Latest Engineering And Construction News

Monadelphous Group Limited reported a robust 12% revenue increase to $2.27 billion and a 35% rise in net profit, driven by strong demand across resources and energy sectors and a record $2.5 billion in new contracts.

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.

Monadelphous Group Limited has announced a fully franked ordinary dividend of AUD 0.39 per share for the half-year ending June 2025, alongside a Dividend Reinvestment Plan offering shareholders a flexible way to reinvest.

Orezone Gold Corporation has successfully completed its initial public offering on the ASX, raising A$75 million to fund expansion at its Bomboré Mine. The company's CHESS Depository Interests started trading under the ticker 'ORE' on August 8, 2025.

WestStar Industrial’s subsidiary SIMPEC has landed a significant $11 million contract to expand Tianqi Lithium’s Kwinana hydroxide processing facility, reinforcing its role in Australia’s energy transition.

AGL Energy has greenlit a major $800 million investment in a 500 MW grid-scale battery in New South Wales, marking a significant step in its clean energy transition.

Lycopodium Limited has won a significant A$48 million EPCM contract from Perseus Mining to develop the Nyanzaga Gold Project in Tanzania, marking a third major collaboration between the two companies. The project aims for first gold production by early 2027.

Parkway Corporate Limited reported a strong quarter with $4.22 million in revenue and $0.47 million EBITDA, driven by a major wastewater contract and progress in its innovative Queensland Brine Solutions technology.

Monadelphous Group Limited has landed over $110 million in new contracts spanning construction and maintenance across major Australian resource and infrastructure projects.

Parkway Corporate Limited has secured over $13.5 million in water infrastructure contracts, including a major $12.85 million deal with a leading engineering firm, while advancing its innovative brine management technology and extending its loan facility to support expansion.

NRW Holdings’ subsidiary Primero Group has landed a $157 million contract from Rio Tinto to deliver critical infrastructure at Hope Downs in Western Australia, extending their longstanding partnership.

Duratec Limited has lowered its FY25 revenue and EBITDA guidance due to project delays and weather disruptions but remains optimistic about a robust pipeline and growth prospects in FY26.