Latest Energy Transition News

Prospech Limited has launched a 1,600-metre diamond drilling campaign at its Korsnäs rare earth element project in Finland, supported by promising passive seismic survey results that highlight potential new mineralised zones.

Global Lithium Resources has released a Definitive Feasibility Study for its Manna Lithium Project, confirming robust financials and a long mine life in Western Australia. The study sets the stage for a Final Investment Decision in 2026 amid improving lithium market conditions.

Greenvale Energy has raised approximately AUD 856,000 through an oversubscribed Share Purchase Plan, strengthening its uranium exploration efforts in Queensland and the Northern Territory.

Vulcan Energy Resources has raised €398 million through a fully underwritten institutional placement and entitlement offer to fund the construction and commissioning of its Lionheart lithium project, marking a pivotal step from development to execution.

WestStar’s subsidiary SIMPEC has landed a $4.5 million contract to modify Fortescue’s Solomon Power Station, supporting the energy giant’s transition to renewables in the Pilbara.

QPM Energy Limited has announced a $30 million equity raise to support the development of its Isaac Power Station, advancing toward a final investment decision in March 2026 and commissioning by mid-2027. The funding package, complemented by a $113.7 million lease agreement and a $40 million convertible note, underpins a project poised to strengthen Queensland’s energy transition.

Lithium Energy Limited has initiated a crucial new drilling program at its Solaroz Lithium Brine Project in Argentina, backed by a major stakeholder preparing to acquire full ownership.

DevEx Resources has announced a $35 million capital raise to fund key uranium tenement acquisitions and an aggressive 2026 exploration campaign in the Northern Territory’s Alligator Rivers Uranium Province.

Vulcan Energy Resources has locked in full financing for its Phase One Lionheart project, marking a pivotal step toward producing carbon-neutral lithium hydroxide in Germany by 2028. The €2.2 billion package combines debt, equity, and government grants, underpinning robust project economics and strategic partnerships.

Asian Battery Metals confirms a significant 30% strike extension of sulphide mineralisation at its Oval Cu-Ni-PGE project in Mongolia, supported by new drillhole visuals and assay results. The company advances plans for deeper drilling and regional exploration to build a critical metals cluster.

NexGen Energy has reported its highest-grade uranium assay to date from the Patterson Corridor East at its Rook I Project, revealing exceptional mineralization that could redefine the project's potential.

Deep Yellow Limited has appointed Greg Field as its new Managing Director and CEO, aiming to leverage his extensive project execution experience to advance key uranium projects in Namibia and Australia.