Latest Cost Savings News

Spenda Limited reports a 65% year-on-year jump in payment volumes and a 34% quarterly rise in cash receipts, alongside significant cost savings and leadership changes.

Adslot Ltd reported steady trading for Q2 FY26, highlighting progress in its StoreFront platform roll-out and a promising new partnership with Infomo. The company also posted positive cash flow and significant cost savings.

8common Limited reported a positive EBITDA for the first half of FY26 alongside a 4% increase in SaaS revenue, supported by significant operational cost reductions and key contract renewals.

Boab Metals has locked in over A$350 million in funding and made a Final Investment Decision to develop its Sorby Hills Silver-Lead-Zinc Project, moving swiftly towards first production in the second half of 2027.

Future Metals NL has outlined strategic initiatives to enhance its flagship Panton PGM Project, leveraging rising platinum group metal prices and new processing opportunities. Key work programs and management appointments position the company for accelerated development in 2026.

Element 25 Limited has made significant strides in advancing its Butcherbird Expansion Project in Western Australia, securing $60 million in funding and progressing key engineering and contract milestones. Simultaneously, the company moves closer to finalising financing for its US-based battery-grade manganese refinery.

Dubber Corporation Limited has signed a significant five-year contract with a major North American communications provider, while trimming costs and targeting operating cashflow breakeven in FY26.

Mayfield Group Holdings has acquired a strategic industrial property adjacent to its BE Switchcraft operations, enabling operational synergies and capacity expansion to support a $30 million contract pipeline.

Coventry Group reports a solid half-year sales and earnings improvement while initiating a strategic review following unsolicited takeover interest.

Core Lithium has unveiled an optimised mine plan for its Grants deposit that promises earlier ore production and a $35-45 million reduction in pre-production capital. The company also reported a significant increase in its Finniss Project Ore Reserve and is advancing towards a Final Investment Decision amid improved lithium market conditions.

Global Health Limited reports a robust 23% increase in customer receipts and an 85% jump in quarterly operating cashflow, as it advances its transition to AI-enabled SaaS platforms targeting profitability by June 2026.

James Hardie Industries is set to close its Fontana and Summerville manufacturing plants, consolidating production to boost efficiency and cut costs by $25 million annually starting next fiscal year.