Latest Economic Growth News

Green Iron SA has unveiled a promising iron ore export concept at Port Pirie, leveraging existing infrastructure to support the emerging green iron industry in South Australia.

Energy World Corporation appoints Alan Jowell as Executive Chairman to spearhead its strategic review and project development, while exploring asset sales alongside its flagship Pagbilao LNG and Power Project.

NexGen Energy has received the last federal approval needed to start construction on its Rook I uranium project in Saskatchewan, set to become the globe’s largest and most environmentally advanced uranium mine.

Jade Gas Holdings has completed its appraisal program for the TTCBM Project in Mongolia, setting the stage for regulatory approvals and commercial development of a major domestic gas resource.

Bass Oil has received a $3.5 million grant from the South Australian Government to fund pipeline construction for its Kiwi liquids rich gas project in the Cooper Basin, marking a key step towards production by 2028.

Multistack International Limited posted a surprising $2.26 million net profit for 2025, driven by one-off settlement income, while its core operations continue to falter, prompting plans to exit its current business model.

Magnetite Mines’ Razorback Iron Ore Project has been granted Major Project Status by the Australian Government, recognising its national economic importance and unlocking enhanced regulatory support for the next three years.

Tivan Limited has completed its acquisition of the Baucau and Ossu mineral projects in Timor-Leste and signed a non-binding agreement to form a joint venture with the state-owned Murak Rai. The move positions Tivan at the forefront of mineral exploration in a highly prospective but underexplored region.

Savana Asset Management highlights the US as the leading global equity market, driven by robust economic growth, AI investment surges, and investor-friendly policies. Their insights reveal why Australian investors might look across the Pacific for growth opportunities.

Commonwealth Bank of Australia reported a 5% rise in net profit for the half-year ended December 2025, balancing lending growth with margin pressures and increased technology investment.

Manuka Resources’ subsidiary Trans-Tasman Resources has received a draft decision proposing to decline consent for its Taranaki VTM iron sands project, challenging the company’s plans to develop a critical minerals supply in New Zealand.

Fortuna Metals has confirmed it is exempt from Malawi’s 2025 raw mineral export ban, provided it processes rutile and graphite locally before export. This regulatory clarity positions the company to develop premium mineral products for high-value markets.