Latest Power News

IperionX says its GenX continuous titanium furnace processed more than 500 kilograms of powder while using substantially less power, magnesium and hydrogen than batch HAMR production. The results strengthen the case for an industrial-scale line, although further optimisation and engineering work are still required.

Talga has signed a non-binding LOI with German battery maker EAS Batteries for a potential five-year supply agreement covering Talnode graphite anode products. No volumes or purchase obligations have been agreed, with product qualification and negotiations now scheduled to run into 2027.

Li-S Energy says its Geelong lithium-sulfur production line is complete and has delivered 10Ah Power Cells to the US Army for testing. The company is targeting its first commercial battery sale in 2027, while holding A$15.6 million in cash and investments and A$9.3 million in secured grants yet to be received.

Infratil has raised FY27 earnings guidance as data-centre demand accelerates across CDC and Longroad, with AI infrastructure now representing 73% of its NZ$22 billion asset base. The company is also sharpening its strategy around scaled growth platforms, contracted cash flows and selective new investments.

Carbonxt says an expanded order from its largest customer, Wisconsin Public Service, will help drive FY27 revenue more than 33% above FY26. The uplift comes before any contribution from the company’s Kentucky facility, but a two-week production disruption will weigh on the September quarter.

Element 25 has started early site works at its Butcherbird Expansion Project in Western Australia, preparing the ground for a planned 1.1Mtpa manganese operation. The milestone shifts the project from planning towards physical construction, although the main construction package is yet to be awarded.

Sparc Technologies has reported a 25% reduction in corrosion creep after adding HydroGraph’s Fractal Graphene to its ecosparc protective coating. The result strengthens the commercial case, but a definitive supply agreement remains conditional on longer testing due in November.

Latrobe Magnesium is shifting its growth priority to a proposed 50 ktpa magnesium plant in South Carolina, backed by 32 ktpa of non-binding customer interest and a 20-year feedstock agreement. The project carries substantial indicative economics, but still needs funding, site acquisition, feasibility work, permits and binding offtake contracts.

Gold Mountain has returned thick, shallow rare earth intersections at Capivara, including 8 metres at 1,513 ppm TREO, while several auger holes ended near mineralisation. The company now plans deeper drilling to determine whether the strongest results continue through the saprolite profile.

Meridian Energy’s generation rose 21.1% year on year in August as strong hydro and wind conditions pushed national storage to 155% of historical average. But average generation prices fell 62.3%, highlighting the tension between abundant supply and weaker market pricing.

True North Copper expanded its copper growth pipeline in FY26, but the annual report makes clear that exploration momentum still depends on fresh capital. The company ended the year with A$7.1 million in cash and a A$7.5 million Mt Oxide payment due in December.

Regal Asian Investments delivered a 3.2% net portfolio return in August, lifting its 12-month performance to 36.4% despite continued volatility across Asian equities. The listed investment company’s shares ended the month at a 14.3% discount to post-tax NTA, while its buy-back and fully franked dividend continued.