Latest Equity Stake News

The Australian Treasurer has approved Hanwha Corporation’s increase of its direct equity stake in Austal Limited from 9.9% to 19.9%, setting the stage for potential strategic partnerships as Austal rides a wave of record revenues and defence contracts.

Macro Metals has confirmed access to Utah Point at Port Hedland, enabling export of up to 4 million tonnes per annum from its Extension Iron Ore Project starting late 2026. This milestone advances project financing and production plans.

Pacific Lime and Cement Limited has formalised a pivotal Project Development Agreement with the Papua New Guinea government, marking a major step forward for its Central Lime and Cement Project and signalling strong sovereign support.

The Minerals Development Company Botswana has increased its investment in Botala Energy’s Serowe coal bed methane project to approximately A$4 million, signaling strong government backing for the company’s LNG ambitions.

Austral Gold has released its production guidance for fiscal 2026, forecasting 26,000 to 30,000 gold-equivalent ounces from its Chilean and Argentine operations. The outlook reflects steady output at Guanaco and a restart at Casposo, with a notable toll-processing agreement shaping part of the year’s production.

Premier Investments reported a robust FY25 with a 31% rise in net profit, driven by strong performances from Peter Alexander and Smiggle, alongside a strategic capital return plan including a $100 million share buyback.

Delorean Corporation has teamed up with Paper Australia (Opal) to explore a renewable energy project at the Maryvale Paper Mill, aiming to convert organic waste into green gas and electricity through anaerobic digestion.

West African Resources is advancing negotiations with the Burkina Faso Government over equity interests in its Kiaka gold project, proposing alternatives to direct government ownership to boost national benefits without diluting shareholder value.

Zelira Therapeutics has received a $1.07 million cash refund under Australia’s R&D Tax Incentive Scheme, reinforcing its funding for ongoing clinical trials and product development. The company has also repaid a prior loan advanced against this claim, positioning it for continued growth in cannabinoid-based medicines.

Basin Energy has agreed to sell its Marshall Uranium Project to Green Canada Corporation, securing cash, shares, and a significant equity stake while retaining strategic rights and exposure to Canadian uranium assets.

The Star Entertainment Group has secured crucial regulatory approvals to convert a $300 million strategic investment by Bally’s Corporation and Investment Holdings into equity, setting the stage for board changes and a path toward financial recovery.

Urbanise.com Limited has secured a landmark partnership with National Australia Bank to integrate banking services into its cloud-based strata management platform, marking a pivotal step in modernising an industry long reliant on legacy systems.