Latest Contract Award News

Matrix Composites & Engineering has landed a significant A$34 million subsea buoyancy contract, boosting its FY27 workload as it navigates a major acquisition proposal.

Lycopodium Limited has landed a A$196 million engineering and construction management contract for Resolute Mining’s Doropo Gold Project, marking a major expansion in West Africa.

Minbos Resources has secured a US$13.8 million Phase 2 construction contract with Grupo Arliz, marking a pivotal step toward completing its Cabinda Phosphate Fertilizer Plant in Angola. With key equipment already on site and funding in place, the project moves closer to operational readiness.

Core Lithium has begun underground decline development at its BP33 deposit within the Finniss Lithium Project, alongside ongoing open pit mining at Grants, and successfully shipped its first lithium products via Darwin Port.

KGL Resources has received the initial US$16 million tranche from a US$300 million precious metals streaming deal with Wheaton, marking a key funding milestone for the Jervois Copper Project development in Australia’s Northern Territory.

Eminence Minerals has kicked off a comprehensive drilling campaign at its Campo Grande Rare Earth Project in Brazil, targeting high-priority corridors adjacent to a major peer's high-grade rare earth discovery.

Metallium Limited has successfully run three Flash Joule Heating reactors in parallel for 12 hours, hitting key scale-up milestones and setting the stage for commercial metal recovery campaigns.

Southern Cross Electrical Engineering (ASX:SXE) has secured $150 million through a fully underwritten institutional placement priced at $4.00 per share, aiming to support new contracts and potential acquisitions. A $15 million share purchase plan will follow, offering existing shareholders a chance to participate.

GR Engineering Services has secured a $233 million EPC contract with Ora Banda Mining for a 3.0 Mtpa process plant at the Davyhurst Expansion Project, reinforcing its strong project pipeline into FY27 and FY28.

Minerals 260 has kicked off early construction at its 4.5Moz Bullabulling Gold Project, aiming for plant construction in early 2027 and first gold output by late 2028. Key initiatives include a $59.1 million village contract, water infrastructure development, and extensive grade control drilling.

Eminence Minerals has contracted Eco Sondagem for a 2,000-metre auger drilling campaign targeting rare earth corridors adjacent to Brazilian Rare Earths’ Sulista district in Bahia, Brazil, marking a key step toward resource definition.

GR Engineering Services has been named preferred contractor for the A$295 million Sulphur Springs Copper-Silver-Zinc Project in Western Australia, marking a significant addition to its growing EPC portfolio.