Latest Renewables News

Origin Energy reported a rise in statutory and underlying profits for FY25, driven by strong LNG trading gains that balanced softer Energy Markets earnings. The company also increased its fully franked dividend and outlined a positive outlook for FY26.

Origin Energy reported a 6% rise in full-year profit to $1.48 billion, driven by LNG trading gains and operational resilience, while advancing key renewable projects and battery storage developments.

Telstra Group Limited has announced an additional $1 billion on-market share buy-back following a recent $750 million program, underscoring its strong financial position and commitment to shareholder returns.

Telstra Group Limited reported solid financial growth for FY25, completing its T25 strategy and launching a new five-year Connected Future 30 plan focused on connectivity and AI innovation.

Ballymore Resources has initiated a 30-day induced polarisation survey at the historic Andromache copper-gold prospect, backed by a $150,000 government grant, aiming to reveal deeper copper sulphide mineralisation and advance its Dittmer Project exploration.

Vitasora Health has expanded its partnership with Tampa Family Health Centers to deliver chronic care and remote monitoring services to 7,000 Medicaid patients, unlocking over US$4 million in annual revenue. This marks a pioneering step for Florida’s largest Federally Qualified Health Center in adopting value-based care for underserved communities.

Thor Energy has completed the sale of a 75% stake in its US uranium and vanadium projects to Metals One PLC, receiving £1 million in shares and a cash exclusivity payment. This deal allows Thor to focus on its hydrogen and helium ambitions while Metals One takes operational control.

Global Lithium Resources has finalized a Native Title Mining Agreement with the Kakarra Part B Native Title Group, unlocking the path for its Manna Lithium Project's development and operational progress.

OD6 Metals has successfully produced high-quality rare earth products from its Splinter Rock project, positioning itself for premium market payability and strategic global partnerships.

Dexus Industria REIT has upgraded its FY25 financial guidance, reporting strong profit growth and advancing its transition to a focused industrial portfolio. The REIT’s robust leasing activity and development pipeline underpin a confident outlook for FY26.

AGL Energy reported a statutory loss for FY25 but maintained solid underlying profits, while setting ambitious growth and sustainability targets for FY26. The company’s evolving strategy highlights investments in battery storage and renewable capacity as it adapts to market challenges.

Evolution Mining has delivered a landmark FY25 with soaring profits, a hefty dividend boost, and strong sustainability gains, setting the stage for continued growth in FY26.