Latest Australian Government News

Frontier Energy (ASX: FHE) has locked in credit-approved debt facilities worth up to A$280 million and completed a $110 million equity raise, clearing the way for construction of its Waroona Renewable Energy Project in Western Australia.

NH3 Clean Energy has secured Federal Major Project Status for its WAH2 clean ammonia project, backed by a Linde Engineering FEED agreement and a robust public benefits forecast supporting government-backed financing.

PLC Resources has completed its first RC drilling at Rochefort, revealing anomalous gold and identifying a new structural corridor at Abbotts North. The company also raised $1.8 million to fund exploration at its Yalgoo and Abbotts North projects.

Cauldron Energy’s latest passive seismic survey reveals the Manyingee palaeochannel extends further northwest into its tenements, spotlighting new uranium mineralisation potential at Yanrey.

Aurora Labs marked its commercial debut by delivering AU4 micro gas turbine propulsion systems to Sovereign Propulsion Systems, while securing a $1 million government grant to scale production and formalising a strategic defence partnership with MBDA.

Astron Limited is progressing a $220 million senior debt facility for its Donald Rare Earth and Mineral Sands Project, targeting a Final Investment Decision in Q3 2026. The company’s joint venture partner Energy Fuels Inc. is expanding its rare earth supply chain with a $1.9 billion acquisition, while a revised Phase 2 study boosts the project’s combined NPV to $2.3 billion.

Avecho Biotechnology has secured a unanimous recommendation to continue its Phase III insomnia trial without increasing sample size, alongside raising $1.9 million through option exercises and bolstering its cash position to $6.6 million.

Antipa Minerals has upgraded its Minyari Project resource to 3.6 million ounces gold equivalent with a strong increase in indicated resources, while launching a major 41,000m drilling campaign and advancing its Pre-Feasibility Study with encouraging metallurgical and geotechnical results.

InVert Graphite has acquired RapidGraphite and its RapidPulse™ technology, aiming to revolutionise graphite processing with rapid, acid-free purification. The company raised A$2.5 million to fund scale-up trials and integrate this with its Morogoro graphite project in Tanzania.

Bass Oil reported a 132% jump in quarterly oil sales revenue to A$2.67 million, driven by steady production and higher prices. The company completed its Vanessa gas field acquisition and is advancing drilling at Bunian 6, aiming to double production by late August.

Alliance Nickel has kicked off vat leach testing at its NiWest Nickel-Cobalt Project, aiming to slash capital costs, while raising $2.4 million through a partial entitlement offer and extending loan facilities to mid-2027.

Trek Metals has completed its maiden manganese drilling at the Kuro discovery in WA, with visual manganese logged in 63 of 72 holes. The drilling confirms Induced Polarisation as an effective tool for uncovering concealed manganese mineralisation, with assay results expected by early August.