Latest Winding Up News

MLG Oz Limited reported a robust FY2025 with significant revenue and profit growth, driven by new contracts and operational improvements. Despite strong results, the company opts to retain capital, foregoing dividends to fuel future expansion.

Macmahon Holdings has posted record FY25 results, buoyed by Decmil integration and strong mining contract wins, while raising its FY26 revenue and earnings guidance.

Monadelphous Group Limited reported a robust FY25 with $2.27 billion revenue and $158 million net profit, underpinned by strong contract wins and growth in energy and resources sectors.

Mercury NZ Limited reported a 10% decline in earnings for FY2025 amid challenging generation conditions but is pressing ahead with significant renewable energy investments and raised dividends.

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.

Meridian Energy's July report reveals a notable decline in hydro storage levels alongside a surge in retail electricity sales, highlighting a complex energy landscape in New Zealand.

Carnegie Clean Energy launches a $3 million Share Purchase Plan to fuel commercialisation of its wave and MoorPower technologies, capitalising on growing global momentum in ocean energy.

Origin Energy reported a solid FY25 with strong Energy Markets performance, robust LNG trading gains, and rapid customer growth at Octopus Energy, while declaring a fully franked 60 cent dividend for the year.

Origin Energy reported a rise in statutory and underlying profits for FY25, driven by strong LNG trading gains that balanced softer Energy Markets earnings. The company also increased its fully franked dividend and outlined a positive outlook for FY26.

Origin Energy reported a 6% rise in full-year profit to $1.48 billion, driven by LNG trading gains and operational resilience, while advancing key renewable projects and battery storage developments.

Critica Limited has confirmed that its Jupiter Project in Western Australia hosts the country’s largest and highest-grade magnet rare earth clay-hosted resource, with 640 million tonnes at 490 ppm MREO. This milestone underscores Jupiter’s strategic potential in supplying critical rare earths essential for clean energy technologies.

Cyclone Metals Limited has completed a comprehensive Scoping Study for its Iron Bear magnetite project in Canada, revealing strong economic potential and a strategic funding partnership with Vale S.A. The study outlines multiple production scenarios and highlights the project's alignment with low-carbon steelmaking trends.