Latest Clean Energy News

The week was split between big earnings reactions and small-cap rocks-and-rigs rallies. Pro Medicus sank despite record numbers, while a handful of explorers jumped on fresh discoveries and policy wins.

Explorers led the Materials tape as fresh drill stories and new ground deals pulled buyers into small caps. Big miners still delivered, but the loudest moves came from companies offering investors a near-term catalyst.

Neometals Ltd has resolved a longstanding legal dispute with a $1 million settlement, clearing the way to focus on advancing its Barrambie Gold Project and sustainable processing technologies.

Global Uranium and Enrichment Limited has been fully acquired by Snow Lake Resources through a share and option scheme, leading to GUE's imminent delisting from the ASX.

St George Mining has won preferential tax treatment from the Minas Gerais government, cutting development costs for its flagship Araxá Project in Brazil. This support bolsters the company’s ambitions to establish a world-class niobium and rare earths operation.

Peninsula Energy has reduced its debt by US$4.25 million through a partial conversion of its convertible loan facility, issuing nearly 20 million shares to its lender. This move supports the ongoing restart and ramp-up of its Lance Uranium Project in Wyoming.

Enova Mining has successfully raised $2 million through a heavily oversubscribed share placement, enabling accelerated drilling and test work at its East Salinas and Charley Creek projects. This capital injection positions the company to advance its critical minerals exploration amid growing demand for rare earth elements.

European Resources Limited has reported promising drill results with strong neodymium-praseodymium enrichment at its Korsnäs rare earth project in Finland, alongside advancing metallurgical test work aimed at optimising extraction processes.

Charter Hall Long WALE REIT reported a solid first half for FY26, with a 2% rise in operating earnings per security and a $139 million uplift in property valuations, underpinned by a diversified portfolio and strong tenant demand.

Diablo Resources has secured a geophysical contractor to commence an induced polarisation survey at its high-priority Star Range Silver-Antimony Project, while maiden drilling at the Phoenix Copper Project confirms encouraging copper mineralisation.

Meteoric Resources has successfully commissioned its Mixed Rare Earth Carbonate pilot plant in Brazil, achieving strong recovery rates and production outputs that validate its processing approach and de-risk the Caldeira project.

Magnum Mining’s initial drilling at its Azimuth REE Project in Brazil reveals extensive near-surface rare earth mineralisation, hinting at a major ionic adsorption clay discovery with promising grades and scale.