Latest Renewables News

Atlantic Lithium has reported a year of major progress at its Ewoyaa lithium project, including Ghanaian parliamentary approval of its mining lease and a proposed US$210 million takeover by Zhejiang Huayou Cobalt. But the audited accounts also flag material uncertainty over funding if the scheme does not proceed.

Vanadium Resources has secured an oversubscribed A$1.0 million placement to advance studies, site work, offtake discussions and project financing for its planned V-Iron Plant in South Africa. The raise gives VR8 fresh development capital, but the project still depends on a scoping study, binding commercial agreements and a much larger funding package.

Vulcan Energy has secured a second lithium production licence for its Lionheart project in Germany, removing another regulatory milestone on the path to targeted production in 2028. The Ilka licence is initially valid for six years, leaving a future consolidation and extension process still to complete.

Image Resources has expanded the Mineral Resource at its Durack mineral sands project by 43% to 37.7 million tonnes, while lifting contained heavy minerals and zircon content. The upgraded estimate gives the company a stronger technical base for an economic evaluation due later in 2026, although changes to the cut-off and mineral definitions complicate direct comparisons.

Unity Metals has identified a series of demagnetised zones across more than 6km at its O’Phlay project in Cambodia, using drill-core data to refine targets for additional gold mineralisation. The company plans at least 22 holes across several prospects from early October.

X2M Connect has signed a non-binding five-year partnership with Ethical Development Fund Australia to pursue a 20MW to 45MW GPU data centre and renewable energy precinct in North Queensland. The opportunity could generate both infrastructure delivery revenue and recurring platform fees, but remains subject to binding project agreements, funding and approvals.

Nine Entertainment has extended its Australian Premier League streaming and broadcast rights through the 2033-34 season, securing a major audience driver for Stan Sport. The deal carries an expected rights-fee increase of about 3% a year, while Nine says changes to legacy Optus discounts and other initiatives should offset higher costs.

LE Minerals has confirmed lithium-bearing brines across its White Plains project in Utah, with 12 direct push holes returning grades of up to 114 mg/L at 15 metres. The company will now work towards a maiden JORC Mineral Resource, although five southern auger sites produced no brine and several claims were not renewed.

Metcash delivered $558 million of operating cash flow and 2.8% ex-tobacco sales growth in the first 18 weeks of FY27, but warned that cost inflation, adverse sales mix and tobacco changes will weigh on first-half earnings. The group also expects to spend a further $18 million to $20 million on its Horizon technology program.

Reedy Lagoon has secured a fully underwritten $1.8 million placement that would more than double its shares on issue, while related-party debt is shifted to an interest-free 24-month repayment plan. The recapitalisation also brings a leadership change, with Geof Fethers retiring as managing director and Ish Peries joining the board.

Equus Energy has completed Pre-FEED on its large North West Shelf gas project and signed a conditional 10-year gas sales agreement with Alcoa. But the annual report also shows a $25 million loss, a $12 million rehabilitation provision and substantial funding and permitting hurdles before development can begin.

S&P Dow Jones Indices has announced its September 2026 quarterly rebalance for the S&P/ASX indices, with significant reshuffling across major benchmarks effective before market open on September 21.