Latest Geothermal News

High Peak Royalties finalises the sale of its geothermal subsidiary Torrens Energy to Northstar Energy, gaining significant equity and royalty interests while advancing South Australia's clean energy ambitions.

Venari Minerals reports its highest-grade lithium intersection to date from the Red Mountain Project in Nevada, reinforcing the deposit's scale and quality ahead of a maiden resource estimate.

Contact Energy's November 2025 report reveals increased electricity and gas sales alongside higher generation costs, while significant renewable projects advance on schedule.

Vulcan Energy Resources has raised €398 million through a fully underwritten institutional placement and entitlement offer to fund the construction and commissioning of its Lionheart lithium project, marking a pivotal step from development to execution.

Vulcan Energy Resources has locked in full financing for its Phase One Lionheart project, marking a pivotal step toward producing carbon-neutral lithium hydroxide in Germany by 2028. The €2.2 billion package combines debt, equity, and government grants, underpinning robust project economics and strategic partnerships.

Vulcan Energy Resources has locked in a €2.2 billion financing package to fully fund Phase One of its Lionheart lithium and renewable energy project in Germany, marking a pivotal move from development to construction. The project aims to supply Europe with low-carbon lithium for electric vehicle batteries alongside renewable power and heat.

Vulcan Energy has awarded a €72 million EPCM contract to a Sedgman and HOCHTIEF joint venture for its Phase One Lionheart Project, aiming to produce 24,000 tonnes of lithium hydroxide annually to fuel half a million electric vehicles.

Greenvale Energy Limited has closed its Share Purchase Plan, offering shareholders shares at $0.044 each with free attaching options exercisable at $0.07 until November 2026. The final subscription outcome will be announced on December 4.

Greenvale Energy has partnered with Sunrise Energy Metals’ subsidiary SRL Hot Rocks to advance the Millungera Basin geothermal project through a $5 million Farm-in agreement, unlocking significant clean energy potential in north-west Queensland.

Venari Minerals has reported strong lithium assay results from its October drilling campaign at the Red Mountain Project in Nevada, completing the central zone dataset ahead of a maiden Mineral Resource Estimate expected next month.

Vulcan Energy reports robust drilling results and lithium grade confirmation from its Phase One Lionheart Project wells in Germany, reinforcing confidence in its sustainable lithium production plans.

Contact Energy's October 2025 report reveals rising electricity and gas sales, improved netbacks, and reduced generation costs, supported by robust hydro storage and advancing renewable projects.