Latest Electrification News

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.

Greenwing Resources has completed a $5.5 million equity raising, positioning itself to advance lithium, polymetallic, and graphite projects across Madagascar and Argentina. The capital raise enjoys strong backing from existing shareholders and directors, including the Managing Director.

Vmoto Limited reported an 18% revenue decline to $46.8 million and a $9.9 million net loss in FY25, while accelerating its transformation into a full-stack electric mobility solutions provider with new global partnerships and product innovations.

Strata Investment Holdings plc reported a striking £6.16 million comprehensive profit for 2025, propelled by robust investment portfolio returns and a significant revaluation uplift in its copper royalty assets. Despite operational delays from adverse weather, the company’s strategic focus on high-conviction resource investments and royalties positions it well amid evolving commodity markets.

Mayfield Group Holdings has announced the acquisition of SMEC Power & Technology for up to $30 million, marking its entry into underground mining electrical infrastructure and international markets.

SolGold shareholders have approved the recommended cash acquisition by Jiangxi Copper, a move that directly impacts DGR Global’s substantial investment in the company. Completion awaits court approval and further conditions.

European Resources Limited has reported its strongest rare earth drilling results yet at the Korsnäs project in Finland, revealing a significant neodymium-praseodymium enriched zone and confirming the effectiveness of passive seismic targeting.