Australia News

Renewable Energy

Gamuda secures RM3 billion Australian solar hybrid project contracts

Malaysian infrastructure firm Gamuda has won contracts exceeding RM3 billion to construct two major solar-and-battery hybrid power stations in Australia, expanding its renewable energy footprint in the Asia-Pacific region.

2 weeks ago • Australia

Metals & Mining

Brazilian Rare Earths to demerge Amargosa bauxite-gallium project into new ASX-listed Alurion Resources

Brazilian Rare Earths has announced its intention to demerge its 100%-owned Amargosa Bauxite–Gallium Project into a newly formed ASX-listed company, Alurion Resources, allowing BRE to focus on rare earths while Alurion advances bauxite development with a 568 Mt JORC resource and a scoping study showing US$630m NPV8.

2 weeks ago • Australia

Metals & Mining

Core Lithium awards $274m underground mining contract to Develop Global for BP33 deposit in Northern Territory

Core Lithium has awarded a three-year contract worth approximately $274 million to Develop Global’s subsidiary Dev Mining Services for underground mining at the BP33 deposit, part of the Finniss Lithium Operation, with an option for a two-year extension. BP33 will provide 88% of ore feed in the first ten years.

2 weeks ago • Australia

Navy

RTX to supply SeaRAM defense systems for Australia's new frigate fleet via MHI contract

Raytheon has secured a contract from Mitsubishi Heavy Industries to provide SeaRAM self-defense technology for the Australian Sea3000 General Purpose Frigate program. The agreement covers the first three vessels of an 11-ship modernization plan, with deliveries starting in 2028, highlighting increased maritime defense collaboration between Japan and the United States.

2 weeks ago • Australia

AI & Automation

NVIDIA and IREN partner to deploy 5 GW of DSX-aligned AI infrastructure

NVIDIA and IREN Limited have entered a strategic partnership to develop up to 5 gigawatts of AI-optimized data center capacity. The agreement includes a $2.1 billion investment option for NVIDIA and centers on building massive 'AI factories' using the NVIDIA DSX architecture, primarily at IREN’s 2-gigawatt Texas campus.

3 weeks ago • Australia;United States

Navy

CAE awarded five-year naval training sustainment contract with Australia

CAE has been awarded a five-year Training Systems Technical Support contract with the Commonwealth of Australia to sustain Royal Australian Navy warfare training systems. The agreement, effective 1 July 2026, covers bridge simulators and combat centres across Sydney and Perth, supporting multi-domain training operations.

4 weeks ago • Australia

Renewable Energy

GenusPlus Group secures $110 million turn-key contract for South Australia’s KLG battery storage facility

GenusPlus Group has been awarded a $110 million contract to deliver the 200MW/800MWh KLG battery energy storage project in South Australia for Equis Development. The turn-key agreement covers engineering, procurement, and construction, with the facility expected to enhance grid reliability and support the region’s renewable energy transition by late 2027.

1 month ago • Australia

Renewable Energy

Fortescue commits $680 million to expand Pilbara green energy capacity

Fortescue has approved a US$680 million investment to develop the 200 MW Pilbara Green Energy Project, adding renewable generation beyond its Real Zero by 2030 requirements. The off-grid system with battery storage targets completion by 2028, with a pathway to multi-gigawatt expansion, serving data centre demand.

1 month ago • Australia

Water & Sanitation

Western Australia commits $2.7 billion to water security in 2026-27 budget

The Cook Labor Government has announced a $2.7 billion investment in water infrastructure for the 2026-27 financial year, part of a four-year $6.4 billion capital works programme. Funding covers the Dampier Seawater Desalination Plant ($606 million), a new Regional Water Source Fund ($52.9 million), and maintenance programmes, supporting water security across metropolitan Perth and regional WA.

1 month ago • Australia

Power & Utilities

Hitachi Energy secures Powerlink contract to stabilize Queensland electrical grid with synchronous condensers

Hitachi Energy has been commissioned by Powerlink to deploy four synchronous condensers in Central Queensland. The project is a critical component of the Queensland Energy Roadmap, designed to provide 1,442 megawatts of inertia and voltage stability as the regional grid transitions toward a more complex generation mix.

1 month ago • Australia

Public Procurement

Edgeti WA secures a$1.15m Defense Maritime Contract for digital fleet solutions

Edge Total Intelligence’s Western Australia unit has won a contract valued at approximately A$1.15 million to deliver digital fleet lifecycle capabilities for Navy and Border Force programs, including acquisition data management and onboard production validation.

1 month ago • Australia

Investments & Funding

Microsoft commits A$25bn to Australia AI Infrastructure in largest local Investment

Microsoft will invest A$25 billion (US$18 billion) in Australian digital infrastructure by end-2029, expanding Azure AI supercomputing, strengthening cyber defense partnerships, and skilling three million Australians in AI, according to a joint announcement with Prime Minister Anthony Albanese.

1 month ago • Australia;United States

Mergers & Acquisitions

AtkinsRéalis to acquire WGA to bolster Australian infrastructure and energy market share

AtkinsRéalis Group Inc. has entered a definitive agreement to acquire Wallbridge Gilbert Aztec (WGA), an engineering consultancy with 800 employees. The move aims to scale the Canadian firm's presence in Australia and New Zealand, targeting high-growth sectors such as defense, renewable energy, and water infrastructure.

1 month ago • Australia

Navy

Mitsubishi Heavy Industries secures contract for three upgraded Mogami-class frigates for Australia

Mitsubishi Heavy Industries has concluded a contract with the Australian government to build three upgraded Mogami-class frigates under Australia's General Purpose Frigate program. Construction will begin at MHI's Nagasaki Shipyard & Machinery Works, with the first frigate to be handed over by December 2029.

1 month ago • Australia