Latest Economic Development News

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Nova Minerals’ U.S. subsidiary has won a $43.4 million award from the U.S. Department of War to accelerate production of military-grade antimony trisulfide at its Alaska Estelle Project, aiming to strengthen domestic critical mineral supply.
Maxwell Dee
Maxwell Dee
1 Oct 2025
Janus Electric has inked a $5 million share placement and exclusive distribution deal with EVUNI, setting the stage for its heavy transport electrification technology to enter the sub-Saharan region.
Victor Sage
Victor Sage
29 Sept 2025
Caravel Minerals has released its first comprehensive Sustainability Report for fiscal 2025, detailing ambitious ESG initiatives and a clear roadmap toward net-zero emissions for its Caravel Copper Project in Western Australia.
Maxwell Dee
Maxwell Dee
26 Sept 2025
GenusPlus Group has been awarded a $50 million contract by Alinta Energy to complete the 100MW/200MWh Wagerup Battery Energy Storage System in Western Australia, reinforcing its growing presence in the battery storage sector.
Maxwell Dee
Maxwell Dee
15 Sept 2025
Invictus Energy's Cabora Bassa Project in Zimbabwe has been officially granted National Project Status, alongside finalising key terms of its Petroleum Production Sharing Agreement, marking a significant step towards commercial gas production.
Maxwell Dee
Maxwell Dee
2 Sept 2025
Altech Batteries has secured preliminary approval for a €46.7 million German government grant to support its innovative CERENERGY solid-state battery project, marking a significant step in its push to commercialize lithium-free energy storage technology.
Maxwell Dee
Maxwell Dee
2 Sept 2025
Canyon Resources’ Definitive Feasibility Study confirms Minim Martap as a major bauxite project with a 33% ore reserve increase and robust economics, targeting production start in early 2026.
Maxwell Dee
Maxwell Dee
1 Sept 2025
Uscom Limited reported a 25% decline in revenue to $3.16 million and a 59% increase in net loss to $3.3 million for FY25, reflecting significant global headwinds. Despite setbacks, the company advanced new product approvals and secured funding to navigate ongoing challenges.
Ada Torres
Ada Torres
29 Aug 2025
Waterco Limited reported a modest 4% revenue increase for FY25 but saw net profit fall sharply by 31%, weighed down by restructuring and foreign exchange losses. The company maintains its dividend and eyes growth through innovation and regional expansion.
Victor Sage
Victor Sage
29 Aug 2025
Manuka Resources’ subsidiary Trans-Tasman Resources has entered a pivotal phase as an expert panel starts assessing its Fast Track application for seabed mining off New Zealand’s coast, aiming to unlock significant economic and mineral export potential.
Maxwell Dee
Maxwell Dee
21 Aug 2025
Global Lithium Resources has finalized a Native Title Mining Agreement with the Kakarra Part B Native Title Group, unlocking the path for its Manna Lithium Project's development and operational progress.
Maxwell Dee
Maxwell Dee
13 Aug 2025
VRX Silica Limited has secured approval for its Mining Proposal at the Arrowsmith North Silica Sand Project, marking a pivotal step toward production in a globally significant silica sand deposit.
Maxwell Dee
Maxwell Dee
8 Aug 2025