Latest Engineering News

Civmec Limited reports a 24.3% drop in revenue and a 19% fall in net profit for the half year ended December 2025, while advancing its naval shipbuilding footprint through the acquisition of Luerssen Australia.

BWP Group has reported a robust 41.2% increase in statutory profit for the half-year ending December 2025, alongside a 4.1% rise in interim distributions and a growing portfolio valued at $3.9 billion.

Alliance Aviation Services has announced a significant $160 million impairment on its ageing Fokker aircraft fleet, signalling a strategic shift towards fleet renewal. The company plans to progressively retire these planes while maintaining operational stability.

Temple & Webster Group Limited reported a robust 20% revenue increase to $376 million in the first half of FY26, maintaining momentum towards its $1 billion revenue target by FY28. The company’s strategic investments in AI, exclusive products, and new markets like New Zealand underpin its expanding market presence.

Oneview Healthcare reported a robust 21% increase in revenue for FY2025, driven by recurring revenue growth and new customer acquisitions. The company is advancing AI-powered solutions and targeting operational breakeven in 2026.

Northern Star Resources delivers robust half-year financials, confirming the integration of De Grey Mining’s Hemi Project and nearing completion of the KCGM mill expansion.

Prairie Lithium has begun installing foundation piles and grade beams at its flagship Pad #1 site, marking a significant step towards commercial lithium production. Concurrent construction of prefabricated panels aims to accelerate the project timeline.

humm Group reports a $13.9 million statutory profit for 1H26, driven by commercial lending growth and strong consumer segment performance despite rising credit losses and regulatory costs.

Brazilian Rare Earths has confirmed a breakthrough low-temperature acid-cure process achieving up to 97% rare earth extraction at just 150°C, promising lower costs and enhanced scalability for its Brazilian operations.

Lindian Resources has launched a significant Stage 2 drilling program at its Kangankunde Rare Earths Project in Malawi, aiming to upgrade resource confidence and expand production capacity. The initiative targets converting up to 40 million tonnes of inferred resources to indicated status, underpinning plans to increase ore throughput and monazite concentrate output.

D3 Energy has secured a new Technical Cooperation Permit adjacent to its flagship helium project in South Africa, broadening its exploration footprint and reinforcing its position in the global helium market.

Southern Cross Electrical Engineering has secured $75 million in new contracts across Western Australia, New South Wales, and the ACT, reinforcing its footprint in key infrastructure projects.