Latest Engineering Design News

D3 Energy has raised $6.12 million through a strongly supported placement at a significant premium to its IPO price, aiming to accelerate exploration and development of its helium assets amid tightening global supply.

Lycopodium Limited has landed a major A$118 million contract to engineer and supply the Tulu Kapi Gold Project in Ethiopia, marking a significant step toward full gold production by mid-2028.

Horizon Minerals has taken a decisive step to fast-track its Black Swan Processing Hub by ordering critical long lead items, underpinning its transformation into a 2.2Mtpa gold processing facility near Kalgoorlie.

Provaris Energy has successfully raised $1.325 million through an oversubscribed placement, aiming to advance its 2026 development milestones in hydrogen and carbon dioxide storage technologies.

Investigator Silver Limited has raised A$55 million through an institutional placement to accelerate development of its Paris Silver Project, following a robust feasibility study confirming strong economics and rapid payback.

Provaris Energy reported a 59% increase in its half-year loss to $2.09 million, driven by higher project development costs amid progress in hydrogen and carbon capture technologies. The company raised over $3.5 million in capital and is advancing key milestones for its hydrogen shipping and liquid CO2 tank projects.

ASF Group Limited has reversed a significant loss to report a half-year profit of $539,708, driven by key disposals and a strengthened balance sheet.

Channel Infrastructure reported steady FY25 financials with record throughput and key project progress, while raising dividends and expanding into Australia via a strategic pipeline stake.

Caravel Minerals confirms its Definitive Feasibility Study for the Caravel Copper Project remains on track for mid-2026, while regulatory water investigations push the Final Investment Decision to late 2027. Meanwhile, strategic talks with Adani advance steadily.

Amplitude Energy has delivered a standout half-year performance with record gas production and a 246% jump in profit, while advancing key projects and strengthening its balance sheet.

Li-S Energy narrows its loss to $1.21 million in H1 2026, propelled by a $7.8 million ARENA grant and key manufacturing milestones including Australia’s first lithium metal foil production line. Strategic defence and aerospace partnerships bolster its commercialisation drive.

Talga Group’s application for a major Swedish government grant was declined due to budget constraints, yet the company remains on track with alternative financing to scale its graphite anode production.