Latest Construction News

Iondrive Limited has won a $3.9 million government grant to advance its innovative urban mining technology, accelerating the construction of a pilot plant focused on critical minerals recovery from lithium-ion batteries.

SGH Ltd reported solid FY25 results with EBIT rising 8% to $1.54 billion, supported by strong performances in Boral and WesTrac, alongside a 49% surge in operating cash flow. The company projects continued earnings growth in FY26 amid disciplined capital management and operational improvements.

SGH Ltd reported a solid 12.6% rise in net profit for FY2025 alongside a dividend increase, reflecting steady growth despite key asset sales. The company’s net tangible asset backing per share surged, signaling strengthened balance sheet resilience.

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.

Livium Ltd and Mineral Resources Ltd have formalised a 50 – 50 joint venture to commercialise the innovative LieNA® lithium processing technology, aiming to license it globally despite current market headwinds.

Syntara Limited has received FDA guidance recommending a Phase 2 controlled trial for its lead drug amsulostat in myelofibrosis, setting the stage for a pivotal Phase 3 study. The company is poised to refine its clinical strategy while advancing a diverse pipeline with key data milestones ahead.

Green360 Technologies has successfully raised A$4 million through a share placement to fund the commercialisation and scaling of its innovative low-carbon cement technology, supported by institutional investors and strengthened leadership.

Pure Hydrogen Corporation has secured over $3 million in new orders for hydrogen fuel cell trucks, including prime movers for Scott Lovatt Transport and concrete agitator trucks for Heidelberg Materials, signaling rising commercial adoption of clean transport technology in Australia.

Zeotech Limited has secured a binding offtake term sheet with MSI, granting exclusive rights to supply and market its kaolin products across key Asian markets, underpinning its Toondoon Kaolin Project development.

Provaris Energy has launched a fully funded Front End Engineering Design phase for its proprietary large-scale liquid CO2 tanks, backed by Yinson. The move signals growing market interest in scalable carbon capture shipping solutions, especially across Asia.

Metro Performance Glass is set to strengthen its balance sheet and support its turnaround strategy through a $15 million to $24 million equity raise, with Amari Metals Australia poised to become the majority shareholder. This recapitalisation aims to reduce debt and improve operational focus amid challenging market conditions.

Magnetite Mines Limited has updated its Razorback Iron Ore Project, revealing a 6.6 billion tonne mineral resource and progressing key strategic partnerships and approvals to support green steelmaking ambitions.