Latest Energy News

Magnum Mining has resumed drilling at its Palmares and Azimuth rare earth projects in Brazil, advancing high-grade targets with assay results expected by the end of January.

Global Laser Enrichment, licensee of Silex’s laser uranium enrichment technology, has won a $28 million U.S. Department of Energy award to push next-gen nuclear fuel innovation, despite missing out on a larger $900 million contract.

Lithium Universe Limited has taken a significant step forward in its North American lithium refining ambitions by confirming the suitability of a Brownsville, Texas site for its second refinery. This move supports a binational platform designed to meet surging demand for battery-grade lithium carbonate.

Pilot Energy has secured a $10.75 million joint development agreement with SN Energy to build a hybrid solar and battery storage project alongside a proposed 50MW data centre at Three Springs.

Adisyn Ltd has successfully demonstrated low-temperature deposition of an sp²-based carbon layer using Atomic Layer Deposition, a milestone independently verified and critical for semiconductor integration.

Viridis Mining and Minerals has secured a pivotal US$50 million Letter of Support from Export Finance Australia, finalising the export credit agency-led debt package for its Colossus Rare Earths Project. This milestone positions the project to advance towards full funding and a Final Investment Decision in the second half of 2026.

St George Mining reports exceptional diamond drilling results from its Araxá Rare Earths and Niobium Project in Brazil, revealing thick, high-grade mineralisation from surface that supports a significant resource upgrade.

Lion Energy has struck a pivotal farm-out deal with OPIC, securing 88% funding for its 2026 Bula Karang exploration well in Indonesia’s East Seram PSC, significantly reducing its financial exposure while retaining substantial upside.

Southern Cross Gold Consolidated has reported exceptional high-grade gold and antimony drill results at its Sunday Creek Project, including a standout 12.2m intercept at 33.3 g/t AuEq. The drilling has connected two major mineralized systems, expanding the project's potential significantly.

AusQuest Limited has significantly extended the copper-gold mineralised system at its Cangallo project in Peru through recent diamond and RC drilling, revealing depths beyond 800 metres and strike length exceeding one kilometre.

SGH Ltd and Steel Dynamics have jointly proposed a $13.2 billion acquisition of BlueScope Steel, offering shareholders a significant premium and planning a strategic split of assets between Australia and North America.

TMK Energy has achieved a fifth consecutive month of rising gas production at its Gurvantes XXXV Project in Mongolia, hitting a new daily record in December 2025. The company is now advancing plans to harness this gas for power generation, signalling a promising commercial phase ahead.