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ALS has invested in additional geochemistry capacity as the cycle for global mineral exploration ramps up again, providing an improved earnings outlook

The infrastructure splurge in the latest federal budget augurs well for Downer EDI, Australia’s largest road construction and maintenance provider. Morgan Stanley upgrades to Overweight.

FNArena examines the latest financial reports from the waste-management industry, which stands to benefit from several ESG megatrends; and an update on Rio Tinto’s Juukan Gorge and its implications for the resources industry, which stands at the opposite end of the ESG stick

The Federal government has launched a $190m recycling modernisation fund, aimed at kickstarting Australia’s circular economy. But there’s a long road to hoe and $1bn to flow.

A brief look at important company events and economic data releases next week.

HRL Holdings has emerged from the depths of the lockdown relatively unscathed but the uncertain economic outlook is likely to weigh on FY21.

ALS Ltd has acted quickly to manage the economic downturn but a robust recovery in sample flows and testing is expected as lockdowns measures are unwound.

Service Stream has been hampered by the pandemic, having to add costs to ensure the safe delivery of field-based operations. On the positive side, the company is confident it will maintain its progressive dividend policy.

Plastic recycling is one of the most active areas of innovation in the world today, thanks to the threat of regulation. From new or improved recycling technology, to rapid growth in recycled plastic patent filings and new repositories for recycled plastic, this industry wallflower is transforming into the belle of the predators’ ball.

Cleanaway Waste is now relying on cost reductions and price increases to deliver growth in the second half of FY20, guiding to a flat first half.