Latest Contract Award News

Dyno Nobel has reaffirmed its FY26 outlook and retained its A$600 million FY28 underlying EBIT ambition, while setting a new A$800 million target for FY31. The explosives maker is positioning defence energetics, premium technology and growth in mining markets as the next leg of expansion.

Element 25 has started early site works at its Butcherbird Expansion Project in Western Australia, preparing the ground for a planned 1.1Mtpa manganese operation. The milestone shifts the project from planning towards physical construction, although the main construction package is yet to be awarded.

Aerometrex has secured a $617,141 excluding GST contract to capture LiDAR and aerial imagery across approximately 7,500 square kilometres in the Beetaloo Sub-basin. The project is expected to begin shortly and reach production finalisation around eight weeks after data capture.

WestStar Industrial says a verbally agreed contract claim added about $5 million to FY2026 revenue and turned what would otherwise have been a loss into a profit. The explanation comes in response to an ASX query over the timing of its results and a recent cleansing notice.

Viridis Mining has placed its first major equipment order for the Colossus Rare Earth Project, securing critical-path pressure filtration technology that underpins its 2028 production target.

Valiant Gold is fast-tracking the restart of its Comet Gold Mine in Western Australia, securing major infrastructure contracts and advancing technical studies to target production resumption by Q2 FY27.

GR Engineering Services launches a $10 million share purchase plan at the same price as a recent $100 million institutional placement, offering eligible shareholders a chance to invest up to $30,000 each.

Medallion Metals has awarded a $50 million EPC contract to GR Engineering to convert its Cosmic Boy Concentrator into a standalone facility producing copper concentrate and gold doré, aligning with feasibility estimates and advancing production timelines.

FMR Resources has completed preliminary 3D inversion modelling of induced polarisation data at its La Martuca Prospect in Chile, refining key chargeability anomalies linked to known mineralised structures and advancing a first-pass drill plan for Q4 2026.

Alfabs Australia delivered an 11% revenue increase and improved free cash flow in FY26, progressing its debt restructuring and setting the stage for dividend reinstatement.

Verbrec has landed $16 million in new contracts spanning engineering, construction, and cyber security services for gas infrastructure, reinforcing its role in Australia's energy security amid looming supply challenges.

GR Engineering Services delivered a record EBITDA of $63.1 million in FY26, secured over $1 billion in new contracts, and announced a $110 million equity raise to support a forecast revenue surge in FY27.