Browsing Tag
Queensland
105 posts
Costco chooses Brisbane Airport for fourth Queensland warehouse in A$145m investment
Costco is investing over A$145m in a Brisbane Airport warehouse, testing whether its membership model can keep scaling through destination retail growth.
Comet Ridge (ASX: COI) takes 100% of Mahalo as Santos exit clears path to FID
Comet Ridge has completed the purchase of Santos’ 42.86% Mahalo stake, giving it full ownership and operatorship of a gas portfolio containing 361 PJ of 2P reserves, but also full responsibility for taking the development toward FID.
Australia prepares federal AI data centre energy rules despite Queensland resistance
Australia plans national rules requiring new data centres to bring additional electricity supply, despite Queensland and Northern Territory opposition.
Evolution Mining (ASX: EVN) profit jumps 63% but FY27 costs rise as record gold margins fund A$833m dividends
Evolution Mining profit jumped 63% to A$1.56bn and dividends reached A$833m, but higher FY27 costs and capital spending will test record gold margins.
Downer EDI (ASX: DOW) adds A$900m-plus utility work, but not every dollar is equally locked in
Downer has announced A$900m-plus of utility work, but options and panel allocations mean revenue certainty varies across the four major contracts.
Ballymore Resources (ASX: BMR) extends Torpy’s high-grade silver system as 20 drill assays remain pending
Ballymore Resources has confirmed broad, shallow silver-lead-zinc-indium mineralisation at Torpy’s, strengthening the discovery model while leaving scale, continuity and economics to be established.
Galilee Energy (ASX: GLL) sharpens US focus through Glenaras divestment
Galilee Energy’s exit from the Glenaras Gas Project marks a decisive shift away from a large but technically challenging Australian coal seam gas resource towards the faster-cycle Zydeco gas and condensate opportunity in Louisiana. The portfolio is becoming simpler, although the company’s investment case is also becoming significantly more concentrated.
Viva Energy (ASX: VEA) 1H26: EBITDA jumps to A$780m as Geelong refining margins surge
Viva Energy's 1H26 EBITDA leaps to A$770-780m as Geelong margins hit US$21.1/bbl, but management flags fading 2H26 hedging tailwinds and refinery risk.
Evolution Mining agrees A$213m Carnaby Resources deal to expand Ernest Henry copper growth
Evolution Mining has agreed to acquire Carnaby Resources through an all-share scheme, gaining the Greater Duchess copper-gold project and potential processing synergies with Ernest Henry. The strategic logic is compelling, but project integration and shareholder approval remain the decisive tests.
Naturgy starts construction on €300m Fraser Coast solar and battery project
Naturgy’s €300m Fraser Coast hybrid project tests whether 330MW of solar and a 180MW battery can deliver grid value and investor returns in Queensland.