Latest Joint Venture News

Amplitude Energy Limited reported a 22% revenue increase to A$268.1 million for FY25, narrowing its net loss significantly while progressing its East Coast Supply Project with a new joint venture partner.

Challenger Limited reported a robust 48% increase in net profit after tax for FY2025, alongside a 4.6% rise in revenue and an 11.3% dividend hike, reflecting improved operational performance and financial resilience.

Peak Rare Earths Limited has entered a scheme of arrangement with Shenghe Resources (Singapore) Pte. Ltd., valuing the company at approximately A$158 million. The scheme offers Peak shareholders a cash consideration of no less than A$0.359 per share, representing a 199% premium to the last closing price.

Mount Hope Mining (MHM) has initiated its maiden drilling campaign targeting gold and base metals in the prolific southern Cobar Basin, aiming to define a JORC resource and accelerate development.

Triangle Energy and Athena Exploration have significantly upgraded gas resource estimates for the UK P2628 permit, positioning themselves among the top undeveloped gas holders in the region.

Lendlease Group has returned to profitability in FY25 with a statutory profit of $225 million and a 44% increase in distributions, underpinned by significant capital recycling and cost savings. The group is poised for growth with a robust development pipeline and a strong construction backlog.

AML3D Limited reported a modest increase in revenue for FY2025 but saw its losses widen significantly, raising questions about its path to profitability.

Charter Hall Retail REIT reported a striking $213.8 million statutory profit for FY25, driven by strong property revaluations and strategic acquisitions, while maintaining stable distributions. The REIT also launched a $1.75 billion equity raise for its new convenience retail fund, signaling growth ambitions amid rising finance costs.

Fiducian Group Limited has reported a solid 23.5% rise in net profit for the 2025 financial year, alongside a 10.6% increase in revenue and a higher fully franked final dividend of 24.7 cents per share.

Red Hill Minerals has expanded the strike potential of its Anabama copper-gold target in South Australia to over six kilometres following new induced polarisation survey results, setting the stage for a significant drilling campaign by year-end.

BlueScope Steel’s FY2025 results reveal a significant earnings decline driven by lower steel spreads and a major impairment in its North American coated products business, while maintaining a strong balance sheet and extending its buy-back program.

Contact Energy's July 2025 report reveals stable electricity sales with improved netback prices and significantly reduced generation costs, alongside ongoing investments in renewable projects.