Latest Industrials News

NH3 Clean Energy has expanded the potential market for its WAH2 clean ammonia project and completed key environmental surveys, but now expects to make its final investment decision in 2027 rather than 2026. The company ended September with A$4.404 million in cash after raising A$4 million from predominantly institutional investors.

Cochlear has reaffirmed FY27 underlying net profit guidance of $330 million to $350 million after a disappointing FY26, while pointing to strong Nexa adoption and progress on fully implantable hearing technology. The company is cutting fixed costs and expanding medical referral pathways as it seeks to convert a large pool of untreated adult hearing loss into growth.

Metallium has signed a non-binding MOU with global commodity trader Traxys to explore feedstock, processing, offtake and financing opportunities for U.S. critical metals. The framework could improve the path to commercial scale, but it contains no binding volumes, prices, funding or sales commitments.

BlueScope Steel has raised its 1H FY2027 underlying EBIT guidance to approaching $1.1 billion, well above its previous $860 million to $960 million range. Stronger US steel spreads are driving the upgrade, with Australian demand also exceeding expectations.

Vanadium Resources has begun a preparation phase aimed at securing development finance and shortening the route to a definitive feasibility study and final investment decision for its proposed South African V-Iron plant. The plan is constructive, but funding remains unapproved and the project still faces significant technical, permitting, offtake and equity hurdles.

Everest Metals’ Mt Edon project has been selected as Australia’s representative site in a five-year German-funded exploration program and accepted into the European Union’s Raw Materials Mechanism. The recognition may improve access to technical expertise, strategic partners and potential financing, although no funding, offtake or development commitment was announced.

Argosy Minerals has completed FEL-3 preliminary engineering for the evaporation and crystallisation circuit at its 12,000tpa Rincon Lithium Project in Argentina. The work gives the company a more mature design basis for the project’s definitive feasibility study, but updated economics and financing remain outstanding.

International Graphite has moved its Collie graphite processing project closer to commissioning, with the production building about 30% complete and new finance and feedstock arrangements in place. Cash stood at approximately A$3.4 million at quarter-end, while the company continued developing its planned Italian joint venture.

N1 Holdings reported a sharp rise in first-quarter revenue and customer cash receipts, while expanding its accessible lending capacity to approximately $402 million. The growth came alongside a $5.39 million operating cash outflow and heightened scrutiny of Australia’s private credit sector.

Objective Corporation delivered 9% revenue growth and a 5% lift in net profit for FY2026, but the loss of a long-running Defence agreement and a separate NHVR contract will pressure recurring revenue in the year ahead. Management expects adjusted EBITDA of at least $40 million in FY2027 as it keeps investing in AI, sales capacity and potential acquisitions.

IPD Group closed FY26 with record revenue and earnings, a higher fully franked dividend and leverage of about 0.3 times underlying EBITDA. The electrical infrastructure provider enters FY27 with its data centre pipeline and Platinum Cables integration carrying much of the growth narrative.

Bhagwan Marine reported $81.3 million in Q1 FY27 revenue, up 32% on the prior corresponding period, as subsea services and Riverside Industrial Sands led a stronger start to the year. Recurring revenue also increased to 64%, while new subsea awards and a Riverside Guardian contract added to the growth pipeline.