Latest Austria News

European Lithium and Critical Metals Corp have amended their merger terms to replace a fixed share exchange ratio with a floating ratio tied to Critical Metals' NASDAQ share price, potentially increasing shareholder value amid ongoing merger progress.

ADX Energy’s HOCH-1 well in Upper Austria shows promising gas flow and reservoir extent, with further multi-zone testing set to resume after delays.

Almonty Industries posted a striking turnaround in Q2 2026, driven by soaring tungsten prices, ramping Sangdong Mine operations, and a major $800 million convertible notes raise.

Battery Age Minerals has identified multiple priority exploration targets at its Apex Project in Utah, submitted new drilling permits for Austria’s Bleiberg site, finalised a commercial germanium technology licence, and gained entry to a US defense consortium, underpinning its integrated germanium strategy.

ADX Energy has secured A$3.58 million through a discounted placement to fund multi-zone testing at its HOCH-1 gas discovery in Austria, follow-up drilling, and offshore Sicily exploration amid Europe's tight gas market.

Almonty Industries has extended and expanded its tungsten offtake agreement with Global Tungsten & Powders, raising contracted volumes by 40% and expected annual revenue by US$30 million at current prices.

ADX Energy has increased its Austrian production by 35% following a behind pipe perforation program on two Vienna Basin wells, adding 75 barrels of oil equivalent per day. Plans for further drilling in 2027 aim to build on this momentum.

European Lithium and Critical Metals Corp. have amended their merger agreement, introducing a sale facility option for small shareholders and switching to direct share issuance, aiming for scheme implementation in October 2026.

Kingston Resources has launched a fully underwritten $8.47 million rights issue priced at 3.5 cents per share to support a major drilling campaign and plant expansion at its Mineral Hill project.

Vista Group has landed a significant contract to transition Cineplexx’s European cinema circuit to its cloud-based Operational Excellence platform, covering 59 sites and over 400 screens across 11 countries.

Kingston Resources launches a $8.47 million rights issue at a 12.5% discount, backed by a $4.4 million placement, to finance a major drilling campaign and plant expansion at Mineral Hill following the closure of its Pearse South open pit.

ADX Energy’s HOCH-1 well in Upper Austria has delivered a stable, water-free gas flow rate of 2.7 million cubic feet per day over an 11-hour test, confirming commercial potential from the first tested zone amid ongoing multi-interval testing.