Latest Growth Projects News

Beach Energy reported a 9% rise in FY25 production to 19.7 million barrels of oil equivalent and a 13% increase in sales revenue to $2 billion, driven by strong basin performances and the Waitsia LNG project. However, a significant $674 million impairment charge due to lower commodity prices and reserves revision at Beharra Springs tempers the upbeat results.

AdNeo Limited reports sustained positive cash flow and strong contract wins, advancing its strategic acquisition of Learnt Global ahead of schedule while securing $5.5 million in new capital.

Capricorn Metals reported a strong June quarter with Karlawinda gold production meeting FY25 guidance and announced it is now debt free and unhedged. Development at Mt Gibson and Karlawinda Expansion projects progresses, supported by record cash flow.

Grange Resources reported a robust quarter with increased iron ore production and pellet sales at Savage River, maintaining excellent safety standards and managing costs below budget despite accelerated waste stripping. Progress on financing the North Pit Underground project and strategic moves on the Southdown Magnetite Project highlight growth ambitions.

Perseus Mining delivered a strong June 2025 quarter, hitting production targets and maintaining a robust cash position of US$827 million, while progressing major projects including the Nyanzaga Gold Project in Tanzania.

Raptis Group Limited reported a solid quarter ending June 2025, posting positive operating cash flow and bolstering its cash reserves to nearly $2 million. Significant investing outflows were offset by substantial financing inflows, positioning the company for future operational stability.

MAC Copper Limited delivered a standout June quarter with record daily copper output and sharply reduced costs, while advancing its strategic acquisition by Harmony Gold.

Lynas Rare Earths has achieved record quarterly production of key rare earth elements and reported a strong 38% increase in sales revenue, while advancing its Mt Weld expansion and signing strategic MOUs in Malaysia.

Karoon Energy announces CEO Dr Julian Fowles will depart by mid-2026 as the company relocates key corporate roles to Brazil and the USA, initiating a global search for a Houston-based successor.

Aurelia Metals has successfully met its FY25 production and cost guidance, while advancing key mining projects and maintaining a robust cash position of $110 million.

Aurelia Metals has successfully met its FY25 production and cost guidance, driven by a strong ramp-up at Federation Mine and the start of development at Great Cobar. The company’s solid quarterly performance underpins its growth ambitions for FY26.

Australian Strategic Materials has closed its Share Purchase Plan substantially oversubscribed, raising nearly four times its target to accelerate key growth projects including US expansion and ramping up its Korean Metals Plant.