Latest Construction Progress News

Blue Star Helium has reported robust flow rates from multiple development wells and received permitting approval for a helium and CO2 processing plant, advancing its path to first production in H1 2025.

Melbana Energy advances its Cuban Block 9 operations with the Alameda-2 workover and prepares to drill Amistad-2, while announcing maiden resource estimates offshore Western Australia’s AC/P70 permit.

Mayur Resources has unveiled significant progress on its Central Lime Project, including enhanced production capacity, favorable EPC bids, and advancing offtake negotiations, setting the stage for a Final Investment Decision.

Delorean Corporation has marked a pivotal quarter with the Financial Investment Decision for its SA1 Bioenergy Project and steady progress on the Yarra Valley Water facility, underpinning its transition to infrastructure ownership in Australia's bioenergy sector.

Strandline Resources reports a decline in mineral sands production and sales in the December 2024 quarter, impacted by lower ore grades and mechanical setbacks, while actively negotiating debt restructuring and advancing key infrastructure projects.

Vulcan Energy has marked a pivotal quarter with major capital raises, strategic partnerships, and the commencement of Europe’s first fully integrated battery-quality lithium hydroxide production.

Image Resources NL has made significant strides in advancing its Atlas Project, overcoming bushfire disruptions and securing a US$20 million prepayment facility to fully fund operations through to first revenue, with commissioning and initial production on track for early 2025.

Nickel Industries delivered a record US$72.4 million EBITDA in Q4 2024, driven by strong operational milestones and strategic project advancements. However, currency fluctuations posed a significant challenge, underscoring the company’s exposure to foreign exchange risks.

BCI Minerals reports robust progress in its Mardie Salt and Potash Project, achieving financial close on a $981 million debt facility and advancing construction beyond the halfway mark. The company maintains a strong focus on sustainability and safety as it targets first salt shipment in Q2 FY27.

Foresta Group Holdings secures a significant regulatory boost as its Kawerau renewable energy project is included in New Zealand’s Fast-Track Approvals Act 2024, expediting the path to construction and operation.