Latest Expansion News

Woodside has signed a 20-year agreement to supply QatarEnergy with up to 3 million tonnes of LNG a year from its Louisiana LNG project. The deal adds a major customer alongside Uniper, although pricing and contract value remain undisclosed.

Hydrix reported September-quarter revenue growth of 11.6% year on year and secured further medical and Defence milestones. But with $1.5 million in cash and reported funding covering only 1.30 quarters, the company still needs contract wins to convert into receipts and revenue.

Western Gold Resources has lifted Gold Duke’s Production Target by 62% to 59.7koz of contained gold, strengthening the project’s development case. But the company still needs a processing solution and reports only about 1.56 quarters of funding on current outgoings.

Beonic has launched its in-house Vision platform across four countries while delivering a profitable first quarter, with EBITDA of A$853,000 and an 83.0% gross margin. The stronger operating result came alongside weaker total revenue, negative operating cash flow and only 1.7 quarters of estimated funding.

Cobre has reported record quarterly revenue and positive EBITDA at Sierra Atacama, while taking control of the Chilean copper project and mapping a potential path to 50,000 tonnes per annum. The next test is whether higher recovery and additional feed can convert operational momentum into cash flow.

Pursuit Minerals has expanded its Argentine exploration push after recording an 809mg/L lithium brine result at depth, securing new environmental approvals and refining gold-silver targets. But with A$0.76 million in cash and just 0.3 quarters of reported funding, the next phase depends on additional capital and further assay results.

Carma delivered record Q1 FY2027 revenue of $44.3 million and gross profit of $3.5 million after retail vehicle sales more than doubled year on year. The stronger trading result came with lower total gross profit per unit and $10.2 million of operating cash outflow.

RMA Global delivered positive underlying EBITDA of A$0.12 million in the first quarter of FY27, despite weaker customer receipts and revenue. More than A$1.50 million in annualised costs has been removed, but cash of A$1.66 million leaves limited room for execution missteps.

Global Lithium’s September quarter combined a recommended A$333 million cash takeover with a sharply improved development case for its Manna lithium project. The proposed Titan deal remains conditional, while the new study’s strong returns depend on lithium prices, exchange rates and execution.

Northstone Resources has completed its Barje infill program in Serbia with results that challenge the historical interpretation of the deposit, including a 36-metre intersection at 5.85 g/t AuEq. The company is now balancing an expanded exploration campaign and development work against $3.7 million of cash and a reported 1.61 quarters of funding at the latest spending rate.

Olympio Metals has extended the Bousquet gold system to 1.3 kilometres while its maiden Jacknife silver drilling campaign gathers pace in Idaho. The exploration progress comes with a sharper funding question: A$1.178 million in cash covered just 0.98 quarters of reported outgoings at 30 September.

Skylark Minerals has more than tripled the Inferred Resource at its Zaranou Gold Project to 1.20 million ounces and agreed to lift its ownership to 90% for US$1.2 million. The stronger project position arrives alongside A$2.3 million in cash and a disclosed 0.9-quarter funding runway, with a proposed capital raising now central to the next drilling campaign.