Latest Electrification News

AIC Mines reports significant growth in Mineral Resources and Ore Reserves at its Eloise Copper Mine and Jericho Copper Project, underpinning potential mine-life extensions and production growth.

Australian Critical Minerals is set to begin its maiden drilling campaign at the Flint gold-silver project in Peru, targeting a 4 km hydrothermal system with promising high-sulphidation epithermal gold-silver potential. Drilling starts March 31, 2026, following extensive geophysical and geological groundwork.

Sims Group’s North American Metal division reports a successful operational turnaround, strengthened leadership, and strategic acquisitions that position it well for growth despite geopolitical headwinds.

Cyprium Metals has completed the second tranche of its placement, raising A$36 million to advance the phased restart of its Nifty Copper Complex in Western Australia.

New Frontier Minerals has secured technical approval for its Mining Lease Application at the Big One Copper Deposit, setting the stage for potential near-term copper production amid a tightening global copper market.

Lodestar Minerals has intersected visible copper sulphides in its first diamond drill hole at the Three Saints project in Chile, hinting at a potentially significant IOCG-style mineralised system. Assay results are pending, with further drilling planned to explore the extent of mineralisation.

Viridis Mining’s Colossus Rare Earth Project has been selected for Brazil’s Climate and Ecological Transformation Investment Platform, enhancing its access to international capital ahead of a key investment decision.

Magnetite Mines Limited (ASX:MGT) has been awarded Federal Major Project Status for its Razorback Iron Ore Project, unlocking government support as it advances multi-commodity exploration across South Australia. The company is progressing rare earth, copper, and gold programs while positioning Razorback for long-term green steel supply.

Janus Electric has locked in a $2.75 million R&D finance facility, strengthening its cash position to push forward with its zero-emission transport innovations. This strategic funding avoids shareholder dilution while supporting ongoing technology development.

Cadoux Ltd has secured a $600,000 milestone payment from the Western Australian Government’s Investment Attraction Fund, marking significant progress in its high purity alumina project development.

Southern Cross Electrical Engineering (SCEE) reported a robust H1 FY26 with underlying EBITDA up 30.8%, raising full-year guidance despite a significant legal settlement cost. The company’s diversified portfolio and strong order book underpin its optimistic outlook.

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.