Perenti has reported record 2025–26 EBITA of $340 million, a 2 per cent increase year-on-year and its fifth consecutive annual earnings rise, as the mining services group strengthens its balance sheet for further growth. Chief executive Vanessa Torres framed the result around disciplined capital allocation and a growing contract portfolio across surface and underground projects in Australia and Africa. For contractors and mine owners, the numbers signal continued demand for outsourced drilling, development and production services, with Perenti positioned to bid for larger, longer-tenure contracts.

PLS Group has lifted Pilgangoora’s annual spodumene concentrate output to a record 879,543 tonnes in FY26 while cutting unit operating costs by 9 per cent, driven by the Ngungaju plant restart and process improvements. The company is guiding 1.03–1.10 million tonnes for FY27 from the combined Pilgan and Ngungaju circuits, signalling sustained high utilisation of crushing, dense media separation and flotation capacity at the Western Australian operation. For mine planners and process engineers, the step-up implies continued pit expansion, higher ore haulage volumes and tighter control of recoveries to maintain cost discipline.

Tungsten Mining has engaged specialist adviser Cutfield Freeman & Co to structure funding for its Watershed Tungsten Project in Far North Queensland, aiming for a final investment decision next month. The project is targeting first production in the first half of 2027, with approvals and key study work already in place, positioning it to move rapidly into construction once financing is secured. For mine planners and contractors, the timeline signals potential tendering for open-pit development, processing plant delivery and associated infrastructure within the next 12–18 months.