Latest Energy News

Octava Minerals secures $1.5 million in a placement to fund exploration and due diligence for acquiring the historically promising Federation copper-zinc-silver project in Western Tasmania.

FAR Limited reports robust production from Senegal’s Sangomar field and receives a provisional $11.5 million contingent payment, while addressing a $6 million indemnity claim from Woodside Energy.

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.

Cuscal Limited announces the retirement of long-serving CFO Sean O’Donoghue in late 2025 and the appointment of Jennifer Brice as his successor, signaling a seamless leadership transition as the company remains on track to meet its FY25 forecasts.

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.

Mandrake Resources reports progress on its Utah Lithium Project, highlighting a 3.3Mt inferred lithium resource and new brine flow modelling to target high-grade zones. The company maintains a strong cash position while exploring strategic growth opportunities.

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.

IPB Petroleum has secured a crucial two-year extension on its WA-424-P permit in the Browse Basin, allowing more time to progress the Gwydion oil discovery and explore the Idris prospect. The company is actively pursuing partnerships and funding to unlock value from these assets.

Xstate Resources has pushed back the closing date of its public offer to early August, setting the stage for a potential ASX re-listing by late August following key approvals and asset acquisition.

Gold Hydrogen Limited has locked in a $14.5 million strategic investment from major Japanese corporations to fund expanded drilling and appraisal at its Ramsay Project in South Australia. This capital injection aims to advance the company’s pioneering work in Natural Hydrogen and Helium exploration.