Latest Energy News

LGI Limited reported a robust FY25 with a 13.6% increase in underlying EBITDA to $17.4 million, expanded renewable capacity by 44%, and declared a fully franked dividend. The company’s strategic investments in battery storage and biogas infrastructure position it well in Australia’s energy transition.

Everest Metals Corporation has raised $4 million through a share placement to advance its gold and critical minerals projects in Western Australia, including pioneering rubidium extraction technology.

Core Energy Minerals reports significant rare earth element assay results from initial soil sampling at its Tunas Project in Brazil, with peak TREO values nearing 3,000ppm. The company is set to launch systematic auger drilling to define future targets.

Carnegie Clean Energy launches a $3 million Share Purchase Plan at a 20% discount to fund its pioneering 6 MW CETO wave energy project in Spain and expand its global footprint.

AJ Lucas Group’s UK arm Cuadrilla Resources has settled a long-standing dispute over shale gas licences, receiving £12.5 million and terminating the carry agreement. This resolution clears a financial uncertainty clouding the company’s UK operations.

Sun Silver Limited’s latest re-assays from its Nevada Maverick Springs Project reveal extensive antimony mineralisation, reinforcing the potential for a maiden resource estimate and highlighting the project’s strategic importance in critical minerals.

Tali Resources has commenced drilling across multiple high-priority prospects in the West Arunta, leveraging its dominant land position and a strong cash balance to explore for Tier-1 copper and critical metal deposits.

Hazer Group has filed patents for a breakthrough graphite purification process that could unlock access to the lucrative battery materials market amid tightening global supply. This innovation positions Hazer to meet surging demand for high-purity graphite essential for lithium-ion batteries.

Southern Cross Electrical Engineering has announced over $110 million in new and renewed contracts, reinforcing its position in Australia’s infrastructure services and manufacturing sectors.

SGH Ltd reported solid FY25 results with EBIT rising 8% to $1.54 billion, supported by strong performances in Boral and WesTrac, alongside a 49% surge in operating cash flow. The company projects continued earnings growth in FY26 amid disciplined capital management and operational improvements.

SGH Ltd reported a solid 12.6% rise in net profit for FY2025 alongside a dividend increase, reflecting steady growth despite key asset sales. The company’s net tangible asset backing per share surged, signaling strengthened balance sheet resilience.

AXP Energy has raised A$2.7 million through a two-tranche placement to expand its innovative gas-to-power-bitcoin mining operations and accelerate oil and gas drilling activities in Oklahoma.