Latest Construction News

Arizona Lithium has withdrawn its previous exploration plan for the Big Sandy Lithium Project, opting for a revised development approach with key stakeholder input, while accelerating construction at its Prairie Lithium Project in Canada.

Carbonxt Group Limited has initiated a $2 million Share Purchase Plan following successful capital raises, aiming to bolster its Kentucky activated carbon facility as it nears commercial production.

Neurizon Therapeutics received FDA guidance on its IND application for NUZ-001, with a single request for additional animal exposure data but no safety concerns flagged. The company is actively addressing the FDA’s request while evaluating impacts on its ALS trial timeline.

FBR Limited’s exclusive joint venture option with CRH Ventures for its Wall as a Service® offering in the US has expired without exercise, freeing the company to pursue independent financing and partnerships across key American markets.

Larvotto Resources has modified its Hillgrove Antimony-Gold Project to adopt dry stacking for tailings, a move that promises environmental benefits and faster regulatory approval without impacting project economics.

Aurizon’s half-year FY2025 results reveal a 4% EBITDA decline despite a 6% increase in coal volumes, alongside mixed safety outcomes and an extended $300 million buy-back program.

Aurizon Holdings posted a 3% revenue increase to $2.02 billion for 1HFY2025 but saw EBITDA dip 4% to $814 million, reflecting operational headwinds across key segments. The company declared a 9.2 cents per share interim dividend, signaling cautious optimism despite margin pressures.

Lendlease Group has reported a robust turnaround in its half-year results, posting an operating profit after tax of $122 million and advancing its strategic capital recycling initiatives. The company is on track to reduce gearing and enhance operational efficiency amid ongoing market challenges.

GWA Group Limited reported a 1.9% revenue increase and a 3.2% rise in normalised EBIT for the half year ended December 2024, supported by strong cash flow and operational discipline. The company declared a fully franked interim dividend of 7.5 cents per share, up 7.1%.

Lendlease Group has reported a statutory profit after tax of $48 million for the half year ended December 2024, reversing a prior loss and announcing a 6.0 cent interim distribution. The company is advancing key asset sales including Capella Capital and its US Military Housing business as part of its strategic transformation.

Eden Innovations has landed a significant second order from Holcim Ecuador for its EdenCrete® Pz7 concrete additive, underscoring growing global interest in its low-carbon concrete solutions.

BlueScope Steel reported steady revenue of $8.59 billion for the first half of FY2025, maintaining solid earnings despite challenging raw material costs and subdued housing demand. The company’s diversified operations and ongoing capital investments underpin its resilience amid market headwinds.