Latest Energy News

Shenghe Resources has increased its cash offer to acquire Peak Rare Earths to A$195 million, representing a significant premium and a best and final proposal. The Peak Independent Board Committee unanimously recommends shareholders support the scheme, pending an independent expert's endorsement.

Evolution Energy Minerals has announced that its recent entitlement offer is now fully underwritten by Mahe Capital, with key directors participating as sub-underwriters, removing previous minimum subscription conditions.

Stonehorse Energy has announced the immediate resignation of executive David Deloub following the termination of his services agreement, with the Executive Chairman stepping in to manage operations.

Austal Limited secures a significant US$314 million contract option from the US Coast Guard, advancing the Offshore Patrol Cutter program with orders for three additional vessels.

Red Sky Energy has formalized its 35% interest in Angola’s Block 6/24 following parliamentary ratification of the Risk Service Contract, unlocking access to significant oil resources and advancing its international growth strategy.

Greenvale Energy's maiden drilling at the Oasis Uranium Project in Queensland has revealed multiple high-grade uranium zones, confirming mineralisation continuity and significant depth extensions. These promising results underscore the project's growth potential and position Greenvale as a rising uranium explorer.

Conico Ltd has raised $1.395 million through converting loans to fund exploration at its Mt Thirsty Joint Venture and resolve legal issues tied to its Greenland projects. The company also plans a $1.23 million entitlement offer and a share consolidation ahead of a key shareholder meeting in October.

BPH Global has secured a 12-month Master Services Agreement with Singapore’s Marchwood Laboratory Services to enhance its research on extracting rare earth elements from seaweed, focusing on four critical metals vital to clean energy and technology.

ClearVue Technologies has unveiled its Gen3 Solar Vision Glass, achieving a 66% increase in energy output and a 50% reduction in production time and costs, validated by independent testing. This breakthrough positions the company for accelerated commercial adoption in solar-integrated building materials.

Eclipse Metals has secured a crucial renewal of its Greenland exploration licence, extending its tenure to 2027 and clearing the way toward a mining licence for its rare earth project in a geopolitically strategic region.

Locksley Resources has listed on the Frankfurt Stock Exchange, boosting its profile in Europe while advancing its Mojave critical minerals project in the U.S. The company is also exploring multiple pathways to enter U.S. capital markets and has secured key government registrations.

Lotus Resources has completed a A$65 million placement to bolster its uranium projects in Malawi and Botswana, positioning itself for steady production and future expansion.