Latest Construction And Engineering News

Symal Group has agreed to acquire Timms Group and L&D Contracting for $28 million, significantly expanding its Queensland footprint and positioning itself for the 2032 Brisbane Olympics infrastructure boom.

Pacific Lime and Cement Limited has secured a strategic partnership with global construction giant PowerChina to accelerate development of its Orokolo Bay Industrial Sands Project in Papua New Guinea, targeting production by 2026.

Toubani Resources confirms uninterrupted operations at its Kobada Gold Project in Mali despite local fuel and security concerns, while progressing key funding and permitting milestones.

Civmec Limited reports solid Q1 FY26 financials alongside key milestones in naval shipbuilding and infrastructure contracts, positioning itself strongly in Australia’s defence sector.

Johns Lyng Group has officially been acquired by Sherwood BidCo, controlled by Pacific Equity Partners, with shareholders receiving $4.00 per share or equity in the new entity. The company will be delisted from the ASX on October 24, marking a new chapter under private ownership.

WestStar Industrial’s subsidiary SIMPEC has landed a $115 million contract to expand residue filtration capacity at Alcoa’s Pinjarra Alumina Refinery, marking a key growth milestone.

Civmec Limited reported solid FY2025 financials with revenue surpassing A$810 million and a strengthened order book of A$1.25 billion, underpinned by its strategic acquisition of Luerssen Australia.

Ashley Services Group reported a 60% jump in net profit for FY25 despite a 7.3% revenue decline, focusing on debt reduction and operational efficiency to fuel future growth.

Fleetwood Limited delivered a robust FY25 performance with significant earnings growth and a strong dividend increase, while outlining a confident outlook for FY26 despite challenges in its RV Solutions segment.

Celsius Resources' Philippine affiliate has engaged Ausenco for a critical engineering design update, backed by a $10 million loan to push the Maalinao-Caigutan-Biyog Copper-Gold Project closer to construction.

Alpha HPA Limited reports significant progress on its HPA First Project Stage 2 with key infrastructure completed and engineering milestones met. Strong semiconductor sector demand drives Letters of Intent covering over 60% of Stage 2 production, while sapphire wafer production and leadership changes position the company for growth.

Monadelphous Group Limited has announced a fully franked ordinary dividend of AUD 0.33 per share for the half-year ending December 2024, alongside an update to its Dividend Reinvestment Plan election deadline.