Latest Winding Up News

The Environmental Group's subsidiary EGL Baltec has landed a $9.3 million contract to supply critical gas turbine exhaust systems for an 800MW power plant in the Dominican Republic, reinforcing its role in renewable energy support.

Livium Ltd has entered a binding term sheet with Iondrive Limited to collaborate on recycling end-of-life solar panels, lithium-ion battery black mass, and rare earth magnets using Iondrive’s innovative Deep Eutectic Solvent (DES) technology. This partnership aims to position both companies at the forefront of Australia’s emerging clean energy waste recycling market.

Victory Metals Limited has reported exceptional heavy rare earth element assay results from its North Stanmore Project, revealing some of the highest Dysprosium and Terbium grades ever recorded in clay-hosted deposits globally.

Next Science has finalised the sale of nearly all its assets to OSARTIS GmbH for US$50 million, with plans to return approximately US$30 million net proceeds to shareholders following legal and tax review.

Northern Minerals has completed a Definitive Feasibility Study for its Browns Range Heavy Rare Earths Project, confirming its technical and financial viability as a critical new source of dysprosium and terbium outside China.

Ionic Rare Earths has launched a $7 million capital raise through a renounceable rights issue and placement, aiming to accelerate its magnet recycling projects and expand operations internationally.

Leo Lithium announces it will return remaining funds from the Goulamina sale to shareholders and delist from the ASX on 22 September 2025, following a strategic review and lack of suitable acquisitions.

Meridian Energy's August 2025 report reveals a decline in hydro storage levels alongside a notable increase in electricity demand and retail sales, highlighting operational challenges and market dynamics.

Livium Ltd has inked a term sheet with the University of Melbourne to exclusively commercialise innovative microwave technology for rare earth elements extraction, promising high recovery rates and major energy savings.

Novatti Group has offloaded its Emersion business to CGP Equity for $500,000, marking a strategic pivot to concentrate on its core payments infrastructure in Australia and New Zealand.

Nanoveu’s subsidiary EMASS has demonstrated a remarkable leap in drone endurance using its ECS-DoT ultra-low-power AI chip, achieving average flight time extensions of 60% across multiple drone types in over 300 simulated trials.

Iondrive Limited has secured a binding agreement with Colt Recycling LLC to test its innovative deep eutectic solvent technology for recovering rare earth elements from electronic waste, aiming to scale operations in North America.