Latest Expansion News

Meeka Metals has reported its first full-year profit as a gold producer, but the $51.3 million result came after a difficult second half and $107 million of growth investment. The company is now betting that higher-grade underground ore, processing upgrades and a fresh Mt Holland portfolio can improve cash generation.

Korvest has entered FY27 with record work on hand after completing a new 3,500 square metre Kilburn factory, even as FY26 profit and operating cash flow declined. The ASX-listed manufacturer maintained its 40-cent fully franked final dividend and plans another $4 million capacity investment.

EcoGraf has begun a European Investment Bank-funded study program worth up to €2 million to test expansion options for its Epanko graphite project and planned battery anode operations. The work could strengthen future financing and development decisions, but it remains a planning exercise rather than a construction commitment.

Advanced Engineered Materials is targeting a sharp increase in high-purity alumina sales while laying the groundwork for a possible doubling of Cap-Chat capacity to 6,000 tonnes per annum. The opportunity is substantial, but much of the customer pipeline remains uncontracted and the expansion still depends on feasibility work, financing and a final investment decision.

DPM Metals has extended its Brevene Porphyry South discovery with long, high-grade gold-copper-molybdenum intercepts, including 716.6 metres at 3.30 g/t gold equivalent. Mineralisation now reaches the Chelopech mine concession and remains open in several directions and at depth.

EVT delivered growth across hotels, cinemas and Thredbo in FY2026 while outlining an approximately $500 million non-core property divestment programme. The group is also reviewing its structure as it redirects capital towards asset-light hotel expansion and considers potential special dividends.

The Colonial Motor Company (NZX:CMO) increased shareholder profit, lifted its annual dividend and sharply reduced borrowings and inventory in 2026. The New Zealand automotive group is entering a more difficult trading period, however, with price pressure, new-brand competition and a chair transition ahead.

Nyrada has secured AU$12.0 million from institutional and sophisticated investors, with a further AU$2.0 million shareholder purchase plan planned, giving the biotech funding to advance its Xolatryp clinical programs. The raise also carries substantial dilution and an unusually large proposed director subscription worth AU$5.125 million, subject to shareholder approval.

Helloworld Travel has agreed to acquire Crown Currency Exchange for $135 million, adding 68 Australian stores and an FY26 underlying EBITDA stream of $22 million. The transaction expands Helloworld’s retail footprint but will also introduce a mix of NAB debt, vendor financing and a share placement.

Killi Resources has intersected a 50-metre zone of visually estimated crystalline magnetite 600 metres south of Lodestone’s existing 110Mt inferred resource. The result also identified a separate 16-metre hanging-wall zone, but assays and metallurgical testing are still pending.

Waterco Limited (ASX:WAT) delivered record FY26 EBIT of $23.8 million and lifted net profit after tax 59.6% to $15.4 million, despite only modest revenue growth. The stronger result supports a higher fully franked dividend, but the group is carrying more debt and inventory as it expands manufacturing capacity.

Orthocell has recorded the first commercial sales of its Remplir nerve repair product in Thailand, opening a new market estimated at US$84 million. The launch gives the company another distributor-led growth channel, although near-term sales are expected to remain modest.