Latest Energy Transition News

Vulcan Energy Resources reported a robust cash position of €97 million at the end of 2024 despite significant cash outflows driven by exploration and development activities. The company’s strong liquidity is supported by unused financing facilities, positioning it well for upcoming operational demands.

Vulcan Energy has marked a pivotal quarter with major capital raises, strategic partnerships, and the commencement of Europe’s first fully integrated battery-quality lithium hydroxide production.

Volt Group Limited reported a robust 20% increase in FY24 revenue receipts, driven by strong EcoQuip growth and strategic contract wins, while advancing its zero-emission ATEN technology with promising trials underway.

Carnegie Clean Energy has secured significant funding and made key progress in its ACHIEVE Programme, setting the stage for CETO wave energy deployment in the Basque Country in 2025.

Morella Corporation reports significant rubidium and lithium mineralization at its Mt Edon and West Wodgina projects, backed by a successful A$1.4 million capital raise to accelerate exploration in Australia and Nevada.

Strike Energy has taken a final investment decision on its South Erregulla 85 MW peaking gas power station and confirmed significant gas discoveries at Erregulla Deep and Walyering East-1, positioning the company for growth amid a strategic leadership transition.

NH3 Clean Energy has made significant strides in its WAH2 Project, finalising critical commercial agreements and progressing technical work ahead of Front End Engineering and Design (FEED) entry scheduled for Q1 2025. The company also completed a capital raise to support these developments.

HyTerra Ltd has solidified its position in the emerging white hydrogen sector with a strategic A$21.9 million investment from Fortescue and significant expansion of its Nemaha Project acreage in Kansas. Preparations for a major drilling campaign are underway, signaling accelerated exploration activity in 2025.

Pioneer Lithium Ltd has strategically acquired two uranium projects in Colorado and Namibia, marking a significant diversification into critical energy minerals. The company plans a A$1.675 million equity raise to fund exploration and development of these promising assets.

Kingsrose Mining, in alliance with BHP, reports promising high-grade copper and polymetallic discoveries in Norway and Finland, advancing one of Europe’s largest exploration programs.

A1 Investments & Resources Ltd reported a modest cash outflow for Q1 2024 while actively pursuing renewable energy acquisitions in Japan and Australia, contingent on regulatory approvals and shareholder consent.

GTi Energy has completed drilling two of three groundwater monitoring wells at its Lo Herma ISR Uranium Project, progressing critical infrastructure ahead of aquifer testing and resource development.