Latest Energy Transition News

Fortescue Metals Group announces a strategic leadership reshuffle, appointing Agustin 'Gus' Pichot as CEO to spearhead its green energy and decarbonisation initiatives amid evolving market dynamics.

Rio Tinto has announced that CEO Jakob Stausholm will step down later this year, with a rigorous succession process now underway. Stausholm’s tenure saw a strategic pivot towards energy transition and profitable growth.

Provaris Energy has partnered with Yinson to develop large-scale liquid CO2 storage tanks and shipping solutions, aiming to meet surging demand in the expanding carbon capture and storage market.

Thunderbird Resources advances exploration of high-grade gold and antimony projects in New South Wales, while progressing copper and uranium ventures in Peru and Canada.

Solstice Minerals has pinpointed promising mineral resource extension targets at its Nanadie Copper-Gold Project in Western Australia, setting the stage for a potential significant increase in copper and gold resources.

Altamin Limited has reported the final tranche of high-grade zinc-lead-silver assay results from its 2024 channel sampling at the Gorno Project, revealing mineralisation beyond current resource boundaries. These findings highlight new zones in previously inaccessible areas, reinforcing the project's exploration potential.

WestStar Industrial’s subsidiary SIMPEC has landed a $17 million contract to deliver key construction works for a pioneering lithium refining plant in Western Australia, marking a significant step in Australia’s energy transition.

Verbrec Limited has landed over $11 million in new engineering and construction contracts, boosting its outlook for a solid profit in H2 FY2025 amid easing project deferrals.

ASPI Isotopes Inc. has agreed to acquire Renergen Limited in an all-share deal, creating a vertically integrated global entity focused on critical materials for semiconductors, medical isotopes, and green energy. The transaction addresses Renergen’s liquidity challenges and positions the combined company for growth across multiple strategic sectors.

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.