Latest Renewables News

The Calmer Co. International Limited has reported a remarkable surge in sales and cash receipts for the first half of FY25, exceeding the entire FY24 sales. Alongside a strategic CEO transition and factory upgrade, the company is sharpening its focus on profitable growth and cost control.

Insignia Financial has received a second revised indicative proposal from Bain Capital to acquire the company at A$4.60 per share, matching a rival bid and signaling a competitive acquisition process.

Icetana Limited reports a challenging December quarter with declining revenues but secures significant new contracts and launches a fully underwritten $2.65 million rights issue.

Mandrake Resources has announced a significant maiden Inferred Resource of 3.3 million tonnes of Lithium Carbonate Equivalent at its Utah Lithium Project, alongside securing a US$1 million grant from the US Department of Energy to support further exploration and development.

Accelerate Resources Ltd has launched a new gold-focused strategy with the acquisition of a 70% interest in the Kanowna East Gold Project, located near major gold mines in Western Australia. The move positions the company to leverage significant historical gold intercepts and nearby processing infrastructure.

Vulcan Energy has successfully closed its Share Purchase Plan, raising approximately A$8 million through the issuance of over 1.3 million new shares, following a major institutional placement. This capital injection supports the company’s pioneering lithium and renewable energy projects in Europe.

Contact Energy's December 2024 report reveals a nuanced performance with slightly lower mass market sales but stronger netback prices and significantly reduced generation costs, underscoring operational efficiencies amid evolving market dynamics.

Contact Energy has secured a pivotal gas supply contract with OMV for the Pohokura field, ensuring fuel for its gas peaking units through 2032 despite soaring gas prices and operational costs.

Titanium Sands Limited confirms that retention applications for its lapsed Orion Exploration Licences are approved in principle, with formal renewals pending amid Sri Lankan regulatory delays. The company remains confident in progressing its Mannar Island Project and securing necessary environmental and mining approvals.

Etherstack has landed its eighth contract deploying digital radio technology for the world's largest iron ore producer in Western Australia, reinforcing its foothold in a critical mining communications sector.

Element 25 Limited has completed an updated feasibility study for its Butcherbird manganese project, targeting a 1.1 million tonnes per annum production over an 18.3-year mine life with robust economic returns and strategic ties to EV battery markets.

Viridis Mining and Minerals has announced a substantial upgrade to its Colossus Ionic Adsorption Clay Rare Earth Element Project, reporting a 140% increase in its JORC-compliant Mineral Resource Estimate. This positions Colossus as the largest and highest-grade IAC rare earth resource globally, with significant implications for the rare earth sector.