Latest Engineering Contracts News

Tivan Limited has taken significant steps forward at its 100% owned Molyhil Tungsten Project, awarding major engineering contracts and preparing for a maiden drilling program aimed at expanding its resource base.

Small caps did the heavy lifting this week, led by two big discovery stories in resources. Funding raises and takeover moves kept attention on who can pay for the next step, not just promise it.

Speculative money piled into new discoveries and tight-supply metals, while a handful of small caps were sold hard on thin liquidity. The week’s biggest moves came from PGMs and tungsten on the way up, and micro-cap gas on the way down.

Toubani Resources has secured key environmental approvals and a $395 million funding package to propel its Kobada Gold Project in Mali towards construction, alongside launching its largest-ever drilling campaign targeting resource expansion.

Clean TeQ Water Limited reported strong operational progress in Q2 FY26, highlighted by a $19 million contract with Rio Tinto and a successful $6 million capital raise. The company is advancing multiple water treatment and critical minerals projects globally.

Sunrise Energy Metals advances its Syerston Scandium Project with a robust updated Ore Reserve supporting a 32-year mine life, alongside significant financing commitments and a strategic offtake option with Lockheed Martin.

Clean TeQ Water has landed a $665,160 engineering contract with Sunrise Energy Metals to update key designs for the Syerston Scandium Project, supporting a crucial investment decision.

Toubani Resources is poised to begin construction on its Kobada Gold Project in Mali after securing key environmental approvals and a substantial financing package. The company is advancing rapidly towards becoming a major gold producer in Africa.

SRJ Technologies’ UAE subsidiary has landed a US$879k contract to manage a major controls upgrade for a Middle Eastern National Oil Company, marking a key step in its regional expansion.

Ryzon Materials has updated its prospectus to include a $3.5 million engineering contract with Yantai, alongside a detailed revision of its capital allocation for the Nachu Project. The changes reflect a strategic step in advancing its lithium-ion battery materials development.

SRJ Technologies has partnered with CAPSA Engineering in a $23.8 million joint venture to deliver critical electrical asset integrity services for a Middle Eastern National Oil Company, marking a major step in its regional expansion.

SRJ Technologies has made significant strides in its three-year growth plan, securing a $6 million joint venture with a Middle East National Oil Company and raising £1.4 million to fund its regional expansion.