Latest Energy Transition News

Thor Energy has agreed to sell a majority stake in its US uranium projects to Metals One, securing upfront cash and stock consideration while focusing on its hydrogen and helium ambitions.

Renascor Resources has successfully produced high-grade graphite concentrate from its Siviour deposit, exceeding feasibility study benchmarks and setting the stage for its Australian Government-backed PSG demonstration plant. This milestone comes as US tariffs on Chinese anode materials surge, spotlighting Renascor’s strategic role in diversifying supply.

GreenX Metals advances its German and Greenland projects with modern exploration techniques and secures a significant arbitration award against Poland, positioning itself strongly in critical minerals markets.

Asian Battery Metals PLC has identified 29 conductive plates, including six high-priority targets, at its Oval Cu-Ni discovery in Mongolia, setting the stage for a drilling restart in August 2025.

Centrex Limited and its subsidiary Agriflex Pty Ltd have entered a Deed of Company Arrangement (DOCA) with PRL Group Limited set to acquire 100% of Centrex shares, pending court approval. An independent expert report values Centrex shares at nil on a liquidation basis, while mineral assets are valued at A$5.6 million.

European Lithium has sold 0.5 million shares of Critical Metals Corp to a US institutional investor for approximately US$1.8 million, underscoring the significant value of its remaining stake.

Bulletin Resources has had its appeal against the refusal of a Native Vegetation Clearing Permit for its Ravensthorpe Lithium Project dismissed, raising questions about the project's future.

Kinetiko Energy has begun drilling a key production test well in South Africa, advancing its transition from exploration to gas production with plans for a pilot LNG plant by late 2026.

D3 Energy has achieved a significant milestone with its maiden certified methane and helium reserves at ER315 in South Africa, enabling an early submission of its Production Right application. The reserves cover a small portion of the acreage but signal substantial upside potential.

Macquarie Group Limited reported a 5% increase in FY25 profit to A$3.715 billion, declaring a higher dividend and announcing a key CFO transition. The group also outlined a strategic divestment and cautious outlook for FY26.

Kuniko Limited has applied for NOK 60 million in funding to develop a sustainable, low-emission battery metals supply chain in Norway, partnering with industry and research leaders including Stellantis.

Fortescue Metals Group delivered record iron ore shipments in FY25 alongside a rare cost decline, while recalibrating its green energy ambitions and maintaining a strong financial position.