Latest Australia News

True North Copper says its Cloncurry Copper Project has reached a more substantial technical base, with Wallace North flotation tests averaging 88.9% copper recovery and contained copper-equivalent Resources rising 62% to 204kt. The pre-feasibility study remains targeted for completion in late 2026, but gold recovery, toll-processing terms and economic outcomes are still unresolved.

Verbrec has secured approximately A$22 million of water and wastewater infrastructure awards since the start of FY2027, led by a NZ$15.1 million headworks project in New Zealand. The contracts extend into FY2028 and support the company’s existing FY2027 revenue guidance, although margins and cash-flow timing remain undisclosed.

Microba has secured a $2.025 million placement while cutting costs further, launching GI Navigator and advancing its proposed merger with Genetic Signatures. The funding comes as the company reports strong Australian testing growth but only about one quarter of cash cover before the raise.

Green360 Technologies has moved MKX further into commercial supply, with binding agreements covering up to 9,600 tonnes and more than 3,500m³ of concrete placed in Melbourne projects. Revenue rose and operating cash outflow narrowed sharply, although the reported contract volumes are maximums rather than guaranteed purchases.

Janus Electric has used a A$1.91 million FY2026 R&D tax refund to cut its Rockford loan balance to A$987,000. The repayment is expected to reduce interest costs by about A$325,000 a year, while a further overseas R&D refund remains subject to approval.

Excite Technology Services has secured a $2.9 million, 24-month contract with an unnamed Australian Federal Government regulator. The award expands its government work in digital forensics and investigative analytics, although standard termination and scope variation rights limit certainty around the full value.

EBR Systems has submitted its WiSE wireless cardiac pacing system for Australian regulatory approval, opening a potential second commercial market after the United States. The application has entered a priority review pathway, but neither approval nor an assessment timetable is guaranteed.

Beetaloo Energy is approaching a pivotal Q4 milestone, with its Carpentaria Gas Plant moving into final instrumentation and electrical works after Carpentaria-5H sustained an average 6.9 TJ/day flow. The company also ended September with $113.2 million in liquidity and unveiled a longer-term gas-to-power and data centre opportunity near Darwin.

BHP has held its FY27 production and unit-cost guidance despite a 19% year-on-year fall in first-quarter copper production, with stronger iron ore and coal output providing some balance. The mining giant also reported a 10.73 billion tonne Olympic Dam block cave Mineral Resource, although the new resource remains far from an Ore Reserve or approved mine plan.

Sparc Technologies, Fortescue and Adelaide University will invest a further A$1.3 million in Sparc Hydrogen as the venture moves from laboratory integration towards on-sun testing. The funding follows laboratory results showing SunHydrogen modules exceeded 10% solar-to-hydrogen efficiency, though commercial economics remain unproven.

Aquirian has secured an approximately $21 million, three-year extension to supply technology and energetics at the Mt Ida Gold Project. The deal requires no additional capital expenditure and extends the supply term to December 2030.

Everest Metals has advanced its Mt Edon rubidium project towards pilot plant development after batch testing delivered recovery of up to 90% and cut leaching water use by 60%. The scale-up remains unfinished, with continuous rotary-kiln trials producing lower and variable recovery of 50% to 60%.