Latest Energy News

Echelon Resources delivered a robust Q4 2024, driven by standout drilling results at Mereenie and a 23% rise in Amadeus production receipts, underpinning a strong financial position.

Aurora Energy Metals has executed a landmark Option Agreement with Eagle Energy Metals for its flagship Aurora Uranium Project, unlocking up to US$26 million in share consideration and retaining significant exposure through a 40% equity stake. The company also reports improved uranium recovery rates and strategic expansion into Western Australia.

Aeris Environmental Ltd reported a 5% revenue increase to $766,000 in the December 2024 quarter, driven by strong margins and momentum in its AerisTech joint venture. The company’s expanding customer base and strategic partnerships signal promising growth in smart building solutions and consumables.

Vertex Minerals has completed construction and begun commissioning of its Gravity Gold plant at the Reward Gold Mine, supported by significant capital raises and strategic hires.

Red Metal Limited's December 2024 quarterly report reveals a landmark rare earth discovery at its Sybella Project, alongside advancing multiple base metals and gold targets across Australia. The company is progressing towards a mine scoping study while preparing for further drilling and metallurgical testing in 2025.

KGL Resources has reported a significant 17.4% increase in its Jervois Mineral Resource Estimate, supported by strong drilling results, while navigating a leadership change with its CEO stepping down.

Diatreme Resources has made significant strides in its silica sand ventures, signing a non-binding offtake MOU with Mitsui & Co and enhancing its leadership team. The company also reports strong cash reserves and ongoing environmental and community engagement efforts.

Po Valley Energy Limited reports a robust December 2024 quarter marked by rising gas production, strong revenue growth, and significant progress in exploration and development across its Italian assets.

Metgasco’s Q4 2024 report reveals a striking 105% surge in gas revenue driven by production optimisation at the Odin field, alongside a 45% increase in net proved and probable reserves following an independent assessment.

Australian Vanadium Limited reports significant progress in its integrated vanadium supply chain, including government approvals, Project Lumina development, and successful vanadium flow battery deployment.

dorsaVi reported a modest 1.9% rise in sales revenue to $330k in Q2 FY25, launched its AI-powered Video AI movement analysis platform, and initiated a blockchain integration partnership to enhance data security.

Comet Ridge has made significant strides in its Mahalo Gas Hub development, approving upstream FEED and progressing pipeline connections, supported by a strong cash position of $19.3 million. These developments position the company to address Australia's tightening east coast gas market.