Latest Energy Storage Sector News

Firebird Metals has raised A$6 million through a placement led by top-tier institutions and directors, aiming to fast-track its manganese-rich cathode technology and expand R&D capabilities in Australia and China.

Anson Resources has inked a definitive offtake agreement with LG Energy Solution for battery-grade lithium carbonate from its Paradox Basin project, marking a significant step toward commercial production and market validation.

Altech Batteries has announced breakthrough performance milestones for its CERENERGY sodium nickel chloride battery technology, demonstrating exceptional cycle life, efficiency, and safety that position it as a strong contender in grid and industrial energy storage.

Syrah Technologies has secured a US$11.7 million cash payment from the US government under the Inflation Reduction Act, marking a significant financial boost for its Vidalia Active Anode Material facility.

Livium Ltd reports a maiden profit at its battery recycling arm Envirostream, advances its lithium extraction joint venture with Mineral Resources, and secures a $30 million grant for its lithium ferro phosphate demonstration plant.

Sayona Mining has significantly increased the Mineral Resource and Ore Reserves at its Moblan Lithium Project in Quebec, reinforcing the project's long-term viability amid rising lithium demand.

HMC Capital has completed its acquisition of Neoen Australia's Victorian assets, adding 652 MW of operational battery storage and a 2.8 GW development pipeline to its energy transition platform. This strategic move positions HMC as a growing leader in Australia's renewable energy sector.

Argosy Minerals has made significant strides in developing its Rincon Lithium Project in Argentina, securing a 40MW energy infrastructure agreement and completing a $2 million placement to fund ongoing feasibility and engineering works.

GreenHy2 Limited has strengthened its cash position to $1.58 million while progressing its flagship Telstra hydrogen storage project and expanding its battery technology portfolio.

Anson Resources has successfully implemented a polishing process at its Green River Lithium Project that significantly reduces contaminants in lithium chloride eluate, paving the way for battery-grade lithium carbonate production.

GenusPlus Group Ltd has landed a $65 million contract to design and build the Merredin Battery Energy Storage System in Western Australia, marking a significant step in its renewable energy expansion.

QEM Limited has raised A$2.05 million through a strongly supported placement to accelerate its Julia Creek Vanadium and Energy Project, coinciding with the retirement of founding CEO Gavin Loyden and the appointment of Robert Cooper as his successor.