TRADING UPDATES: Aurrigo wins deal; Dekel palm oil output up

Mon, 11th May 2026 13:59

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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Aurrigo International PLC - Coventry, England-based transport technology provider - It announces a three-year framework worth GBP4.5 million to supply new electrical system sets "for a next generation supercar programme". "Under the terms of the agreement, [GBP810,000] of contracted orders will be recognised in FY26, with the remainder due to be placed across FY27 and FY28 in line with the customer's production schedule," Aurrigo says. "This record contract with a long-standing customer reflects the strength of Aurrigo's R&D and engineering capability in high tech electrical systems and integration, and its track record of delivering complex, high-value programmes to demanding quality and timing requirements, in both advanced automotive and autonomous engineering."

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Dekel Agri-Vision PLC - West Africa-focused agricultural company - Crude palm oil output in April rises 44% on-year to 6,279 tonnes from 4,375. Sales rise 29% to 6,347 tonnes from 4,939. The average CPO price per tonne is down 1.8% to EUR947 from EUR964. Palm kernel oil output is down 2.9% to 305 tonnes, but sales more than double to 398 tonnes. "PKO sales prices remained very strong at EUR1,306 per tonne, only marginally lower than the high levels achieved in April 2025," Dekel adds. At the cashew operation, "sales volumes and prices remained stable, reflecting steady underlying demand".

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First Development Resources PLC - explorer for critical minerals and rare-earth elements in Western Australia and Northern Territory - Appoints GD GeoDrill Australia Pty Ltd as drilling contractor for its maiden programme at the Lander West gold target, located at the Selta project in Australia's Northern Territory. "The appointment of GeoDrill Australia represents a significant operational milestone for the company and follows completion of the necessary regulatory approvals required to commence drilling activities at Lander West," First Development says.

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80 Mile PLC - portfolio of energy, critical minerals and industrial gas projects with asset in Greenland, Finland and Italy - It receives "all exploration permits" needed for a 2026 drilling programme at the Disko-Nuussuaq copper, cobalt and platinum group elements asset in Greenland. "The grant of the drilling permits represents a significant milestone for the project," 80 Mile says. "80 Mile has engaged Forage Fusion Drilling to provide two diamond drilling rigs for a targeted 5,000 metre initial campaign, with an expected start date July 2026. Forage Fusion Drilling is a global diamond drilling operator and has extensive experience operating in the Arctic." SRK Exploration Ltd is made geological manager.

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Kendrick Resources PLC - mineral exploration and development company with projects in Namibia and Sweden - Kendrick completes a "high-resolution digital elevation model" at the Teufelskuppe asset in Namibia. The study finds "14 million tonnes of high-grade, above ground carbonatite mineralisation identified from exposed outcrops". Grades place it "amongst the highest grade rare earth projects globally". Kendrick adds that the presence of "easily accessible, visually identifiable mineralisation significantly reduces geological risk".

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Abingdon Health PLC - York, England-based life science firm providing rapid diagnostic tests - Customer UpFront Diagnostics launches LVOne, a rapid blood test for identifying a stroke at the point of care. "Abingdon Health has acted as CDMO partner to Upfront Diagnostics for LVOne, delivering feasibility through scale-up, quality control, robustness testing, validation, and routine manufacture of the test's two assays. The programme navigated a number of technical challenges, including evolving project scope during technical transfer, inter-dependent dual-biomarker development, and complex reagent lead times," Abingdon says.

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Dotlines Global Ltd - operating in the telecommunications, digital infrastructure, cybersecurity and financial technology sectors - Begins trading on AIM after reversing into Ikigai Ventures Ltd, a special purpose acquisition company. As part of the buy, Ikigai moves to AIM from the London Main Market, changing its name to Dotlines. Dotlines operates in the telecommunications, digital infrastructure, cybersecurity, and financial technology sectors in Malaysia and the UK. It has two main divisions. The Sohoj platform serves the Asia diaspora in Malaysia with digital content and services and a mobile wallet. The Catena and Audra businesses provide telecommunications and cybersecurity software in the UK.

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SulNOx Group PLC - London-based green fuel technology developer - Signs distribution agreement with Performance Products & Services. The pact expands its India and Sri Lanka distribution. "The partnership represents a further expansion of Sulnox's distribution footprint in one of the world's fastest-growing and most energy-intensive economies," it adds.

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By Eric Cunha, Alliance News news editor

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