Latest Clean Energy Sector News

NuEnergy Gas Limited has secured A$3.05 million through a placement to fund early gas sales and production expansion at its Tanjung Enim project, alongside advancing other Indonesian coal bed methane assets.

Iondrive Limited’s updated evaluation of its IONSolv™ technology projects a US$243 million post-tax NPV and US$62 million annual EBITDA for a single rare earth recovery module in the US, driven by high feedstock grade assumptions and independently validated recoveries.

West Cobar Metals is broadening its scandium exploration at Salazar by adding the Benriach Prospect to its Q4 2026 air-core drilling program, aiming to tap near-surface scandium enrichment and higher-grade zones within its existing resource.

Narryer Metals has uncovered a new scandium-rich project in Western Australia’s Great Southern region, with historic drilling showing promising grades over a 1.7km strike. The Pingrup Project complements its Rocky Gully asset and could position the company as a notable scandium supplier.

Mount Ridley Mines has extended the high-grade scandium footprint at its Block 2 Resource with Phase 1 re-assay results, revealing significant mineralisation beyond current resource limits and setting the stage for resource growth.

Thor Energy has awarded a significant 2D seismic survey contract to Velseis for its HY-Range Project, aiming to refine exploration targets for natural hydrogen and helium in South Australia.

Askari Metals reports strong Phase 1 trenching results at its 100%-owned Uis Project, confirming continuous high-grade polymetallic mineralisation including tin, lithium, tantalum, rubidium, and caesium. These findings bolster confidence ahead of planned drilling in H2 2026.

American West Metals has commenced a 5,000-metre diamond drilling campaign at its West Desert Project in Utah, targeting high-grade indium, gallium, and copper to bolster US critical metals security.

EQ Resources Limited showcased its strategic position as a leading tungsten producer with strong growth ambitions amid a tightening global supply deficit. The company’s dual operations in Australia and Spain underpin its role in securing ethical tungsten supply chains for Western markets.

NuEnergy Gas Limited has completed drilling four wells at its Tanjung Enim project, gearing up for initial gas sales in the first half of FY26. The company also inked key agreements to finance and expand its coal bed methane operations in Indonesia.

Globe Metals & Mining has officially started construction at its fully permitted Kanyika Niobium Project in Malawi, marking a key shift from planning to execution with first oxide production targeted for early 2028.

Lithium Universe’s Bécancour Lithium Refinery project in Québec is poised to capitalise on a sharp lithium price rebound, with current prices well above feasibility study forecasts. The company’s counter-cyclical development strategy is gaining momentum amid renewed market confidence.