Latest Development Projects News

Centuria Industrial REIT (ASX – CIP) has announced a $300 million exchangeable notes offering due 2030, alongside a concurrent repurchase of existing notes, aiming to lower debt costs and extend maturity. The move underscores CIP’s strategic capital management amid a complex market environment.

Karoon Energy reported a 4% production increase in H1 2025 but saw underlying net profit after tax plunge 61%, driven by lower sales volumes and pricing. The company upgraded Baúna Project reserves by 35% and extended field life by seven years, while preparing for a CEO transition.

Metrics Real Estate Multi-Strategy Fund has released its inaugural annual report, revealing a strong start with $41.9 million profit before tax and distributions of 8.21 cents per unit following a $302.8 million IPO. The Fund’s diversified commercial real estate portfolio spans senior loans, mezzanine debt, and equity investments across Australia and New Zealand.

AnteoTech Ltd reported a 110% revenue increase to A$968,878 in FY2025 alongside a 24% reduction in net loss, driven by strategic cost savings and key partnerships. Leadership renewal and product validation position the company for growth in battery and life sciences markets.

Fortescue Metals Group reported a robust FY25 with record iron ore shipments and strong profits, while advancing its green metal and decarbonisation initiatives. The company also provided solid FY26 guidance amid ongoing exploration and capital discipline.

Cedar Woods Properties Limited reported a robust financial year ending June 2025, with significant increases in revenue, profit, and dividends, underscoring its strong market position.

Desane Group Holdings Limited reported a strong FY25 with net profit after tax doubling to $3.3 million, supported by a $6.2 million uplift in property valuations and key lease extensions securing future rental income.

Meteoric Resources confirms its Caldeira Rare Earth Project in Brazil remains on track after a disputed environmental council vote was declared invalid. Strong local government support and regulatory assurances underpin confidence in project timelines.

Pilbara Minerals reported a 4% increase in lithium production for FY25 despite a 39% revenue drop amid falling prices, maintaining a robust balance sheet and outlining optimistic FY26 growth plans.

5E Advanced Materials has priced an $8.31 million public offering to fund its boron facility operations and development projects, reinforcing its position in specialty materials for clean energy and security.

Cue Energy Resources reported a 10% revenue increase to $54.8 million in FY2025, declaring a final dividend and advancing key development projects that underpin future growth.

Cue Energy Resources reported a 10.4% increase in revenue to $54.8 million for FY2025, driven by stable production and higher gas prices, but net profit after tax halved to $6.32 million due to rising costs. The company declared a final dividend of 0.5 cents per share.