Latest Commercial Development News

Jade Gas Holdings reported continuous gas production from two wells at its Red Lake coal bed methane project in Mongolia during Q4 2025, confirming commercial viability with exceptionally high methane purity. The company also secured a $70 million non-binding LOI and appointed a new CEO to drive development.

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.

Anson Resources has kicked off a revised drilling program targeting lithium brines in Utah and secured a $14 million capital raise, alongside a key offtake agreement for its Green River Lithium Project.

Zeotech Limited has made significant strides in advancing its Toondoon Kaolin Project mining readiness and secured key partnerships to commercialise its AusPozz™ metakaolin product, validated by independent testing.

Horizon Oil reported an 18% rise in production and sales volumes in Q2 FY26, driven by its first full quarter of Thailand asset output. The company also maintained strong cashflow, paid a final FY25 dividend, and secured a long-term gas supply agreement in Australia’s Northern Territory.

Cobre Limited has secured $5.5 million in strategic placements to advance copper exploration and development in Botswana, highlighted by encouraging drilling results at the Cosmos Target and new seismic surveys funded by BHP.

3D Energi has confirmed two significant gas discoveries in the Otway Basin but now confronts a funding shortfall that has led to a trading suspension on the ASX.

Brazilian Critical Minerals has successfully demonstrated a 200-fold upgrade in rare earth element concentration using Rare Earth Technologies’ proprietary process, producing high-purity oxides at its Ema project.

White Energy’s subsidiary BCBC has clinched an exclusive global agency agreement with Komarek to market briquettor machines using its proprietary BCB technology starting January 2026. This deal extends White Energy’s foothold in coal upgrading amid evolving energy markets.

Lendlease has landed a major contract to develop Sydney’s Hunter Street West Over Station, including a premium 52-storey commercial tower and metro station construction. This deal significantly boosts its development and construction pipeline ahead of FY27.

Whitebark Energy’s latest technical review of the Warro Gas Field reveals that water production issues are confined to specific fault zones, enhancing prospects for commercial gas flow and prompting immediate engineering evaluations.

Jade Gas Holdings has verified exceptionally high methane purity exceeding 97% at its Red Lake gasfield, underpinning its commercial LNG ambitions and opening new chemical feedstock opportunities.