Latest Energy Transition News

Evolution Energy Minerals Limited has announced a renounceable pro-rata entitlement offer to raise up to $4.03 million, aiming to fund exploration and development of its Tanzanian copper and graphite assets. The offer includes free attaching options and is partially underwritten, reflecting both opportunity and risk amid regulatory challenges.

AGL Energy reported a steady first half with flat underlying EBITDA and a narrowed FY26 earnings outlook, while accelerating its renewable projects and forming a strategic partnership with Aussie Broadband.

D3 Energy has secured a new Technical Cooperation Permit adjacent to its flagship helium project in South Africa, broadening its exploration footprint and reinforcing its position in the global helium market.

European Metals Holdings has achieved a critical rezoning approval for its flagship Cinovec Lithium Project, unlocking defined mining and processing zones. Backed by substantial Czech and EU government grants, the project is poised to become Europe’s largest hard rock lithium producer.

Macquarie Group reports solid 3Q26 results with robust profit growth across divisions and a strong capital surplus, underpinned by strategic technology investments and regulatory compliance.

PLS Group has locked in a two-year offtake agreement with Canmax Technologies for 150,000 tonnes per annum of spodumene concentrate, backed by a $100 million interest-free prepayment and a price floor to protect against market dips.

FMR Resources has started drilling at Target K within the Southern Porphyry system of its Llahuin Project JV in Chile, aiming to test a key 500-metre corridor between previous targets. This move follows detailed integration of geological and geophysical data refining the exploration model.

Xenora Minerals has identified a significant new lithium anomaly at its Dudley Lithium Project in South Australia, using improved geochemical sampling methods. The company plans to commence drilling in June 2026 to test these promising targets.

Australian Mines Limited has reported outstanding near-surface scandium assay results from its Flemington Project, revealing significant potential to expand its existing resource. Follow-up drilling and an updated scoping study are set to advance this strategic critical minerals asset.

Western Mines Group has revealed a landmark nickel sulphide discovery at its Mulga Tank project in Western Australia, boasting 5.3 million tonnes of contained nickel and ranking among the world’s top 10 deposits.

Kuniko Limited has identified a 4-kilometre gold-silver mineralised corridor at its Commonwealth Project in NSW, with multiple high-priority drill targets defined by advanced geophysical modelling. The company is poised to start its maiden diamond drilling program imminently.

Prospect Resources has announced a significant update to its Mumbezhi Copper Project resource estimate, revealing a 63% increase in copper tonnage and maiden gold and cobalt resources, positioning the project closer to development.