Latest Fuel Supply News

Western Mines Group Ltd (ASX:WMG) has released assay results from three Phase 4 reverse circulation drill holes at its Mulga Tank Project, confirming broad zones of nickel sulphide mineralisation with notable high-grade intervals. Drilling continues amid weather and fuel supply challenges.

Ramelius Resources (ASX: RMS) reported gold production of 38,093 ounces for the March 2026 quarter, maintaining FY26 guidance at the midpoint. The company progressed key projects including early Never Never ore delivery and completed A$110.2 million in share buybacks.

Capricorn Metals delivered 30,358 ounces of gold in Q3 FY26 at the Karlawinda Gold Project, aligning with its mine plan and progressing the Karlawinda Expansion Project with peak construction activity.

Channel Infrastructure is partnering with the New Zealand Government to rapidly expand diesel storage capacity at Marsden Point, aiming to strengthen fuel supply resilience within two months.

Global Laser Enrichment has secured a US$98.9 million incentives package from Kentucky authorities to advance the Paducah Laser Enrichment Facility, marking a major milestone in the US nuclear fuel cycle. This support, alongside a US$28.5 million Department of Energy award, underlines the growing momentum behind Silex Systems’ laser uranium enrichment technology.

The Australian Government has increased financial support thresholds for Viva Energy’s Geelong Refinery, reflecting rising operating costs and reinforcing domestic fuel security through the decade.

Ampol has welcomed key amendments to the Fuel Security Services Payment scheme and postponed refinery maintenance to increase domestic fuel production amid global supply disruptions.

NexGen Energy has received the last federal approval needed to start construction on its Rook I uranium project in Saskatchewan, set to become the globe’s largest and most environmentally advanced uranium mine.

Global Uranium and Enrichment Limited has been fully acquired by Snow Lake Resources through a share and option scheme, leading to GUE's imminent delisting from the ASX.

AGL Energy reported a steady first half with flat underlying EBITDA and a narrowed FY26 earnings outlook, while accelerating its renewable projects and forming a strategic partnership with Aussie Broadband.

Saunders International has landed a $16.4 million contract to refurbish a fuel storage tank at Ampol’s Lytton Refinery, reinforcing its role in Australia’s energy infrastructure upgrades.

Channel Infrastructure has reported a 3.9% increase in fuel throughput for Q4 2025, marking its highest quarterly volume since import terminal operations began. Key infrastructure projects are progressing ahead of schedule, positioning the company strongly for future growth.