Latest Energy Transition News

Jade Gas Holdings has signed a non-binding Letter of Intent with Chinese partner Langrun for up to A$70 million in non-dilutive financing to fast-track its Red Lake LNG project in Mongolia. This deal could significantly advance drilling, production, and gas processing operations.

Dynamic Metals Limited is progressing exploration licence applications for the Meentheena Fluorite Field in Western Australia, targeting a historically high-grade fluorite deposit critical to clean energy and semiconductor industries.

Kuniko Limited has completed a key airborne geophysical survey and begun field sampling at its Commonwealth Gold-Silver Project in NSW, setting the stage for maiden drilling in early 2026. These steps fulfill joint venture commitments and maintain licence status in a prolific mineral region.

Asian Battery Metals PLC reports new assay results confirming extensions of copper-nickel mineralisation at its Oval Cu-Ni-PGE project in Mongolia, highlighting the growing scale and consistency of the deposit.

Caravel Minerals has signed a non-binding MOU with Adani’s Kutch Copper to jointly advance the Caravel Copper Project toward a 2026 Final Investment Decision, exploring funding and offtake agreements.

Macquarie Group Limited reported a 3% increase in profit for the half year ended 30 September 2025, driven by strong performances in asset management and capital advisory, while declaring a 35% franked interim dividend of $2.80 per share.

Clean TeQ Water has landed a significant A$19.2 million contract with Rio Tinto’s subsidiary for the Rincon Lithium Project in Argentina, marking its first major South American venture and a milestone in lithium refining technology.

Eclipse Metals has completed over 700 metres of diamond drilling at its Grønnedal project in Greenland, confirming continuous rare earth mineralisation and reinforcing its substantial inferred resource estimate. Drilling has now progressed to the polymetallic Ivigtût prospect, broadening the company’s critical minerals footprint.

Orpheus Uranium has executed a Native Title Mining Agreement with the Adnyamathanha Traditional Lands Association, a crucial step toward advancing its Frome and Marree uranium projects in South Australia.

Condor Energy has signed a non-binding MoU with Promigas Perú to jointly explore natural gas supply and distribution opportunities from the Piedra Redonda gas field, aiming to unlock value in northern Peru’s energy market.

Verbrec Limited is streamlining its business by selling its Competency Training division for $11.5 million and acquiring Alliance Automation for $5.5 million, significantly boosting its digital and automation capabilities.

Energy Transition Minerals has appointed two former Danish diplomats to its Advisory Board, aiming to strengthen its rare earths project in Greenland amid ongoing legal challenges.