Latest Cost Savings News

Microba Life Sciences has delivered robust FY26 growth in its core microbiome testing business, with revenues up 92% year-on-year and a new GI Navigator product set for launch in September 2026. The company also announced a $7 million annualised cost reduction program as it advances towards cashflow break-even.

EQT’s controlled entity has upped its non-binding offer for Perpetual to A$22.07 per share, a 2% premium on its initial bid. The proposal hinges on Perpetual’s Wealth Management sale and other conditions, with no certainty of a deal.

Alfabs Australia has strengthened its financial footing in Q4 FY26, commissioning new mining equipment and cutting costs to reduce net debt and progress towards dividend reinstatement.

Synertec has expanded its Powerhouse footprint with Santos, adding two new solar-plus-storage systems to power coal seam gas wells under a high-margin BOOM model.

HeraMED's Phase 1 pilot with Lee Health confirms strong patient adoption and operational efficiency for its digital maternity care platform, setting the stage for broader US rollout.

Genesis Minerals and Vault Minerals have agreed to merge, creating a top-3 Australian gold producer with a pro-forma market cap of about A$12.66 billion and annual production of 600-700koz.

Genesis Minerals and Vault Minerals have agreed to merge in a deal valuing Vault at about A$5.6 billion, creating a top-three Australian gold producer with pro-forma annual production of 600-700koz and estimated synergies of A$2 billion.

Adrad Holdings is investing $3 million to build a second factory in Thailand, aiming to boost capacity for its Heat Transfer Solutions business and streamline operations.

Anson Resources has clinched approval for its Small Scale Mining Operation at its Green River Lithium Project, clearing the way for a 10,000 tpa lithium carbonate plant in Utah. With all major permits in hand, the company moves closer to refining costs and advancing project financing.

Southern Palladium’s latest DFS metallurgical tests reveal a dramatic jump in chromite recovery to 85.6%, alongside improved platinum group metal grades and recoveries, potentially reshaping project economics.

SPC Global reported solid Q4 FY26 growth driven by domestic beverage sales and a 50.8% jump in international revenue, while a $100 million equity raise slashed net leverage and paved the way for improved cash flow in FY27.

European Metals Holdings has revealed preliminary testwork results indicating a potential switch to a tunnel kiln for its Cinovec Lithium Project, promising substantial capital and operating cost savings alongside a reduced carbon footprint.