Latest Contract Execution News

Civmec Limited has expanded its order book to a record $1.5 billion, driven by new contracts including a major installation package at Iluka's Eneabba Rare Earths Refinery and a key construction role in Perth Park, Western Australia's flagship entertainment precinct.

Frontier Energy has locked in firm commitments for a $110 million equity raise to fund Stage One of its Waroona solar-battery project, advancing alongside senior debt financing and contract finalisations.

Megaport has landed four major AI infrastructure contracts worth A$459 million, fueling its plan to build a globally-distributed AI inference cloud supported by a new A$350 million GPU Pool. The company is raising A$827 million through a fully underwritten entitlement offer to fund these initiatives and future growth.

EV Resources has locked in agreements covering more than 50% of its Tecomatlán Processing Plant's feedstock capacity through four non-binding MOUs, advancing its path to near-term antimony production amid global supply tightness.

GR Engineering Services has locked in a $110 million EPC contract with Brightstar Resources for the Laverton Processing Plant, reinforcing its leadership in Australian minerals processing projects.

Metal Bank has taken a significant step toward production at its Seven Leaders gold deposit by signing a non-binding MOU with Terra Mining for contract mining and crushing services, targeting a Q4 2026 start.

Papyrus Australia has fulfilled a critical contract milestone by delivering 200 biodegradable Collar Keeper product samples to TBS Mining Solutions, enabling the next phase of product testing despite a slight delay.

Brightstar Resources is poised to hit a major milestone with a Final Investment Decision expected in June 2026, paving the way for first gold production by mid-2027 at its Goldfields Project in Western Australia.

Electro Optic Systems (ASX:EOS) has launched a A$175 million capital raising to complete its MARSS acquisition and accelerate expansion in counter-drone and defence technologies, buoyed by a surge in Middle East orders.

GR Engineering Services has been appointed preferred contractor for Ora Banda's $233 million Davyhurst Expansion Project, marking a major EPC win in WA's gold sector.

Galilee Energy has secured a fixed-price drilling rig contract for its Zydeco-1 well in Louisiana, confirming a July 2026 spud date and reducing cost and scheduling risks ahead of a key Gulf Coast gas-condensate project.

NRW Holdings’ subsidiary has won a $200 million contract to upgrade Tonkin Highway in Perth, enhancing safety and easing congestion on a key transport corridor. Construction is set to begin in late 2026 with potential for additional works at Hale Road.