Latest Cost Savings News

CSL Limited has revised its financial outlook for FY26, citing lower US influenza vaccination rates and government cost controls in China, while postponing the planned demerger of its Seqirus vaccine business and announcing a major cost-saving program.

OD6 Metals has selected a cutting-edge rare earth processing flowsheet delivering ~75% recovery of key elements and completed metallurgical drilling at Splinter Rock, supported by a $2.5 million capital raise. The company also commenced Phase 2 drilling at its Gulf Creek Copper Project, maintaining a strong cash position.

Ramelius Resources unveils a fully funded five-year growth plan targeting over 500,000 ounces of gold production annually by FY30, backed by major plant upgrades and strong free cash flow projections.

Bega Cheese Limited reported robust FY2025 results marked by strategic site consolidations, innovation-led growth, and a strong financial position, setting the stage for an optimistic FY2026.

Whitehaven Coal reported a steady start to FY26 despite a 15% drop in quarterly production, with cost-saving initiatives on track and a strong balance sheet supporting ongoing projects.

Newmont Corporation delivered a strong third quarter in 2025, producing 1.4 million gold ounces and generating a record $1.6 billion in free cash flow, while improving its cost and capital guidance for the year.

Motio Limited has reported a robust Q1FY26 cash EBITDA exceeding $700,000, surpassing earlier guidance and marking over 20% growth year-on-year. The company also appointed industry veteran Justin Kingston as its new COO to spearhead commercial and operational expansion.

Eden Innovations reports a surge in US orders and quotations for its OptiBlend dual fuel kits, driven by growing demand from data centres. Recent sales exceed US$300k, with a robust pipeline of US$4.4 million signalling strong market momentum.

Stellar Resources advances its Heemskirk Tin Project with expanded drilling revealing high-grade tin zones and ore sorting trials confirming cost-saving potential. Strategic MOUs and a strong cash position underpin the company’s push towards becoming a top global tin producer.

PlaySide Studios reported a tough FY25 with a 25% revenue drop and a $7.4 million EBITDA loss, prompting a swift restructure. The company is optimistic about FY26, driven by strong original IP titles and expanding external projects.

Air New Zealand has revised its first half 2026 financial outlook to a pre-tax loss between NZD 30 million and 55 million, citing weaker revenue growth and rising costs. The airline is pushing cost-saving measures while highlighting uncertainties ahead.

IDT Australia announces a strategic realignment focusing on profitability and operational efficiency, reporting strong revenue growth from its three core verticals and securing $3.4 million in new contracts for FY26.