Latest Sustainability In It News

Syrah Resources has been awarded a US$165 million tax credit under the US Inflation Reduction Act to support the expansion of its Vidalia active anode material facility in Louisiana, potentially increasing production capacity to 45ktpa.

Unith Ltd has strengthened its financial position through a partial divestment in AudioStack while renewing a key public health contract and achieving its highest B2C subscription revenue in two years.

Pointerra has won a US$2 million contract extension from the US Department of Energy to expand its hurricane impact analysis program, leveraging its Pointerra3D digital twin technology to enhance electric grid resilience across North America.

Antilles Gold Limited has declared a maiden Probable Ore Reserve of 1.76 million tonnes at the Nueva Sabana copper-gold project in Cuba, supported by a comprehensive Pre-Feasibility Study outlining strong financial metrics and a clear path to production.

Renergen has confirmed ongoing LNG production and helium liquefaction at its Phase 1 plant, addressing recent share price volatility and outlining plans to boost capacity through additional wells.

FBR Limited has received a substantial A$6.3 million R&D tax incentive rebate from the Australian Taxation Office, strengthening its financial position as it wraps up its US Demonstration Program with additional funding from CRH Ventures.

PhosCo has formally secured the Sekarna phosphate exploration permit in Tunisia, marking the first time the Tunisian Government has granted a phosphate permit 100% to a foreign investor. This milestone follows the recent approval of the Gassaat project and a strategic MoU with Tunisian authorities and the EBRD.

QMines has completed a 5,034m drilling program at Develin Creek, delivering strong high-grade copper, zinc, gold, and silver results at the Scorpion and Window deposits. An updated mineral resource estimate is expected in Q1 2025, potentially extending mine life at Mt Chalmers.

Barton Gold has secured a $2.4 million R&D tax refund for FY2024, significantly enhancing its cash reserves and accelerating its exploration programs in South Australia’s emerging gold province.

Polymetals Resources is advancing steadily towards restarting production at its high-grade Endeavor silver-zinc mine, fully funded and on track for first output in the first half of 2025.

Peninsula Energy has appointed George Bauk as its new Managing Director and CEO, marking a strategic leadership transition aimed at capitalising on a resurging uranium market and expanding production at the Lance Project.

Galan Lithium has secured the full Phase 2 mining permit for its Hombre Muerto West project, enabling a production scale-up to 21,000 tonnes per annum of lithium carbonate equivalent. Positioned in the lowest cost quartile, this milestone cements Galan’s role as a key player in the global lithium market.