Latest Fortescue News

Tasman Resources progresses exploration at Lake Torrens and Parkinson Dam projects while managing capital through a recent entitlement offer and loan repayments.

Strategic Energy Resources has progressed key copper-gold projects in Queensland, securing government funding and advancing surveys with Fortescue, while divesting a non-core asset to sharpen its focus.

Carawine Resources advances exploration planning at Paterson and other projects while facing a pivotal court decision on shareholder compulsory acquisition and securing a $1.7 million loan to sustain operations.

MLG Oz Limited has landed a significant 30-month crushing and screening contract with New Murchison Gold, boosting its foothold in Western Australia's gold mining sector.

Fortescue Metals Group delivered record iron ore shipments in FY25 alongside a rare cost decline, while recalibrating its green energy ambitions and maintaining a strong financial position.

Civmec Limited has announced a series of new contracts and extensions valued at more than A$600 million, including the integration of the SEA1180 maritime defence program following its acquisition of Luerssen Australia. The company is also advancing major infrastructure and green energy projects, signaling robust growth and diversification.

MLG Oz Limited has locked in a new two-year contract with Fortescue subsidiaries to provide crushing and screening services at multiple Western Australian mine sites, reinforcing its foothold in the mining services sector.

Sparc Technologies progresses its pioneering green hydrogen pilot plant and graphene-based coatings, backed by a significant government grant and a successful capital raise.

HyTerra Limited is advancing its Nemaha Project with the imminent spudding of the McCoy 1 well, moving towards data-driven exploration backed by strategic funding from Fortescue Future Industries Technologies.

Sparc Hydrogen, in partnership with the University of Adelaide, has won a $2.75 million Australian Government grant to advance its pioneering green hydrogen pilot plant. This funding underscores the commercial promise of its novel photocatalytic water splitting technology.

HyTerra Limited has reported unexpectedly high helium concentrations of up to 4.4% in its Blythe 13-20 well in Kansas, marking a significant extension of the helium play in Eastern Kansas. The company plans to convert the well into an appraisal site to further evaluate this promising discovery.

HyTerra Limited expands its Nemaha Project drilling program by adding a third well, McCoy 1, marking a shift to data-driven site selection. Early gas logs from Blythe 13-20 suggest promising hydrogen and helium presence, pending lab confirmation.