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Aquirian Limited (ASX:AQN)

ALERT: Price-sensitive ASX Announcement for AQN
Current share price for AQN : $0.370 -0.105 (-22.11%)+
Announcement
Release
4 May 2026 8:15AM
Price at Release
$0.475
Full Release
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Summary
Aquirian Limited, an Australian technology-led mining services company, announced significant advancements in its technology and products portfolio. The update highlights expanded international distribution of its Collar Keeper® products, the increased availability of the Manual Collar Keeper® System on Original Equipment Manufacturers rigs, and continued development of the Biodegradable Collar Keeper®. Aquirian completed three commercial deliveries to Africa and is finalizing distribution agreements in South America. The Automated Collar Keeper® System was fitted to a Drillforce T45 rig for the Brightstar project, marking an important milestone. This system, along with its biodegradable variant, supports the company's strategy to enhance safety, efficiency, and cost-effectiveness in mining operations.
Key Points
  • International distribution of Collar Keeper® products expanded.
  • Increased availability of Manual Collar Keeper® System on OEM rigs.
  • Continued development of Biodegradable Collar Keeper®.
  • Completion of commercial deliveries to Zambia and Democratic Republic of Congo.
  • Negotiations for distribution channels in Chile and Peru nearing completion.
  • Biodegradable variant enhances Bootless Bench® strategy.
  • Automated Collar Keeper® System installed on Drillforce T45 rig for Brightstar project.
  • Drillforce holds Australian exclusivity for Collar Keeper® System.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.