Latest Contracts News

GR Engineering Services Limited reported a solid FY25 with revenue and earnings growth, increased dividends, and a confident outlook for FY26 driven by a robust project pipeline and strategic opportunities.

Horizon Minerals reports strong progress at its Phillips Find and Boorara gold projects, with significant ore stockpiles and new processing agreements set to boost cash flow despite short-term delays.

Challenger Gold has secured a 24-month mining contract with MAPAL for its Hualilán Toll Milling phase, with mobilisation complete and production drilling underway. The project is on track to commence mining by December 1, aiming to generate early cash flow amid strong gold prices.

Accent Group reported a modest 1.6% rise in FY25 owned sales to $1.46 billion and a net profit after tax of $57.7 million, while outlining ambitious FY26 plans including the launch of Sports Direct stores in Australia and New Zealand.

xReality Group Limited reported a robust 36% revenue increase in FY25, driven by rapid expansion of its Operator XR platform and strategic balance sheet improvements. The company’s optimistic outlook for FY26 is underpinned by new contracts, AI investments, and international distributor expansion.

Metal Powder Works reports a surge in demand for its commercially pure titanium powder, adding five new customers this quarter and securing a significant defense-linked order that could generate millions in recurring revenue.

Coventry Group reports a challenging FY25 with revenue slipping 1.7% and EBITDA plunging 40.9%, but early FY26 results show promising recovery driven by cost cuts and ERP system stabilisation.

OMG Group has secured its maiden purchase order for premium SANDAI matcha in Australia, marking a promising start to a new high-margin revenue channel ahead of FY26.

Elixir Energy has secured a specialized rig imported by Shell to drill the pivotal Lorelle-3 appraisal well in Queensland’s Taroom Trough, with operations set to begin in January 2026. This move aims to validate Elixir’s substantial gas resources adjacent to Shell’s acreage.

Lindian Resources has begun construction of the Tipume accommodation village at its Kangankunde Rare Earths Project in Malawi, marking a critical step towards operational readiness. The modern camp is designed to support up to 90 personnel and is expected to be completed by early 2026.

EROAD Limited reported a 3.3% revenue increase and strong free cash flow in H1 FY26, driven by ANZ market expansion despite a significant North American impairment. The company is focusing on the promising electronic Road User Charges opportunity in Australasia.

Mastermyne’s FY2025 AGM reveals resilience amid sector headwinds, operational disruptions, and legal proceedings, while positioning for growth with new leadership and contracts.