Latest Engineering News

Austin Engineering has raised its FY25 revenue guidance to $370 million, driven by strong growth in the Americas, but has lowered its EBIT forecast due to operational challenges in Chile.

Kore Potash has signed non-binding term sheets with OWI-RAMS for a $2.2 billion funding package to develop its flagship Kola Potash Project in the Republic of Congo, combining senior secured finance and royalty-based funding under Shariah principles.

Blue Star Helium has wrapped up its 2025 Galactica drilling campaign with strong results from six wells, setting the stage for commercial helium production in the second half of 2025.

GTI Energy’s recent scoping study highlights promising economics for its Lo Herma uranium project in Wyoming, prompting plans for expanded drilling in 2025 to upgrade and grow its resource base.

Blue Star Helium reports robust natural flow rates and high helium concentration from its State 9 well at the Galactica project, signaling a promising step toward commercial production.

AnteoTech Ltd has completed a strategic review that refocuses its business on commercialising existing products, delivering $1.6 million in annual cost savings and expanding its sales pipeline in battery and life sciences markets.

PlaySide Studios and Warner Bros. Interactive Entertainment have announced a premium real-time strategy PC game, Game of Thrones, War for Westeros, set for global release in 2026. The game invites players to command iconic factions in the battle for the Iron Throne.

Caravel Minerals has locked in a $15 million loan facility to fund the critical Definitive Feasibility Study for its flagship Caravel Copper Project, advancing the path to development without diluting shareholder equity.

Hot Chili Limited has released a robust Preliminary Feasibility Study for its Huasco Water project in Chile, outlining a multi-stage water supply network to support mining, agriculture, and communities in the water-stressed Huasco Valley. The project boasts strong financial metrics and key MOUs with major mining and industrial clients.

NH3 Clean Energy has signed a pivotal Joint Development Agreement with Pilbara Ports Authority and Oceania Marine Energy to establish low-emissions ammonia bunkering operations at Port Dampier by 2030, supporting maritime decarbonisation in line with new global shipping regulations.

Cobalt Blue Holdings has completed a scoping study for its Halls Creek Project in Western Australia, outlining a staged development plan with promising economics and a sustainable power strategy. The project targets near-term copper and zinc production with a modest initial capital outlay.

GTI Energy’s updated scoping study for its Lo Herma Uranium Project in Wyoming highlights a promising low-cost in-situ recovery operation with robust economics and a 7-year mine life. The study outlines a central processing plant scenario delivering strong returns amid a supportive regulatory and infrastructure environment.