Latest Energy News

Morella Corporation has expanded its critical minerals portfolio by acquiring the Dixon Well Project in Western Australia, confirming significant titanium mineralisation with assays up to 17.0% TiO2. This move diversifies Morella’s assets beyond lithium and rubidium into a mineral critical for aerospace and defence industries.

Monadelphous Group Limited has secured $220 million in new construction contracts in Western Australia's Pilbara region, partnering with mining giants BHP and Fortescue. These projects underscore the company's growing footprint in resource sector infrastructure and decarbonisation efforts.

RareX has locked in a A$50 million equity funding facility with GEM Global Yield to back its Mrima Hill rare earths project in Kenya, contingent on project approval. This deal strengthens RareX’s international partnerships and provides flexible capital to advance its development plans.

AXP Energy has successfully reached the target depth in its Charlie #1 well, revealing over 290 feet of promising oil and gas shows across multiple formations. The company is now preparing for detailed logging to assess commercial viability.

Amplitude Energy has successfully raised $131 million through an institutional entitlement offer and placement, positioning itself to accelerate growth projects including the Nestor prospect and Patricia Baleen restart.

Anson Resources has inked a definitive offtake agreement with LG Energy Solution for battery-grade lithium carbonate from its Paradox Basin project, marking a significant step toward commercial production and market validation.

Livium’s Envirostream has extended its battery recycling contract with LG Energy Solution to 2029, expanding its scope to include end-of-life residential lithium-ion batteries across Australia.

Jade Gas Holdings has secured a landmark five-year LNG sales agreement with UB Metan LLC, Mongolia’s largest natural gas importer, marking a pivotal step in its South Gobi coal bed methane project development.

Deterra Royalties has agreed to sell its non-core gold offtakes and royalties to Vox Royalty Corp for US$60 million, marking the completion of its divestment of Trident-acquired assets and reinforcing its strategic focus on base and battery metals.

Brookside Energy has announced a new Area of Interest in the Anadarko Basin, targeting thick, liquids-rich reservoirs with promising economic returns and significant reserves growth potential.

QEM Limited’s trading suspension has been lifted following the release of metallurgical testwork results for its Julia Creek Vanadium and Energy Project, signaling renewed investor interest.

QEM Limited’s latest metallurgical tests have upended key assumptions of its 2024 Julia Creek Scoping Study, prompting a strategic review amid a tough vanadium market. The company now questions the viability of direct kerogen flotation for vanadium recovery and shifts focus to capital preservation and project reassessment.