Latest Construction News

GR Engineering Services Limited reported a robust FY25 with revenue climbing to $479 million and EBITDA surging to $57.2 million, supported by successful project completions and an expanded contract pipeline. The company declared a higher fully franked dividend and maintains a strong cash position as it looks ahead to FY26.

ABx Group is set to begin drilling at its T8 Rare Earths discovery in northern Tasmania, targeting expansion of high-grade dysprosium and terbium mineralisation critical for advanced technologies.

MAAS Group Holdings reported a 6% rise in FY25 underlying EBITDA to $219.4 million, driven by strong construction materials growth and strategic acquisitions. The company projects FY26 EBITDA between $240 million and $270 million, underpinned by renewable energy projects and a robust capital recycling program.

Maas Group Holdings delivered a record $219.4 million Underlying EBITDA in FY25, driven by strategic acquisitions and disciplined capital recycling. The company projects further growth with FY26 EBITDA guidance between $240 million and $270 million amid stable market conditions and expanding renewable energy projects.

Aeris Resources reported steady Q1 FY26 production with 10.3kt copper equivalent at AISC of A$4.64/lb, alongside significant growth capital investment and promising exploration results.

Element 25 has appointed Altris Engineering to lead the AU$64.8 million expansion of its Butcherbird manganese mine, a move that underpins its strategy to supply high-purity battery materials to the US electric vehicle market.

National Storage REIT delivered robust FY25 results, surpassing earnings guidance and expanding its development pipeline, while advancing sustainability and technology initiatives.

Renascor Resources reports steady progress on its Purified Spherical Graphite demonstration plant in Adelaide, backed by a $5 million government grant, aiming to challenge China’s dominance in battery materials.

Beetaloo Energy Australia Limited reported a robust cash position and secured new financing facilities to support ongoing development at its Carpentaria project. Despite significant exploration outflows, the company maintains sufficient liquidity to advance operations.

Beetaloo Energy has completed the largest hydraulic fracture stimulation in Australian history at its Carpentaria-5H well, advancing its pilot project and gas plant construction amid pending regulatory approvals.

SSH Group has landed a $2.53 million strategic placement from Hong Kong Xinhai Mining Services, marking a pivotal step in its evolution into a vertically integrated mining powerhouse.

Broken Hill Mines has raised $38.5 million through a strongly supported placement to accelerate exploration and development at its Rasp and Pinnacles mines, aiming to boost production and capitalise on high silver prices.