Latest Engineering News

Zicom Group anticipates a significant fall in revenue and profits for FY2026, citing completion of major EPC contracts and geopolitical headwinds, but sees improving prospects with renewed political stability and fresh tenders.

Strike Energy has boosted its 2P gas reserves at the Walyering field to 16.4 PJ, incorporating maiden reserves from the newly discovered Walyering West. The company is advancing development plans with a final investment decision expected in Q4 2026.

Hazer Group and KBR have secured a paid pre-feasibility study with a leading Japanese power utility to explore large-scale deployment of methane pyrolysis technology, reinforcing Hazer's foothold in Japan's clean hydrogen market.

IMDEX Limited (ASX:IMD) delivered a standout FY26 with 21% revenue growth to $520 million and a 44% jump in net profit to $79 million, driven by organic growth and five key acquisitions. The company raised its dividend and expanded its digital earth science footprint, positioning for further gains.

WA Kaolin Limited has entered receivership with Cathro & Partners taking control, signalling urgent assessment of operations and potential sale or recapitalisation.

IPD Group reported record FY26 results, driven by robust data centre expansion and the Platinum Cables acquisition, delivering earnings above guidance and declaring a higher dividend.

Challenger Gold has raised A$85 million and revamped its leadership to accelerate development of the Hualilán Gold Project, shifting from toll treatment to an integrated mining and processing operation backed by a new 35,000-metre drilling campaign.

Caravel Minerals has significantly advanced its Caravel Copper Project with a near-complete Definitive Feasibility Study, marked by a 48% increase in Proven Ore Reserves and strengthened funding arrangements.

Archer Materials has pinpointed a capillary blood collection method that matches venous samples in haemolysis levels, advancing its potassium Biosensor development towards integrated clinical testing.

Podium Minerals has secured a $4 million underwritten share purchase plan to fund advancing metallurgical work and site rehabilitation at its Parks Reef PGM Project, following a significant step-change in concentrator performance.

Unity Metals has pinpointed a major magnetic intrusion beneath Rohav Mountain that may drive its gold system, with new geophysical targets set for drilling in late 2026.

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.