Latest Construction News

Fitzroy River Corporation reported steady royalty income for the June quarter and highlighted significant progress on several royalty projects, including government approvals for Buru Energy’s Rafael Gas Project and a major equity raise for Endura Mining’s Snowy River Gold development.

Alkane Resources has reported a record quarterly operational cash flow of A$73 million and gold equivalent production of 30,511 ounces, reflecting the successful integration of Mandalay Resources. The company remains on track to meet its full-year guidance amid ongoing exploration and development progress.

Capricorn Metals delivered record gold production and cash flow in Q1 FY26, progressing its Karlawinda Expansion Project and securing a key acquisition to bolster its resource base.

Iondrive Limited has advanced its battery recycling ambitions by securing key partnerships in the US and Australia, commencing pilot plant construction, and gaining substantial government funding support.

Immutep Limited reports strong progress in its Phase III lung cancer trial with over 170 patients enrolled, alongside positive FDA feedback and a robust cash position supporting ongoing development.

Lynas Rare Earths is set to boost its Heavy Rare Earths production with a new separation plant in Malaysia, aiming to meet rising global demand outside China. The A$180 million project will leverage Lynas’ Mt Weld deposit and local resources to supply critical materials for advanced manufacturing.

Grand Gulf Energy progresses its Petroleum Exploration Licence application offshore Namibia and advances seismic survey planning for its Red Helium project, while exploring strategic partnerships to enhance growth.

Strike Energy has made significant strides in its integrated gas-to-power strategy, advancing the South Erregulla Peaking Gas Power Station and securing a major $86 million investment from Carnarvon Energy. The company also confirmed a substantial 180 PJ contingent resource at Ocean Hill, positioning itself strongly in Western Australia's evolving energy market.

QPM Energy has made significant strides in advancing its 112MW Isaac Power Station, securing major financing and operational milestones that position it well for mid-2027 commissioning.

Sarytogan Graphite Limited has secured major engineering contracts for its Definitive Feasibility Study, setting the stage for construction in 2027. The project’s strategic importance under the EU Critical Raw Materials Act highlights its role in the battery minerals supply chain.

VRX Silica Limited has entered a conditional contract to acquire the Arramall farm site adjacent to its Arrowsmith North project, aiming to reduce capital and operating costs while shrinking its environmental footprint.

VRX Silica Limited has secured critical environmental and mining approvals for its Arrowsmith North silica sand project, alongside binding offtake contracts with major Asian customers, setting the stage for production by late 2026.