Latest Energy News

Westpac Banking Corporation reported a robust $1.9 billion net profit for 3Q25, driven by growth in business banking and a strong capital position. The bank advances its transformation agenda while enhancing customer security and service.

HomeCo Daily Needs REIT posted solid FY25 results with growth in funds from operations and distributions per unit, underpinned by strong portfolio valuation and operational metrics. The REIT’s FY26 guidance signals continued growth supported by a robust development pipeline and disciplined capital management.

Tamboran Resources has achieved a landmark agreement with Native Title Holders and the Northern Land Council, enabling the sale of appraisal gas from the Beetaloo Basin. This paves the way for first gas delivery from the Shenandoah South Pilot Project by mid-2026, supporting Northern Territory energy security.

Talga Group has launched Talnode-R, a recycled graphite anode product derived from lithium-ion battery waste, aiming to transform battery supply chains with sustainable, modular production.

Perpetual Resources has reported multiple large-scale lithium pegmatite intersections at its Igrejinha Project in Brazil, highlighted by a significant >40m intercept with visible spodumene. Assay results are awaited to confirm the discovery's potential.

Critica Limited has confirmed that its Jupiter Project in Western Australia hosts the country’s largest and highest-grade magnet rare earth clay-hosted resource, with 640 million tonnes at 490 ppm MREO. This milestone underscores Jupiter’s strategic potential in supplying critical rare earths essential for clean energy technologies.

Thor Energy has completed the sale of a 75% stake in its US uranium and vanadium projects to Metals One PLC, receiving £1 million in shares and a cash exclusivity payment. This deal allows Thor to focus on its hydrogen and helium ambitions while Metals One takes operational control.

ASB’s full-year profit slipped slightly despite solid growth in home and business lending, as the bank invests heavily in technology and housing initiatives.

Rapid Critical Metals has secured a major exploration licence in New South Wales, expanding its landholding 26-fold and strengthening its position in a prolific silver district. This move connects its Webbs Silver Project with Lode Resources’ assets, setting the stage for new discoveries.

OD6 Metals has successfully produced high-quality rare earth products from its Splinter Rock project, positioning itself for premium market payability and strategic global partnerships.

AGL Energy’s FY25 results show a strategic pivot with $900 million invested in battery projects despite a 9% EBITDA decline, setting the stage for a flexible energy future.

Dexus Industria REIT reported robust FY25 financials, marked by resilient income growth and strategic portfolio repositioning to 100% industrial assets. Key acquisitions and divestments, alongside a $230 million development pipeline, position the REIT for sustained growth.