Latest Aukus Partnership News

Duratec's joint venture with Ertech has clinched a $281 million contract to upgrade submarine infrastructure at HMAS Stirling, marking a major step in Australia's AUKUS defence preparations.

Southern Cross Gold Consolidated Ltd throws its weight behind Australia’s new A$1.2 billion Critical Minerals Strategic Reserve, spotlighting its Sunday Creek gold-antimony project as a key player in securing domestic supply and reducing reliance on China.

Duratec Limited’s joint venture with Ertech has been greenlit to begin early procurement for critical infrastructure upgrades at HMAS Stirling, supporting Australia’s future submarine capabilities under the AUKUS partnership.

The Australian Treasurer has approved Hanwha Corporation’s increase of its direct equity stake in Austal Limited from 9.9% to 19.9%, setting the stage for potential strategic partnerships as Austal rides a wave of record revenues and defence contracts.

Hazer Group has partnered with M Resources to integrate its methane pyrolysis technology into a bid to transform the Whyalla steelworks into a low-carbon steelmaking hub. This collaboration aims to produce clean hydrogen and graphite, aligning with government decarbonisation goals.

VEEM Ltd posted a 15% revenue decline and a 57% net profit drop for FY25, reflecting cyclical defence contract impacts. The company secured a $65 million ASC contract extension and continues investing in R&D and automation to drive future growth.

AML3D has opened a cutting-edge Wire-Arc Additive Manufacturing facility in Ohio, enhancing U.S. defense production and supporting the AUKUS partnership. The new site aims to supply critical components for the Virginia-class submarine program while creating local jobs.

VEEM Limited has been awarded $2 million in government grants to enhance its manufacturing capabilities for critical naval components, supporting Australia's nuclear submarine and defence programs.

Aurora Labs has reached a critical design freeze milestone under its Australian Defence Force contract, advancing its novel 3D-printed propulsion system towards testing and validation phases.

AML3D has delivered Copper-Nickel components for the U.S. Navy’s Virginia-Class submarine program in under five weeks, a dramatic reduction from traditional manufacturing timelines, reinforcing Australia’s role in the AUKUS defense supply chain.