Leigh Creek in talks for new fertiliser plant

Leigh Creek Energy (ASX: LCK) is in discussions with ‘several international companies’ in the nitrogen fertiliser market to establish a new production plant in South Australia. The company has successfully demonstrated in-situ gassification of coal reserves at Leigh Creek, making it the largest uncontracted gas reserve in eastern Australia. The company said in a statement:…

EOS completes takeover, boosts profit forecast

Canberra-based electronics and systems developer Electro Optic Systems (ASX: EOS) has completed the takeover of communications business EM Solutions and released increased profit forecasts for the year. The company is now a subsidiary and a foundation for EOS’s new communications division, alongside its divisions in defence and space business. EOS’s expertise is in laser communications…