Latest Engineering News

Australian Vanadium Limited has aligned its $49 million government grant with its integrated vanadium project following a key merger, advancing its vertically integrated supply chain ambitions.

NRW Holdings reported a 12.2% revenue increase to $3.27 billion in FY25, offset by a significant impairment linked to OneSteel receivables. The company declared a final fully franked dividend of 9.5 cents per share, underscoring confidence despite challenges.

Downer EDI Limited has announced an on-market buy-back of up to 33.6 million ordinary shares, set to run from September 2025 through June 2026. The move signals a strategic capital management initiative without requiring shareholder approval.

Vault Minerals announces that CEO Luke Tonkin will step down within the next 12 months, triggering a leadership transition as the company continues to build on recent operational successes.

Downer EDI Limited has announced a fully franked ordinary dividend of AUD 0.141 per share for the six months ending June 2025, with payments scheduled for early October.

Megaport Limited delivered a robust FY25 with 20% growth in annual recurring revenue and EBITDA surpassing guidance, setting the stage for continued expansion in FY26.

IPH Limited reported a solid 16.5% revenue increase to $710.3 million for FY25, driven by strategic acquisitions in Canada and strong organic growth in Asia and ANZ. Despite ongoing delays at the Canadian Intellectual Property Office, the company achieved higher earnings and dividends, setting the stage for further operational efficiencies and technology investments.

Li-S Energy Limited reported a $6.41 million net loss for FY25 while making significant strides in commercialising its lithium-sulfur battery technology, including commissioning new production facilities and securing key strategic partnerships.

Bega Cheese Limited reported a robust FY2025 with a 23% rise in normalised EBITDA to $202 million, underpinned by branded growth and a turnaround in its bulk segment. Strategic manufacturing rationalisation and new product innovation set the stage for continued momentum.

AIC Mines Limited reported a robust FY25 with $189.6 million revenue and $15 million net profit, securing key contracts and funding for its Eloise expansion and Jericho development.

Goodman Group reported a robust FY25 with a 13% rise in operating profit to $2.31 billion, driven by strong data centre development and strategic capital management. The Group targets continued growth with a 9% OEPS increase forecast for FY26.

Janus Electric has inked a $5 million Memorandum of Understanding with EVUNI to distribute its electric drivetrain technology across Africa, marking a bold step in its international growth strategy.