Latest Energy Transition News

SGH Ltd has reaffirmed its FY25 guidance for high single-digit EBIT growth while targeting a net debt to EBITDA ratio of 2.0x by year-end, underpinned by disciplined capital allocation and operational improvements across its diversified industrial, energy, and media businesses.

Metro Mining’s latest update reveals a decline in Ore Reserves and Resources at Bauxite Hills Mine due to 2024 mining activity, with no new exploration additions. The company plans a significant capital expansion to boost production capacity.

Axel REE Limited's latest auger drilling results from Brazil's Poços de Caldas Caldera reveal significant high-grade rare earth mineralisation, expanding the footprint of its Caldas Project and underscoring its potential in the critical minerals sector.

Thunderbird Resources has confirmed significant high-grade gold, antimony, and silver mineralisation at its Rockvale and Kookabookra projects in New South Wales, setting the stage for targeted drilling later this year.

Worley Limited has reaffirmed its FY25 financial outlook, targeting low double-digit EBITA growth and margins between 8-8.5%, supported by a robust $9.4 billion bookings pipeline and a strategic operational reorganisation.

Manhattan Corporation Limited (ASX: MHC) unveils strategic advances across its high-grade gold, lithium, and uranium projects, highlighted by a farm-in joint venture with Novo Resources and key management appointments.

Constellation Resources has unveiled promising initial results from its Edmund-Collier Natural Hydrogen Project, confirming organic-rich shales capable of generating thermogenic hydrogen. This milestone underscores the project's potential in the emerging zero-carbon hydrogen sector.

Diablo Resources has identified four promising copper targets within its Phoenix Copper Project in the prolific Lisbon Valley Mining District, setting the stage for drilling in Q3 2025 amid a bullish copper market.

Gentrack Group Ltd reported a robust 9.8% revenue increase and a 34.7% jump in net profit for the first half of FY25, driven by strong recurring revenues and strategic global expansion.

Hastings Technology Metals has entered a binding agreement with Wyloo to form a 60:40 joint venture on the Yangibana Rare Earths and Niobium Project, with Wyloo taking the lead on funding and management. This partnership aims to de-risk project development and accelerate progress toward final investment decision.

Greenvale Energy has identified several uranium anomalies across key Northern Territory projects through detailed airborne surveys, setting the stage for extensive ground exploration in 2025.

Kinetiko Energy has spudded a new production test well in South Africa, aiming to unlock a substantial 6.0 TCF conventional gas resource that could ease the country’s energy crisis. Optimized drilling techniques are expected to overcome earlier flow challenges, accelerating the path to commercial gas production.