Latest Construction News

Alpha HPA has finalized a $30 million royalty funding agreement with Queensland's QCMBTF, receiving $27 million to support Stage 2 of its HPA First Project and general corporate needs. Concurrently, the company progresses a $400 million senior debt financing with Australian government lenders.

Lion Energy Limited reports strategic progress on its East Seram drilling plans and limits spending on its Port of Brisbane Green Hydrogen Project pending government funding, while divesting a stake in the Seram Non-Bula PSC to reduce exposure.

BauMart Holdings reports progress in AI-driven international recruitment and sustainable building materials development, alongside a $180,000 capital raise to support growth initiatives.

Cobalt Blue Holdings advances its Kwinana Cobalt Refinery with a critical Works Approval and secures letters of intent covering 70% of initial production, while its Broken Hill Cobalt Project gains a three-year Major Project Status extension.

Kingsgate Consolidated Ltd reported a record September quarter at its Chatree Gold Mine, with gold production surging 18% to nearly 24,000 ounces and silver output exceeding 200,000 ounces. Strong metal prices and operational efficiencies lifted cash and bullion holdings to A$115 million.

Andromeda Metals has initiated early site works at its Great White Project, backed by $4.45 million in environmental compliance payments. These steps mark a significant move toward construction readiness and a final investment decision.

Andromeda Metals has made substantial strides in funding and technical development for its Great White and High Purity Alumina projects, including a $75 million debt facility nearing finalisation and a $13 million share placement.

Impact Minerals secures an 80% stake in the Lake Hope High Purity Alumina project following a robust Pre-Feasibility Study, while progressing pilot plant commissioning and a strategic joint venture in NSW.

Eden Innovations reports solid Q1 FY2026 sales growth with expanding EdenCrete® and OptiBlend® markets, alongside key US property sale developments aimed at debt reduction.

Toubani Resources has appointed Ausenco as the EPCM contractor for its Kobada Gold Project in Mali, marking a pivotal step toward project execution and a Final Investment Decision.

Anax Metals has made significant progress on its Whim Creek Copper-Zinc project, securing a waste rock processing agreement and continuing efforts to finalize project financing.

Felix Gold has revealed two new massive surface stibnite discoveries at its Treasure Creek project in Alaska, significantly expanding the known high-grade antimony mineralisation. These findings, alongside robust drilling results, reinforce the project's potential to address critical US supply shortages amid global market disruptions.