Latest Industrial Production News

Baumart Holdings has completed a modest capital raise through a rights issue, securing $182,303 before costs, with plans to issue additional shortfall shares to bolster its funding position.

First Graphene has secured a multi-year exclusive deal to supply graphene-enhanced masterbatch for safety boots aimed at Southeast Asia’s mining sector, marking a significant step in commercialising advanced materials in industrial apparel.

Oldfields Holdings Limited reports solid progress in Q3 FY2025, driven by strategic transformation, debt reduction, and a robust sales pipeline supporting a positive outlook for the second half of the year.

Pact Group Holdings reports a modest 2.7% revenue increase for Q3 FY25, driven by higher volumes and cost savings, while preparing to refinance debt and review its Asian packaging business.

Vulcan Steel’s 1H FY25 results reveal a steep decline in profitability amid tough economic conditions, yet the company signals cautious optimism for a market rebound in 2025.

Vulcan Steel Limited reported a challenging first half of FY25 with significant declines in revenue, EBITDA, and net profit, yet maintained a solid 10% return on capital employed and declared a cautious interim dividend.

Cyclone Metals has forged a strategic partnership with Vale S.A. to fund and develop its Iron Bear iron ore project in Canada, marking a major step towards mining decision. The company also completed pilot production of high-grade direct reduction pellets, underscoring the project's technical promise.

BauMart Holdings reports meaningful progress in expanding its distribution networks and strategic collaborations during the December 2024 quarter, positioning itself for growth across Indonesia, Australia, and the mining sector.

Korvest Ltd’s first half of FY25 saw profitability pressures from operational setbacks and inflation, but a record order book and new major projects set the stage for a promising second half.

Korvest Ltd reported a 1.1% decline in revenue and a sharp 28.5% drop in net profit for the half-year ending December 2024, impacted by operational disruptions and competitive pressures. Despite these challenges, the company anticipates a robust rebound in project activity in the second half of FY25.