Latest Mining Equipment And Services News

Alfabs Australia delivered an 11% revenue increase and improved free cash flow in FY26, progressing its debt restructuring and setting the stage for dividend reinstatement.

Austin Engineering's FY26 results reveal a 12.7% revenue drop and a 53.7% EBITDA decline, driven by operational setbacks in the Americas and a loss-making Chile contract. Improved cash flow and safety metrics offer a silver lining as the company embarks on a reset for FY27.

Austin Engineering has refinanced $43.9 million of banking facilities with HSBC, simplifying its debt structure and extending its funding platform through to November 2029 to support growth and working capital needs.

IMDEX Limited (ASX:IMD) delivered a standout FY26 with 21% revenue growth to $520 million and a 44% jump in net profit to $79 million, driven by organic growth and five key acquisitions. The company raised its dividend and expanded its digital earth science footprint, positioning for further gains.

Emeco Holdings expects FY26 operating EBITDA near $290 million despite weather and supply headwinds, while FY27 outlook targets stable earnings with improved utilisation and ongoing deleveraging.

IMDEX Limited reported a resilient FY25 with steady margins, reduced net debt, and strategic acquisitions positioning it for growth. The company’s FY26 outlook is optimistic, supported by improving global exploration activity and technology adoption.

Imdex Limited reported a notable 70% surge in net profit for the 2025 financial year, even as revenue slipped by 3.1%. The company also announced a steady dividend payout amid strategic corporate changes.

Austin Engineering has restated its FY24 financials due to revenue recognition errors in its Chilean subsidiary, leading to an upward revision of its FY25 revenue and profit guidance.

Babylon Pump & Power capped FY25 with its strongest rental segment performance and is poised to expand significantly following imminent acquisitions of Matrix Hydro Services and Blue Hire.

MLG Oz Limited has locked in a new two-year contract with Fortescue subsidiaries to provide crushing and screening services at multiple Western Australian mine sites, reinforcing its foothold in the mining services sector.