Latest Concrete News

Brightstar Resources says construction of its 1.5Mtpa Laverton processing plant remains on schedule and within budget for first gold in June 2027, while Sandstone continues to expand through drilling and resource upgrades. The September quarter also set up a larger exploration push, backed by an A$82 million placement and Genesis Minerals’ new strategic stake.

Control Bionics has begun converting its expanded product and regulatory pipeline into revenue, while a completed $9.75 million capital raising gives the company a larger cash buffer. The next test is whether partner-led sales and NeuroStrip trial conversions can reduce its cash burn as planned.

Develop Global delivered record mining and processing volumes at Woodlawn while advancing its lithium and copper growth pipeline. The September quarter also generated A$29.6 million in operating cash flow, although cash fell to A$95.5 million after heavy investment and debt repayments.

Eden Innovations has secured a fifth EdenCrete Pz7 order from Holcim Ecuador, taking cumulative purchases from the customer beyond US$1 million. The repeat demand is prompting Eden to assess whether South America deserves a larger strategic focus.

VRX Silica has completed the Arramall farm purchase and secured a 21-year lease for Arrowsmith North’s proposed processing plant, but final regulatory approvals and project financing remain outstanding. The company ended September with A$4.364 million in cash while estimating Arrowsmith North’s capital requirement at approximately A$74.5 million.

Dexus has forecast lower FY27 earnings while refocusing its business on office, industrial, retail and selected alternatives. The ASX-listed real estate group is also targeting more than A$2 billion of capital release, but remains exposed to infrastructure fund liquidity issues and the unresolved APAC appeal.

Aurelia Metals generated its strongest quarterly Cobar operating cash flow since 2018 as higher gold, copper and zinc production lifted cash to A$160.7 million. The company reaffirmed FY27 guidance while moving closer to a major Peak processing expansion.

Iluka Resources delivered higher contracted zircon pricing and reduced mineral sands net debt in the September quarter, while the Eneabba rare earths refinery reached 65% construction completion. The update also showed the execution risks still attached to Balranald and a prolonged shutdown of synthetic rutile capacity.

Deep Yellow has pushed back its targeted fourth-quarter Final Investment Decision for the Tumas uranium project, citing unfavourable equity market conditions. The delay comes as engineering reaches 85%, construction works begin and cash falls to A$144.7 million.

Clean TeQ Water delivered a stronger FY26, with revenue up 71% to A$19.7 million, positive operating cash flow and a narrowed loss. The bigger shift is commercial: major water and critical-minerals contracts are moving into execution while the Rasp Mine agreement creates the company’s first recurring revenue stream.

Cynata Therapeutics ended September with just A$175,000 in cash after a A$1.316 million quarterly operating drain, but says sweeping cuts and fresh funding could extend its runway into FY2028. The biotech has now reduced its workforce to zero, repaid its R&D loan and shifted focus to finding value for its Cymerus platform.

Boab Metals has strengthened the case for its Sorby Hills silver-lead project, extending the mine life to 10.5 years while reporting construction progress and higher Norton recoveries. The project remains targeted for first concentrate in Q3 2027, but the quarter also consumed A$30.9 million in cash and left the A$236 million debt facility undrawn.