Latest Climate Change News

Comet Ridge Limited has obtained federal environmental approval for its Mahalo North natural gas project, paving the way for expanded development in Queensland’s Bowen Basin. This milestone complements recent ownership consolidation and state approvals, positioning the company to boost east coast gas supply.

Fidante Partners Limited has issued a replacement Product Disclosure Statement for the Ardea Real Outcome Bond Complex ETF, reducing transaction costs while maintaining its core investment strategy and fee structure.

Tower Limited has reported a record underlying profit for FY25, driven by improved claims ratios, customer growth, and strategic initiatives including expanded risk-based pricing. The insurer declared increased dividends and outlined a positive growth outlook for FY26.

White Energy Company Limited has launched a 5-for-12 partially underwritten entitlement offer at $0.027 per share, aiming to raise approximately $3.5 million to fund mineral exploration and corporate needs. Major shareholders and directors have committed to participate, while the offer excludes ineligible shareholders and related parties.

Ausgold Limited’s Katanning Gold Project has been fast-tracked through Western Australia’s new Priority Approvals Program, marking a key step toward a mid-2026 Final Investment Decision.

Orica Limited reported a 6% increase in revenue to AUD 8.14 billion and a 23% rise in EBIT to AUD 992.2 million for FY2025, alongside record safety performance and significant strides in decarbonisation.

National Australia Bank reported a 1.2% revenue increase to $20.872 billion in FY25, while net profit dipped 2.9% to $6.759 billion. The bank highlighted progress in customer-centric strategy, technology modernization, and sustainability initiatives.

Trading in the Munro Climate Change Leaders Fund Active ETF (MCCL) has been temporarily halted pending a forthcoming announcement, raising questions about the fund’s near-term outlook.

Medallion Metals has advanced its Ravensthorpe Gold Project to the final stage of environmental assessment under the EPBC Act, with a decision expected by December 2025. This milestone is crucial for progressing its sulphide production strategy alongside ongoing state permits and a proposed acquisition.

Comet Ridge has made significant progress in its Mahalo Gas Hub development, advancing engineering design and securing independent certification of substantial gas reserves. The company is moving closer to a Final Investment Decision amid ongoing regulatory and commercial negotiations.

LGI Limited has launched a $5 million Share Purchase Plan offering eligible shareholders in Australia and New Zealand the chance to buy additional shares at a slight discount. The capital raise aims to fund the acceleration of key renewable energy projects.

Delorean Corporation has transitioned to the operations and maintenance phase at its $53 million Yarra Valley Water bioenergy facility, marking a key milestone in its renewable energy expansion.