Latest Construction News

Service Stream Limited has extended its contract with NBN Co to continue upgrading the ACT’s fibre network, securing $360 million in revenue over 3.5 years.

Argosy Minerals has reached a key agreement to develop a 40MW energy infrastructure for its Rincon Lithium Project in Argentina, paving the way for expanded lithium production and enhanced project viability.

Antilles Gold has taken a major step forward in developing its Nueva Sabana copper-gold mine by signing a non-binding Letter of Intent with Chinese firm Xinhai for a $26 million EPC contract and $16 million in project financing. The agreement also includes a strategic $4.1 million share placement, signaling deeper collaboration and governance involvement.

Cromwell Property Group has launched a major office development in Canberra’s Barton precinct with a long-term lease to a key Commonwealth Government department, alongside a strategic debt refinancing.

FireFly Metals has doubled its Share Purchase Plan to A$10 million following overwhelming demand, boosting its cash position to approximately A$145 million to accelerate drilling and mining studies at its Green Bay Copper-Gold Project.

Johns Lyng Group has entered a binding scheme implementation deed with Pacific Equity Partners for a $1.1 billion acquisition at $4.00 per share, representing a significant premium and a 10.3x EV/EBITDA multiple. The transaction awaits shareholder and regulatory approvals, with major shareholder backing and a clear timetable set for late 2025.

Vulcan Energy Resources has raised €30 million through a strategic placement led by BNP Paribas’ Clean Energy Solutions Fund to advance critical development stages of its Phase One Lionheart lithium project.

Robex Resources reports strong grade control drilling results from the Mansounia deposit, reinforcing confidence in the Kiniero Gold Project's planned Q4 2025 production. The company also secures US$25 million in funding to advance construction.

Renascor Resources has secured an option agreement for land near its Siviour graphite deposit, finalising a critical step in supporting its upstream mining and processing operations. This move advances the company’s Battery Anode Material project readiness with accommodation planned for construction and operational staff.

Imagion Biosystems has received encouraging feedback from the FDA on its planned Phase 2 HER2 breast cancer clinical trial, paving the way for its Investigational New Drug application submission later this year.

Victory Metals has significantly enhanced its North Stanmore resource with Gallium inclusion and secured major financing commitments exceeding US$200 million, positioning itself as a strategic supplier amid global rare earths tensions.

Caravel Minerals has initiated the engineering tendering process for its Caravel Copper Project, aiming to award contracts from August 2025. This follows a simplified plant design and a $15 million loan facility, positioning the project for streamlined development.