Latest Engineering And Design News

Peak Rare Earths Limited has entered a scheme of arrangement with Shenghe Resources (Singapore) Pte. Ltd., valuing the company at approximately A$158 million. The scheme offers Peak shareholders a cash consideration of no less than A$0.359 per share, representing a 199% premium to the last closing price.

Hot Chili Limited launches a A$14 million rights issue to fund key strategic initiatives, including advancing its La Verde copper-gold discovery and completing asset-level partnering processes within the Costa Fuego Project in Chile.

Optiscan Imaging Ltd has launched its first in-human breast cancer study and unveiled a new veterinary imaging device, while securing a key US collaboration to support FDA submissions.

Finder Energy has fast-tracked development of its Kuda Tasi and Jahal oil fields in Timor-Leste, targeting initial production rates of up to 40,000 barrels per day through a strategic alliance with SLB. The company’s tight capital structure and multiple exploration prospects position it for significant catalysts in the second half of 2025.

Finder Energy has fast-tracked its Kuda Tasi and Jahal (KTJ) oil field development in Timor-Leste through a strategic alliance with SLB, advancing key engineering design by 12 months and targeting a final investment decision in 2026. The company also strengthened its financial position with a $6 million placement, supporting ongoing exploration and development activities across its diverse portfolio.

Coda Minerals reports breakthrough metallurgical results at its Elizabeth Creek Copper-Cobalt Project, achieving copper recoveries up to 95.9% and advancing key environmental approvals.

Arafura Rare Earths pushes forward with equity funding for its Nolans Project, targeting a €100 million investment from Germany’s Raw Materials Fund amid rising geopolitical tensions reshaping the rare earths landscape.

Ausgold Limited’s Definitive Feasibility Study for the Katanning Gold Project confirms a decade of strong gold production and robust financial returns, while regional exploration efforts continue to expand the growth pipeline.

Canyon Resources has begun construction of the Inland Rail Facility and upgraded haulage road in Cameroon, key steps toward first bauxite production and shipment in 2026.

Amplitude Energy capped FY25 with record production and revenue, while progressing its East Coast Supply Project and announcing significant board changes.

Hazer Group has signed a non-binding MOU with UK’s EnergyPathways to explore a large-scale clean hydrogen facility integrated with the Marram Energy Storage Hub in northwest England.

Vulcan Energy Resources has raised €30 million through a strategic placement led by BNP Paribas’ Clean Energy Solutions Fund to advance critical development stages of its Phase One Lionheart lithium project.