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The latest announcement is out from Aquirian Limited ( (AU:AQN) ).
Aquirian’s Drillforce unit has secured a three-year deal to supply all drilling and energetics services for Brightstar Resources’ Lord Byron open pit mine near Laverton, worth about $48 million in projected revenue from September 2026. The contract will use Aquirian’s proprietary Collar Keeper technology, with most required assets already owned and the balance funded from cash and existing debt facilities.
The Lord Byron contract is the first site agreement under a broader five-year Strategic Framework Agreement with Brightstar covering its Goldfields Hub operations, with options for multiple extensions. The partnership deepens Aquirian’s presence in Western Australia’s gold sector, underscores its technology-led, vertically integrated model, and is expected to support Brightstar’s goals of improved productivity, cost efficiency, safety and whole-of-mine optimisation across future open pit developments.
More about Aquirian Limited
Aquirian Limited is an Australian mining services company listed on the ASX, providing drilling, blasting and energetics solutions to the resources sector. Through its wholly owned subsidiary Drillforce WA, the group focuses on technology-led drill and blast services, including patented automated systems and vertically integrated logistics across key Western Australian goldfields.
Average Trading Volume: 91,398
Technical Sentiment Signal: Buy
Current Market Cap: A$41.33M
Find detailed analytics on AQN stock on TipRanks’ Stock Analysis page.