Latest Utilities News

Medallion Metals has partnered with global commodity trader Trafigura to secure up to US$50 million in funding and a 7-year copper and gold offtake agreement, advancing its Ravensthorpe Gold Project development.

OpenLearning Limited reports a strong Q3 FY25 with SaaS ARR up 27% year-on-year and a successful $2.6 million capital raise, positioning the company for cash flow breakeven within 18 months.

AML3D Limited reported steady quarterly receipts alongside a landmark US Navy Letter of Intent and significant orders, underpinning a major growth phase in the US and Europe.

Minbos Resources advances its Cabinda phosphate fertilizer project with key funding restructures, minority shareholder buyouts, and the start of early mining operations. Strategic partnerships and construction milestones position the company for growth despite funding delays.

Spectur Limited has successfully raised $2.3 million through a premium-priced placement to fast-track its AI Cloud Platform and sovereign cloud capabilities, alongside notable board changes ahead of its AGM.

Deep Yellow Limited reports significant progress on its flagship Tumas Project in Namibia, highlighted by promising high-grade uranium discoveries at the S-Bend prospect and steady advancement of infrastructure and engineering works. Meanwhile, leadership changes and a robust cash position set the stage for the company’s next growth phase.

Starpharma has secured a $5.5 million upfront payment from Genentech as part of a new collaboration to develop dendrimer-drug conjugates targeting cancer therapies. The partnership includes potential milestone payments exceeding half a billion dollars and tiered royalties.

Credit Clear Limited has agreed to acquire UK debt collector ARC Europe for A$10.9 million, backed by a $20.75 million institutional placement led by Chair Paul Dwyer. The deal aims to accelerate growth by integrating Credit Clear’s digital platform into ARC’s established UK operations.

Service Stream has delivered a robust FY25 performance with revenue growth, record profits, and a landmark $1.6 billion Defence contract, setting the stage for continued expansion.

Aura Energy has made significant strides in funding and development of its Tiris Uranium Project in Mauritania, while legislative progress in Sweden could unlock value at its Häggån Polymetallic Project. Rising uranium prices and secured offtake agreements underpin a positive outlook.

AML3D has landed a $4.5 million contract to supply two custom ARCEMY metal 3D printing systems to Newport News Shipbuilding, marking a significant expansion in the US defense manufacturing sector.

Bannerman Energy reports solid progress at its Etango Uranium Project, securing initial offtake agreements and maintaining robust financial health as it targets a Final Investment Decision within the next year.