Bundey site power energization
Company: IREN - Project: Bundey
The claim, verbatim
Bundey site power will not energize until 2028 or later
Source (primary)
$IREN Ltd (IREN.US)$ mentioned a few times in this $NVIDIA (NVDA.US)$ press release on 2GW of planned Australian AI factories by 2027. IREN's prior communication was that the Bundey site power won't energize until 2028+. But article says 2GW by 2027 - Moomoo (-, news_article)
View cached copy (2026-09-10)Live source ↗Archive.org ↗
Quote: “IREN's prior communication was that the Bundey site power won't energize until 2028+”
How we checked this
Checked on October 11, 2026. The cited source supports part of this claim, but not all of it.
The source is a retail investor's community post that paraphrases what IREN 'previously communicated' about Bundey. It shows that a third party relayed a 2028+ timeline, but it does not establish the timeline as fact or confirm that IREN said it.
Confirmed in the source:
- A moomoo community post by user Mathew Segiel states that IREN previously communicated that power at its Bundey site would not energize until 2028 or later
We could not confirm this from the cited source:
- That IREN itself made this statement (no IREN filing, release or call is quoted or linked)
- That Bundey site power will in fact not energize until 2028 or later, as the claim states without attribution
- That 2028 or later remains IREN's current timeline rather than a past one
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of the publisher (https://www.moomoo.com/community/feed/iren-ltd-iren-us-mentioned-a-few-times-in-this-117244060696581) in full (3,849 characters, retrieved September 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms $IREN Ltd (IREN.US)$ mentioned a few times in this $NVIDIA (NVDA.US)$ press release on 2GW of planned Australian AI factories by 2027. IREN's prior communication was that the Bundey site power won't energize until 2028+. But article says 2GW by 2027 - Moomoo
Quote: “IREN's prior communication was that the Bundey site power won't energize until 2028+”
confirms $IREN Ltd (IREN.US)$ mentioned a few times in this $NVIDIA (NVDA.US)$ press release on 2GW of planned Australian AI factories by 2027. IREN's prior communication was that the Bundey site power won't energize until 2028+. But article says 2GW by 2027 - Moomoo
Quote: “IREN's prior communication was that the Bundey site power won't energize until 2028+”