Latest Energy Sector News

Perpetual Resources has reported exceptional high-grade Caesium and Lithium assay results from surface channel sampling at its Morro Grande prospect in Brazil’s Lithium Valley, confirming a highly evolved critical minerals system. These findings pave the way for refined drill targeting and extensive trenching ahead.

Contact Energy Limited has reported a striking 43.9% increase in net profit for the half-year ending December 2025, even as revenue fell by 5.3%. The company’s acquisition of Manawa Energy Limited has boosted its net tangible assets, underpinning a healthy interim dividend.

Critica Limited has produced its first commercial-quality Mixed Rare Earth Carbonate from the Jupiter Rare Earth Project, marking a key milestone in advancing its development and processing pathway. The high-grade product validates scalable hydrometallurgical processing and supports the upcoming Scoping Study.

Key Petroleum Ltd has raised over A$314,000 through a targeted share placement, aiming to accelerate asset acquisition and maintain existing operations.

Axel REE Limited reports breakthrough metallurgical test results from its Caladão Project in Brazil, achieving over 96% recovery of magnetic rare earth oxides using hydrochloric acid leaching. This milestone supports a dual-path development strategy combining low-cost in situ recovery with a longer-term acid leach option.

AGL Energy Limited has announced a fully franked ordinary dividend of AUD 0.24 per share for the six months ending December 2025, payable in March 2026. This dividend reflects the company’s steady financial footing amid ongoing market challenges.

Berkeley Energia’s subsidiary has lodged a $1.25 billion arbitration claim against Spain, alleging treaty violations that have stalled its Salamanca uranium project. Despite the dispute, the company remains committed to dialogue and project development.

Worley Limited has been awarded a reimbursable EPC contract for Phase 2 of the CP2 Project, reinforcing its role in a strategically vital global energy infrastructure initiative.

First Graphene has secured a strategic distribution and collaboration agreement with Syron GreenThrust Dynamics to supply its PureGRAPH products across India, SAARC nations, and the UAE, unlocking new industrial markets and potential local manufacturing.

Grand Gulf Energy has resumed trading on the ASX following a pivotal announcement securing new exploration rights alongside a fresh capital raising initiative.

Morella Corporation has expanded its rubidium exploration footprint at the Mt Edon Project in Western Australia, identifying multiple new high-grade targets with assays up to 2.84% Rb2O. This development strengthens the company's position in the critical minerals sector alongside its lithium assets.

Locksley Resources has reported outstanding high-grade antimony assay results from its Desert Antimony Mine in California, with samples reaching up to 26.1% Sb. This breakthrough supports the company’s plans for a pilot plant aimed at domestic production critical to U.S. defense needs.