Drillforce Secures 3YR Supply Agreement with Brightstar
| Stock | Brightstar Resources Ltd (BTR.ASX) |
|---|---|
| Release Time | 16 Apr 2026, 8:17 a.m. |
| Price Sensitive | Yes |
Aquirian Secures 3-Year Supply Deal with Brightstar
- Drillforce, Aquirian's 100% owned subsidiary, awarded 3-year agreement to supply drilling and energetics services to Brightstar
- Agreement valued at ~$48 million in projected revenue
- Leverages Aquirian's patented automated Collar Keeper® systems and vertically integrated service offering
Aquirian Limited (ASX: AQN) has announced that its 100% owned subsidiary, Drillforce WA Pty Ltd, has been awarded a 3-year agreement to supply all drilling and energetics services to ASX-listed Brightstar Resources Limited (ASX: BTR) for its Lord Byron open pit mine in Laverton, Western Australia. The agreement, valued at approximately $48 million in projected revenue, is provided under an overarching 5-year Strategic Framework Agreement (SFA) between Aquirian and Brightstar for the latter's broader Goldfields Hub operations. The agreement covers drilling and blasting services using Aquirian's patented automated Collar Keeper® systems, as well as energetics supply and logistics, and related additional services. Aquirian will fund around 75% of the required $6 million in assets, including two T45 drill rigs and site reload facility equipment, with the balance to be funded through cash and existing debt facilities. Aquirian's Managing Director, Greg Patching, highlighted the company's collaborative partnership with Brightstar, which will deliver a unique technology package and vertically integrated service offering. Brightstar's Managing Director, Alex Rovira, commented that Aquirian's service offering aligns strongly with Brightstar's focus on whole-of-mine optimization, supporting improved productivity, cost efficiency, and consistent ore delivery.
The agreement with Brightstar represents Aquirian's second long-term technology-led agreement, following the one with Mt Ida Gold Pty Ltd in 2025. The company's vertically integrated service model and emphasis on precision, data-driven execution, and safety performance are expected to support improved blast performance, optimized material movement, and disciplined cost control, contributing to sustainable production and margin performance for Brightstar's operations.