Latest Renewables News

Lincoln Minerals says air core drilling has confirmed that mineralisation at Eagle Ridge continues up dip, strengthening the case for a targeted diamond drilling program at Minbrie in the December quarter. The explorer ended September with A$3.085 million in cash after receiving A$2.1 million from equity issues.

ReadCloud exceeded its FY26 underlying EBITDA target while its VET-in-Schools division delivered double-digit growth and entered FY27 with 37 new schools confirmed. The result is tempered by flat eBooks receipts, a modest A$1.9 million cash balance and a seasonally weaker opening quarter.

Rapid Critical Metals has completed maiden drilling at its Prophet River gallium-germanium project, with visible sphalerite and galena logged in all seven holes. The strongest downhole intervals widened at Pad 2, but laboratory assays will determine whether the visual results contain economic zinc, germanium or gallium grades.

Plenti has exceeded its FY27 lending run-rate target early, reporting record quarterly originations of $613 million and an expanded loan portfolio of $3.5 billion. Growth accelerated across renewable energy and personal lending, although higher funding costs and a small rise in credit losses remain important watchpoints.

icetana AI returned to revenue growth in FY26, with sales up 31% to $2.47 million and annual recurring revenue reaching $2.6 million. The company remains loss-making, but entered FY27 with stronger recurring revenue, new distribution channels and $4.79 million in cash.

Argent BioPharma has granted Thai Phytomed International exclusive global commercialisation rights to four cannabis genotypes under a 10-year agreement. The deal preserves Argent’s ownership, but royalties depend on TPI generating profitable sales and securing approvals across multiple markets.

Jacaranda Natural Resources has lodged a replacement prospectus for an $8 million ASX float targeting copper, gold and copper-nickel exploration in Queensland and Botswana. The offer remains conditional, ununderwritten and highly speculative, with the company warning that its ability to continue as a going concern depends heavily on a successful raise.

Maritana Minerals has moved the Black Swan Processing Hub into active construction after securing all statutory process-plant approvals. The gold developer ended September with A$214.5 million in cash, a larger resource base and first gold still targeted for the second half of 2027.

Bubalus Resources will acquire the 494-square-kilometre Skyline copper-gold project in western Tasmania, close to the Mt Lyell mine, in a deal that could reshape its exploration portfolio. Completion depends on an approximately A$2.835 million capital raising, approvals and tenure conditions.

88 Energy has secured more than 80% of the services and long-lead items needed for its planned Augusta-1 well, while several bids have emerged for a South Prudhoe farm-out. The progress comes with A$5.0 million in cash and a reported 2.85 quarters of funding based on current outgoings.

Lightning Minerals has secured A$100,000 in non-dilutive cash and a funded 400-metre drilling commitment by granting Kincora Copper a nine-month option over six Lachlan Fold Belt licences. The deal could deliver another A$350,000, but only if Kincora exercises the option, approvals are obtained and a key tenement is renewed.

Cochlear has reaffirmed FY27 underlying net profit guidance of $330 million to $350 million after a disappointing FY26, while pointing to strong Nexa adoption and progress on fully implantable hearing technology. The company is cutting fixed costs and expanding medical referral pathways as it seeks to convert a large pool of untreated adult hearing loss into growth.