Latest Construction News

BWP Group reported a strong $265.6 million net profit for FY2025, driven by property valuation gains and rental growth, while completing a major internalisation and lease reset transaction with Wesfarmers.

Vmoto reports a sharp 44% decline in 2Q25 sales driven by China’s slowdown but counters with strategic UK investment and a new Uber partnership to electrify European delivery fleets.

Brightstar Resources has unveiled a robust multi-hub expansion strategy in Western Australia, boosted by its strategic acquisition of Aurumin Limited. The company targets a significant production increase to 200,000 ounces of gold annually by 2029.

Immutep has received encouraging feedback from the FDA on its immunotherapy eftilagimod alfa combined with KEYTRUDA for patients with low PD-L1 expression in head and neck cancer, opening potential accelerated approval pathways.

Antilles Gold initiates a $650,000 share placement to fund working capital and prepare for a major $29.5 million EPC contract with Xinhai Mining, advancing the Nueva Sabana copper-gold mine development in Cuba.

FireFly Metals has secured environmental approval and reported exceptional metallurgical results for its Green Bay Copper-Gold Project in Canada, setting the stage for a production restart. With economic studies underway and strong funding, the project is rapidly advancing toward a scoping study release in early 2026.

Austal Limited has raised its FY2025 EBIT guidance from $80 million to at least $100 million, driven by robust manufacturing performance and a key submarine modules contract with General Dynamics Electric Boat.

Austal Limited has finalized a Strategic Shipbuilding Agreement with the Commonwealth of Australia, positioning its subsidiary as the nation’s key Tier 2 naval shipbuilder. This long-term pact sets the stage for significant defence vessel construction in Western Australia.

Savana Asset Management’s US Small Caps Active ETF (ASX, SVNP) has demonstrated resilience and strategic differentiation in its first nine months, navigating volatile markets with a contrarian, value-driven approach. A standout investment in Kohl’s Corp highlights the fund’s disciplined algorithmic strategy amid meme-stock mania.

Element 25 Limited is advancing its Butcherbird Manganese Mine expansion in Western Australia alongside a new US-based refinery, backed by strong financing and partnerships with major automakers for EV battery-grade manganese supply.

Canyon Resources has drawn down US$26 million from its US$140 million credit facility to accelerate infrastructure and rolling stock procurement at its Minim Martap bauxite project, targeting production start in early 2026.

Future Battery Minerals Ltd has identified seven broad gold targets at its Burbanks East project in Western Australia, leveraging magnetic geophysics and historical data. The company is advancing tenure grant and preparing for further drilling, supported by a strong cash position.