Latest Construction Progress News

Black Rock Mining has secured A$10 million through an equity placement to initiate early construction activities at its Mahenge Graphite Project in Tanzania, marking a pivotal step towards full project development.

Tamboran Resources has achieved record natural gas flow rates in the Beetaloo Basin and advanced its drilling and infrastructure projects, positioning the company for first gas sales by mid-2026.

Delorean Corporation has locked in a $14.5 million lower-cost loan facility with National Australia Bank to fund its SA1 Salisbury Bioenergy Project, refinancing existing debt and freeing capital for further bioenergy developments.

Meteoric Resources has confirmed exceptional rare earth recoveries from continuous piloting at ANSTO, producing high-quality Mixed Rare Earth Carbonate and demonstrating effective waste handling. This milestone advances the Caldeira Project towards commercial development and offtake agreements.

Estrella Resources reports further high-grade manganese intersections at its Ira Miri prospect in Timor-Leste, while preparing for limestone drilling at Werumata pending environmental approvals.

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.