Latest Construction News

Australian Vanadium Limited has locked in a US$10 million secured loan from major shareholder RCF to advance its flagship vanadium project and prepare for a significant government battery storage tender.

Gowing Bros. Limited posted a $3.29 million loss for FY25 but declared a fully franked 3 cent final dividend, highlighting ongoing development at Sawtell Commons and a strong sustainability agenda.

WestStar Industrial’s subsidiary SIMPEC has landed a $115 million contract to expand residue filtration capacity at Alcoa’s Pinjarra Alumina Refinery, marking a key growth milestone.

Estrella Resources has secured all approvals to begin maiden drilling at its Werumata limestone project, targeting a substantial 500 million tonne resource near key infrastructure in Timor-Leste.

Zeotech Limited has successfully raised $13 million through a strongly supported placement, positioning the company to advance mining operations at its Toondoon Kaolin Project and progress its AusPozz™ feasibility study.

Strike Energy’s FY25 results reveal a strategic pivot to integrated gas and power projects, leadership renewal, and strong financial gains despite a major asset impairment.

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.

Critica Limited reports strong preliminary beneficiation results from its Jupiter rare earths project, achieving consistent ~95% mass rejection and a 6–10x uplift in rare earth grades. A closed-circuit pilot plant is now under construction to optimise recovery and advance product development.

FBR Limited has successfully placed the shortfall from its recent Share Purchase Plan, raising an additional $288,910 through issuing over 64 million shares. This capital injection supports the company’s ongoing development of its innovative robotic technologies.

United Overseas Australia Ltd has completed its acquisition of a prime land parcel in Ho Chi Minh City, setting the stage for a major Grade A office development that aligns with Vietnam’s growing financial hub ambitions.

Synlait Milk Limited has completed a $350 million refinancing package with a strong banking syndicate, featuring amended financial covenants for FY26 and maintaining key shareholder support.

Manuka Resources has gained approval for a secondary listing on the New Zealand Stock Exchange, enhancing trading access for local shareholders and supporting its strategic growth in critical and precious metals projects across New Zealand and Australia.