Latest Engineering News

Southern Cross Electrical Engineering’s subsidiary Heyday has lost a $22 million arbitration claim related to the WestConnex M5 tunnel project, forcing a major write-off and a steep cut to FY26 earnings guidance.

Linius Technologies, soon to be Ion Video Limited, appoints Sophie Karzis as company secretary and Canaccord Genuity as corporate advisor, signaling a strategic push in governance and capital markets engagement.

Victory Metals reports breakthrough kinetic leach results at North Stanmore, extracting ~80% of rare earths in 30 minutes versus the previous 4-hour benchmark, promising lower costs and stronger project economics.

Minerals 260 Limited has doubled the Mineral Resource Estimate for its Bullabulling Gold Project to 4.5 million ounces, positioning it among Australia’s top gold assets. The update follows extensive 2025 drilling and sets the stage for a Pre-Feasibility Study targeting production by late 2028.

Nelson Resources secures regulatory approval for a major 11,544m drilling program at its Yarri Gold Project, with MEGA Resources backing the $10 million funding and operational management.

Big River Industries is set to acquire John’s Building Supplies for up to $17 million, backed by a fully underwritten $10 million entitlement offer to fund the deal. This move strengthens Big River’s presence in Western Australia’s growing building materials market.

EML Payments has appointed Stuart Will as its new Chief Financial Officer, marking a key leadership transition as the company advances its growth strategy. The change follows significant financial restructuring under outgoing CFO James Georgeson.

Green Technology Metals has appointed Altris Engineering to complete the Definitive Feasibility Study for its Seymour Lithium Project in Ontario, advancing towards a mid-2026 Final Investment Decision amid a disciplined cash strategy.

APA Group has entered a joint development agreement with CS Energy to build and own a 400MW gas peaking power plant in Queensland, aiming to bolster energy security and support renewable integration by 2028.

Genmin Limited has received a pivotal Letter of Intent from Sino-Hunan International Engineering and Development Co., Ltd to finance and co-develop its flagship Baniaka Iron Ore Project in Gabon, marking a significant step towards production.

IMDEX has announced the acquisition of Advanced Logic Technology (ALT) and Mount Sopris Instruments (MSI), broadening its portfolio in downhole sensing and geoscience software with expected earnings accretion in FY26.

Black Cat Syndicate has completed the final $25 million payment for its Lakewood processing facility acquisition, fully funded by operating cashflow, marking a key milestone in its Kal East gold operation.