cyber exercises and risk assessments across key facilities.
  • Improved supply chain governance, embedding ESG criteria into procurement processes and reinforcing responsible sourcing practices across its global vendor network.
  • Strengthened organisational alignment and execution, through the inaugural Group ESG Summit, supporting capability building and consistent application of ESG priorities across markets.

These efforts come as data centre operators face growing expectations to deliver capacity while managing energy, water, climate and cybersecurity risks with greater transparency and accountability.

STT GDC’s 2025 ESG Report reflects a continued evolution in how the Group approaches sustainable growth, with a stronger focus on disciplined execution, operational resilience and long-term performance as it scales its global platform. As digital infrastructure becomes increasingly critical to economies and societies, STT GDC will continue to embed sustainability, risk management and governance into how it designs, builds and operates its data centres.

By working closely with customers, partners and communities, the Group aims to deliver infrastructure that is not only efficient and resilient, but also capable of supporting the next phase of digital growth, including AI-driven workloads, in a responsible and sustainable way.

The full 2025 ESG Report is available at https://www.sttelemediagdc.com/about-us/our-esg-progress

Hashtag: #STTGDC

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

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8. Befar Group Achieves Mass Production of 6N-Grade High-Purity Hydrogen Fluoride

July 23, 2026

Source: Media Outreach

BINZHOU, CHINA – Media OutReach Newswire – 22 July 2026 – On July 19, Shandong’s Befar Group achieved a technological breakthrough in four key areas of process, engineering, testing, and filling to bring its high-purity hydrogen fluoride (HF) for semiconductor applications to the 6N grade (99.9999%). This milestone fills a production gap for high-purity hydrogen fluoride in Shandong Province.

Scene at the launch ceremony for Befar Group’s electronic-grade high-purity hydrogen fluoride gas production and new product release

Source: Media Outreach

BINZHOU, CHINA – Media OutReach Newswire – 22 July 2026 – On July 19, Shandong’s Befar Group achieved a technological breakthrough in four key areas of process, engineering, testing, and filling to bring its high-purity hydrogen fluoride (HF) for semiconductor applications to the 6N grade (99.9999%). This milestone fills a production gap for high-purity hydrogen fluoride in Shandong Province.

Scene at the launch ceremony for Befar Group’s electronic-grade high-purity hydrogen fluoride gas production and new product release

High-purity hydrogen fluoride is a key raw material used in semiconductor chip etching and cleaning processes, often referred to as the “chemical scalpel” of semiconductor manufacturing. The 6N-grade product is an essential material for advanced process nodes of 28 nanometers and below. For years, core production technologies for this grade have been mainly provided by overseas companies, with domestic supply heavily reliant on imports.

Befar Group’s 6N-grade high-purity hydrogen fluoride laboratory

Befar Group overcame key technical hurdles, including multi-stage distillation coupling, selection of low-precipitation equipment materials, cylinder cleanliness and protection, and precise detection of trace impurities. The company maintains key metal-ion impurity levels below 1 part per billion (ppb), solving the problem of secondary contamination throughout the entire production, storage, and transportation chain. To date, the company has completed the construction and commissioning of a 50-ton-per-year high-purity hydrogen fluoride cylinder filling line. Having obtained the cylinder filling license from the Shandong Special Equipment Inspection Institute, the company has begun introducing its products to major customers at home and abroad. This marks a complete closed loop from laboratory R&D to industrial-scale production.

Thanks to its mass production capabilities, Befar Group will continue to deepen its expertise in high-end specialty gas technologies, expand its product portfolio of halogen-based electronic specialty gases, and develop electronic-grade hydrogen chloride, hydrogen bromide, and other series products. By increasing locally supplied capacity, the company aims to ensure the secure and stable operation of the semiconductor industry chain.

Hashtag: #Binzhou

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

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9. Aucklanders to have their say on proposed changes to Plan Change 120

July 22, 2026

Source: Auckland Council

Auckland Council’s Policy, Planning and Development Committee has today approved proposed changes to Plan Change 120 for public notification. This gives Aucklanders another opportunity to have their say on the region’s housing rules through an additional round of public submissions. 

The proposed changes respond to Government legislation that reduced Auckland’s minimum housing capacity requirement from around two million homes to a minimum of 1.4 million homes. 

Source: Auckland Council

Auckland Council’s Policy, Planning and Development Committee has today approved proposed changes to Plan Change 120 for public notification. This gives Aucklanders another opportunity to have their say on the region’s housing rules through an additional round of public submissions. 

The proposed changes respond to Government legislation that reduced Auckland’s minimum housing capacity requirement from around two million homes to a minimum of 1.4 million homes. 

These changes continue to meet the Government’s mandatory housing requirements, with some additional housing opportunities proposed in places with good access to transport and services, following feedback received from local boards and iwi authorities.  

Mayor Wayne Brown says it’s good to get a clear decision today that will allow Auckland to move forward.  

“The option we’ve gone with is a compromise between those who wanted us to do less and those, like me, who wanted us to do more.  

“Eighty-five per cent of properties won’t be affected, but we are going to get intensification where we’ve sunk billions of dollars into better public transport networks and where it makes sense. 

“It is fair to say most Aucklanders are sick and tired of talking about intensification and plan changes – our decision delivers a good, balanced outcome and we don’t need the goal posts shifted anymore,” he says.  

Housing where it makes the most sense 

Councillor Richard Hills, chair of Auckland Council’s Policy, Planning and Development Committee, says the proposed changes recognise that where housing is located is just as important as how much housing is enabled.  

“Now, once again, it’s Aucklanders’ turn. We encourage people to tell us what they think by making a submission. 

“The proposed changes to the plan continue to provide significant capacity for more housing where it makes the most sense – in well-connected locations – while providing the strongest protections for flooding and other natural hazards. The evidence shows demand for housing is highest in these locations because of good access to jobs, services and public transport. 

“This makes the best use of the transport, water and other infrastructure in which Aucklanders have already invested billions of dollars.  

“It could also provide more options for Aucklanders to own or rent a home close to transport, services and everyday needs and allow others to downsize and remain in the neighbourhoods where they raised their families. 

“Areas close to the city centre and rapid transit already provide some of Auckland’s best access to jobs, education, services and public transport. Major investments such as the $5.5 billion City Rail Link and the $1.6 billion Central Interceptor are making these locations even better connected and better able to support more housing in the future, while around 85 per cent of Auckland’s urban area remains unchanged,” says Councillor Hills.  

What was approved? 

The committee agreed a revised package of proposed changes: 

  • Within 10 kilometres of the city centre, taller building heights in some of these walkable catchments is still proposed. This includes around the five Western Line stations as set out in legislation: Maungawhau/Mt Eden, Kingsland, Morningside, Mt Albert and Baldwin Ave. 

The proposal removes additional housing around smaller local centres and along most frequent bus routes beyond 10 kilometres of the city centre. 

Auckland’s wider residential area reverts to the current Auckland Unitary Plan rules, adopted in 2016 with around 85 per cent of Auckland’s urban area remaining unchanged. 

Housing capacity is not a building target 

The current Auckland Unitary Plan is estimated to provide theoretical housing capacity for around 1.2 million homes. The proposed changes are estimated to provide theoretical housing capacity for between approximately 1.5 and 1.7 million homes. 

“Housing capacity is not a target for how many homes will actually be built,” says Councillor Hills. 

“It measures how many homes Auckland’s planning rules could theoretically allow over time if every eligible site was developed to its maximum permitted capacity. 

“This is a plan for 30 years or more. The number of homes ultimately built will continue to depend on factors such as population growth, market demand, infrastructure availability and decisions made by property owners and developers.” 

What happens next?  

Public submissions are expected to run for four weeks from the end of August 2026. 

Anyone can make a submission. Aucklanders are encouraged to read the proposal and have their say through the AK Have Your Say website from late August. 

People who have already made a submission are welcome to provide additional feedback on the proposed changes through the additional submissions process. Their existing submissions will continue to have standing unless withdrawn. 

Following the submissions period, an independent hearings panel will consider all submissions, hold public hearings and make recommendations to Auckland Council. 

The council is expected to make final decisions on Plan Change 120 in mid-2027.  

Plan Change 120 – what is being proposed? 

Walkable catchments

  • retain the Government’s required walkable catchments around the city centre, metropolitan centres, and rapid transit stops (train stations and Northern and Eastern busway stops).
  • retain walkable catchments of generally 800 metres (10-minute walk) around rapid transit stations and metropolitan centres and 1,200 metres (15-minute walk) around the city centre.
  • retain the legislated building heights of 10 and 15 storeys around the five Western Line stations: 15 storeys at Maungawhau, Kingsland and Morningside; and 10 storeys at Baldwin Avenue and Mt Albert stations.
  • retain the proposed building heights of 10 and 15 storeys around a number of other walkable catchments within 10 kilometres of the city centre (with the exception of Meadowbank Station, which is proposed to reduce to six storeys). 
  • reduce building heights in walkable catchments outside 10 kilometres from the city centre to generally six storeys, which is the height required by central government.
Town and local centres 
  • retain more apartment and terraced housing choices around most of Auckland’s town centres, as required by government. These are typically located on main roads with good access to public transport. These are places where people go to shop, work, or use services, such as St Lukes, Northcote, and Onehunga.
  • remove additional housing choices around local centres across Auckland with the existing Auckland Unitary Plan rules retained. These are smaller shopping areas like Blockhouse Bay or Grey Lynn. 
Frequent bus routes 
  • retain additional intensification along selected frequent transit corridors (major bus routes) within 10 kilometres of the city centre.
  • remove additional housing along major bus routes outside 10 kilometres of the city centre.
Natural hazards
  • retain stronger natural hazard rules with additional downzoning in the most vulnerable areas based on updated flood modelling and rainfall data to limit housing in high-risk areas and to make homes more resilient.
Wider urban area 
  • The vast majority of Auckland’s wider urban area reverts to the Auckland Unitary Plan rules, adopted in 2016.
Partial withdrawal
  • The committee also agreed to partially withdraw parts of the original Plan Change 120 proposal that are no longer being progressed. Partial withdrawal narrows the geographic area covered by the plan change. 

Original source: https://nz.mil-osi.com/2026/07/22/aucklanders-to-have-theirsayon-proposed-changes-to-plan-change-120/

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10. ZenaTech Expands AI Drone Commercialisation as DaaS Contributes 93% of Q1 Revenue

July 22, 2026

Source: Media Outreach

VANCOUVER, CANADA – Media OutReach Newswire – 22 July 2026 – ZenaTech (Nasdaq: ZENA) is combining AI-powered drone technology, enterprise software and professional services through its Drone-as-a-Service (DaaS) model, supporting commercial applications across engineering data collection, agriculture, warehouse management, facility inspection and property maintenance.

Through DaaS, enterprise customers can access drone equipment, trained personnel, mission execution, data collection and project deliverables without purchasing and maintaining a complete in-house drone system. The model extends ZenaTech’s business beyond equipment sales and enables the company to generate recurring service revenue from customers’ operational requirements.

Source: Media Outreach

VANCOUVER, CANADA – Media OutReach Newswire – 22 July 2026 – ZenaTech (Nasdaq: ZENA) is combining AI-powered drone technology, enterprise software and professional services through its Drone-as-a-Service (DaaS) model, supporting commercial applications across engineering data collection, agriculture, warehouse management, facility inspection and property maintenance.

Through DaaS, enterprise customers can access drone equipment, trained personnel, mission execution, data collection and project deliverables without purchasing and maintaining a complete in-house drone system. The model extends ZenaTech’s business beyond equipment sales and enables the company to generate recurring service revenue from customers’ operational requirements.

ZenaTech reported revenue of CAD 8.4 million for the first quarter of 2026, an increase of 640% from CAD 1.13 million in the same period of 2025. DaaS contributed approximately CAD 7.8 million, accounting for around 93% of quarterly revenue.

In 2025, the company generated annual revenue of CAD 12.9 million, up 558% from approximately CAD 2 million in 2024. DaaS contributed approximately CAD 10.1 million during its first full year of operations, representing around 78% of total annual revenue.

Acquisitions Support Service Network Expansion

ZenaTech has expanded its DaaS operations through a combination of internal technology development and acquisitions. The acquired businesses bring existing customers, professional teams and local operating capabilities, while ZenaTech gradually introduces drones, automated data collection and AI-supported analytics into selected workflows.

In 2025, the company completed 20 acquisitions, including 19 businesses providing engineering data, facility inspection and related professional services, as well as one enterprise software company.

By June 2026, ZenaTech had completed its 24th DaaS-related acquisition and expanded its services into property cleaning, facility inspection and maintenance.

Through its ZenaDrone subsidiary, ZenaTech has also developed drone products for indoor and outdoor operations. The IQ Quad supports site data collection, engineering imagery and 3D modelling, while the IQ Nano uses barcode and RFID scanning to support inventory records, shelf inspections and indoor data collection.

The company’s reported revenue growth, acquisition activity and DaaS contribution provide investors following the AI and drone sectors with measurable indicators of how its technologies are being integrated into commercial operations and converted into service revenue.

Hashtag: #ZenaTech

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

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