Latest Engineering Services News

GR Engineering Services delivered a record EBITDA of $63.1 million in FY26, secured over $1 billion in new contracts, and announced a $110 million equity raise to support a forecast revenue surge in FY27.

Audeara Limited has raised $1.26 million through a two-tranche share placement to back its expanding technology licensing and retail channels, following a year of revenue growth and reduced cash burn.

GR Engineering Services has locked in a $275 million EPC contract for the Yitirrti Copper-Silver-Zinc Project, reinforcing its position as a leading Australian minerals processing contractor.

Develop Global has locked in GR Engineering to build its Yitirrti processing plant in the Pilbara, advancing a project on track for mid-2028 production and backed by a US$400 million Trafigura financing deal.

EAU Lithium, a subsidiary of Cosmos Exploration, has signed a strategic Master Services Agreement with VULTEC, the German technology arm of Vulcan Energy Resources, to advance lithium extraction projects in Bolivia using cutting-edge direct lithium extraction technology.

Lycopodium has secured a A$93 million EPCM contract to expand Artemis Gold’s Blackwater Mine in Canada, boosting the mine’s throughput capacity to one of the largest in the country.

Barton Gold has wrapped up an intensive 39,000m Phase 2 drilling campaign at its Tunkillia Gold Project, aiming to upgrade resource classifications ahead of a Pre-Feasibility Study due in Q1 2027. Early assay results suggest potential for improved grade and resource size, underpinning robust project economics.

SciDev Ltd has landed its first contracts in the data centre sector, targeting water recycling and treatment services for two major Australian hyperscale operators. The deals are expected to generate around $0.5 million in revenue in the first half of FY27, marking a strategic step into a high-growth market.

Monadelphous has secured a $200 million contract from BHP to deliver key infrastructure works at the Nelson Point Port Facility in Port Hedland, signalling a significant boost for its engineering construction division.

Environmental Clean Technologies (ASX: ECT) disclosed confidential talks on acquiring Xenica Materials and a new engineering deal with Metallium amid a price surge, followed by a $12 million placement announcement.

Dateline Resources confirms Colosseum as a high-margin gold project with strong BFS economics and pushes rare earth exploration at Music Valley with assays up to 7.1% TREO.

Boab Metals has secured key contracts and financing milestones, accelerating the Sorby Hills Silver Lead Project with first production slated for H2 2027.