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Why Earth’s Energy Is Halting Geothermal Spending and Hunting New Projects
8:26am on Wednesday 22nd of October, 2025 AEDT
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Energy
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Why Earth’s Energy Is Halting Geothermal Spending and Hunting New Projects
8:26am on Wednesday 22nd of October, 2025 AEDT
Key Points
Independent review advises against further geothermal exploration expenditure
Expenditure limited to maintaining licences in good standing
Company holds 84% interest in key geothermal projects in South Australia and Queensland
Cash balance stands at $2.9 million with $137,000 spent on exploration this quarter
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