Latest Construction Progress News

Lindian Resources appoints Zekai Komur as Executive Director to spearhead delivery and expansion of its Kangankunde Rare Earths Project, with Stage 1 fully funded and construction progressing ahead of schedule.

Lindian Resources has won shareholder approval for a A$91.5 million institutional placement, fully financing its Kangankunde Rare Earths Project through to first production targeted in late 2026.

ALCORE, ABx Group’s subsidiary, has secured government approval for overseas R&D activities and is pursuing a $5 million grant to accelerate its clean fluorine chemical technology commercialisation.

Finbar Group has launched its $115 million Riverbank Residences project with over 70% of apartments sold, while August sales hit a 30-year high, signalling strong demand for mid-tier Perth apartments.

Pacific Lime and Cement Limited has approved the Final Investment Decision for its Central Lime Project in Papua New Guinea, adopting a fully equity-funded strategy that slashes upfront capital expenditure by 42% and eliminates debt servicing costs. Construction is underway, with production expected within 18 months.

BCI Minerals has transitioned to full-scale operations at its Mardie Salt Project, marking a pivotal moment with strong construction progress, secured financing, and binding offtake agreements. The company remains on track for first salt shipment by late 2026.

Iluka Resources delivers resilient half-year results amid economic and geopolitical challenges, maintaining solid margins and progressing critical projects like Balranald and Eneabba.

Origin Energy reported a 6% rise in full-year profit to $1.48 billion, driven by LNG trading gains and operational resilience, while advancing key renewable projects and battery storage developments.

Finbar Group has sold out its $113 million Bel-Air Apartments project well before its anticipated mid-2026 completion, highlighting strong demand for mid-tier apartments in Western Australia.

Iluka Resources has secured a long-term supply of rare earth concentrate from Lindian Resources’ Kangankunde mine, underpinning its Eneabba refinery’s capacity and advancing Australia’s rare earth ambitions.

Pacific Lime and Cement Limited has approved the Final Investment Decision for its Central Lime Project, adopting a fully equity-funded approach that slashes upfront capital costs by 42% and secures strong backing from the Papua New Guinea government and local communities.

AIC Mines has successfully raised over $14 million through a Share Purchase Plan, exceeding its $10 million target, to fund expansions at its Eloise processing plant and the Jericho copper mine development.