Latest Energy Transition News

FMR Resources has completed a joint venture to earn a majority interest in a promising Chilean copper-gold project and raised $2.2 million, positioning itself for drill-ready exploration in late 2025.

Peel Mining Limited has updated its mineral resource estimates, highlighting a robust 22.9 million tonnes at 2.20% copper equivalent across its South Cobar Project. The company is advancing pre-feasibility studies and exploration drilling at key deposits, positioning itself as a significant player in the Cobar Basin copper hub.

Terra Uranium Limited (ASX – T92) reveals significant historic mineralisation of tin, tungsten, molybdenum, and silver at its Deepwater Project in New South Wales, underpinning its strategic acquisition of Dundee Resources Pty Ltd.

Jade Gas Holdings reports steady progress at its Red Lake Gas Field with both wells performing as expected, targeting first gas production within the current quarter.

Beach Energy reported robust FY25 results marked by significant cost reductions, increased production, and record dividends, while advancing key projects like the Waitsia Gas Plant and Moomba CCS.

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.

Terrain Minerals has wrapped up a significant 4,995m drilling campaign at its Smokebush Gold Project, with assay results expected in September 2025. The company is simultaneously advancing exploration across multiple Australian projects targeting gold, gallium, copper, lithium, and rare earth elements.

Western Mines Group has announced a landmark nickel sulphide discovery at its Mulga Tank project in Western Australia, revealing a globally significant resource of 5.3 million tonnes of contained nickel. Extensive drilling confirms a large-scale, high-potential nickel system that could reshape Australia’s position in the global nickel market.

Aura Energy has locked in a landmark long-term uranium offtake agreement with a major US nuclear utility alongside a flexible spot sales deal, marking a pivotal step toward commercialising its Tiris Uranium Project in Mauritania.

Duratec Limited has acquired EIG Australia for up to $9 million, significantly boosting its fuel infrastructure and electrical services capabilities across key Australian sectors including Defence and Mining.

Horizon Oil has completed its acquisition of significant interests in two producing gas fields in Thailand, adding 2,100 barrels of oil equivalent per day to its portfolio and expanding its footprint in Southeast Asia.

Whitebark Energy has confirmed a substantial update to its prospective hydrocarbon resources in South Australia's Officer Basin, with an independent assessment revealing 4.3 trillion cubic feet of gas and 1.3 billion barrels of liquids across key permits.