Latest Energy Transition News

NH3 Clean Energy has signed a pivotal Memorandum of Understanding with Japan’s ITOCHU Corporation to develop clean ammonia bunkering operations in Western Australia’s Pilbara region and across the Asia Pacific by 2030.

Enova Mining’s latest auger drilling results at CODA East and Central in Brazil reveal widespread, near-surface deposits of titanium oxide, rare earth elements, and niobium, underscoring the project’s growing strategic importance.

Prospech Limited has launched a 1,600-metre diamond drilling campaign at its Korsnäs rare earth element project in Finland, supported by promising passive seismic survey results that highlight potential new mineralised zones.

Global Lithium Resources has released a Definitive Feasibility Study for its Manna Lithium Project, confirming robust financials and a long mine life in Western Australia. The study sets the stage for a Final Investment Decision in 2026 amid improving lithium market conditions.

Greenvale Energy has raised approximately AUD 856,000 through an oversubscribed Share Purchase Plan, strengthening its uranium exploration efforts in Queensland and the Northern Territory.

Vulcan Energy Resources has raised €398 million through a fully underwritten institutional placement and entitlement offer to fund the construction and commissioning of its Lionheart lithium project, marking a pivotal step from development to execution.

WestStar’s subsidiary SIMPEC has landed a $4.5 million contract to modify Fortescue’s Solomon Power Station, supporting the energy giant’s transition to renewables in the Pilbara.

QPM Energy Limited has announced a $30 million equity raise to support the development of its Isaac Power Station, advancing toward a final investment decision in March 2026 and commissioning by mid-2027. The funding package, complemented by a $113.7 million lease agreement and a $40 million convertible note, underpins a project poised to strengthen Queensland’s energy transition.

Lithium Energy Limited has initiated a crucial new drilling program at its Solaroz Lithium Brine Project in Argentina, backed by a major stakeholder preparing to acquire full ownership.

DevEx Resources has announced a $35 million capital raise to fund key uranium tenement acquisitions and an aggressive 2026 exploration campaign in the Northern Territory’s Alligator Rivers Uranium Province.

Vulcan Energy Resources has locked in full financing for its Phase One Lionheart project, marking a pivotal step toward producing carbon-neutral lithium hydroxide in Germany by 2028. The €2.2 billion package combines debt, equity, and government grants, underpinning robust project economics and strategic partnerships.

Vulcan Energy has awarded a €72 million EPCM contract to a Sedgman and HOCHTIEF joint venture for its Phase One Lionheart Project, aiming to produce 24,000 tonnes of lithium hydroxide annually to fuel half a million electric vehicles.