Latest Joint Venture News

Austin Engineering Limited reported a robust 22.2% increase in revenue for FY25, alongside a mixed earnings performance and fully franked dividends.

Miramar Resources has partnered with Sumitomo Metal Mining Oceania in a multi-million-dollar joint venture to explore for large-scale nickel-copper-platinum group element deposits at the Bangemall Projects in Western Australia.

Cedar Woods Properties Limited delivered a robust FY25 with a 19% increase in net profit, underpinned by a diversified project portfolio and favourable market conditions. The company signals continued growth with a 10% NPAT guidance for FY26, supported by strong presales and strategic partnerships.

Cedar Woods Properties Limited reported a robust financial year ending June 2025, with significant increases in revenue, profit, and dividends, underscoring its strong market position.

Metals X Limited reported a robust half-year to June 2025 with profit after tax soaring 256% to $52.9 million, driven by higher tin sales and prices from its Renison joint venture. The company also progressed key projects and deepened strategic investments while reinforcing its ESG and safety frameworks.

Abacus Group delivered a strong FY25 result with a significant profit increase and steady distributions, underpinned by resilient office and retail portfolios and a strategic focus on capital partnering.

FAR Limited reported a sharp turnaround to a $1.8 million loss in H1 2025, driven by a $6 million claim from Woodside Energy over its Senegal RSSD Project sale. The company continues negotiations amid volatile oil prices impacting its receivables.

Odyssey Gold Limited has reported preliminary metallurgical test results from its Tuckanarra Gold Project, revealing strong gold recoveries across oxide and fresh sulphide ores. These findings support the potential for ore processing at Monument Murchison’s Burnakura plant under their joint venture.

GDI Property Group reports robust leasing activity with over 32,000sqm leased in FY25, fueling a 20% increase in Funds From Operations. Strategic asset sales and refinancing position the company well for continued growth in a tightening Perth office market.

GDI Property Group has reported a strong turnaround in FY25, posting a $35.6 million net profit and a 20% increase in Funds From Operations, while maintaining its distribution at 5 cents per security.

Livium Ltd reports a significant A$6.6 million uplift in net assets driven by a reduction in fire claim provisions, recognition of a deferred tax asset, and equity accounting of its LieNA® joint venture with Mineral Resources.

Rubicon Water’s FY25 results reveal strong global revenue growth led by the US and EMEA, alongside a narrowing EBITDA loss despite operational headwinds and strategic restructuring in China.