Latest Expansion News

Korvest expects its first-half FY27 trading result to come in significantly above the prior corresponding period and ahead of the stronger second half of FY26. The outlook follows record FY26 revenue, a growing order book and major investment in manufacturing capacity.

Epsilon Healthcare delivered record September-quarter customer receipts of A$3.9 million, while nine-month revenue reached A$11.5 million. The growth story is strengthening, but cash fell to A$997,000 and quarterly operating cash flow remained negative.

Pivotal Metals has put a A$920 million post-tax NPV on its Horden Lake copper project, while continued drilling and target generation broaden the company’s Quebec growth story. The attraction comes with familiar development-stage caveats: the study is preliminary, includes inferred material and leaves Pivotal with about 2.4 quarters of funding at the reported spending rate.

Terrain Minerals has started its largest-ever Smokebush drilling campaign after establishing a 54,000-ounce inferred gold resource at Lightning, while newly identified tungsten adds a second critical-minerals angle. The exploration momentum comes with a clear funding constraint: quarter-end cash covered only 1.16 quarters of reported outgoings, before the company placed its remaining rights issue shortfall.

Cyprium Metals has secured an approximately A$20.7 million institutional placement and outlined a proposed debt extension that could take its staged Nifty funding package to A$83 million. The capital is aimed at advancing the open-pit feasibility study, infrastructure upgrades and a major SXEW expansion while first cathode production remains targeted for Q4 2026.

Cann Group’s September quarter delivered a sharp increase in revenue and exports as its Mildura GMP facility gained traction in Europe. But with just $49,000 in cash, $626,000 of undrawn debt capacity and an estimated 0.9 quarters of funding, the recovery still depends on collections and further financing.

Terragen has completed the induction of 10,600 cattle into its largest feedlot trial and secured Brazilian approval for its probiotic feed additive. But customer receipts fell to $255,000 for the September quarter, while cash declined to $5.73 million amid a CEO departure and chair transition.

Cauldron Energy has completed its 10,506-metre Yanrey drilling campaign, extending uranium mineralisation around Manyingee North and South while preparing an updated JORC resource estimate. The exploration progress comes with a tighter funding position, with $2.43 million in cash and less than two quarters of cover on the company’s stated calculation.

HeraMED has moved its Lee Health digital maternity program from a six-month pilot into a paid deployment covering an initial 200 mothers. The milestone brings commercial revenue, but the company still faces a short cash runway as it works to scale the US rollout.

Arrow Minerals is rapidly expanding its Pilbara footprint, with 13 new exploration applications covering about 979 square kilometres and a post-quarter-end deal for the Turee Creek project. The company also resumed work at its Niagara bauxite project in Guinea, but entered the next phase with $2.02 million in cash and an estimated 2.3 quarters of funding at its reported operating cash-use rate.

Carbonxt is forecasting at least A$22 million of FY27 revenue after securing larger customer orders, but the growth plan remains tied to a delayed Kentucky facility and shareholder approval of a proposed balance sheet restructure. Cash stood at just A$0.7 million after a A$1.0 million operating outflow in the September quarter.

Alma Metals has completed 14 holes totalling 5,002.8 metres at its Briggs Copper Project, with broad copper intersections emerging as the company works towards a pre-feasibility study. The stronger drilling update comes with a funding caveat: cash alone covered an estimated 0.5 quarters of future expenditure at 30 September.