Latest Renewables News

Aruma Resources is set to launch a 2,000-metre aircore drilling campaign at its Salmon Gums Gold Project, aiming to unlock new high-potential gold prospects identified through recent geological reinterpretations.

Tempest Minerals has signed a Memorandum of Understanding with Green Steel and Iron to develop a $3 billion hot briquette iron processing hub near its Yalgoo Project, aiming to supply high-grade magnetite for green steelmaking.

Micro-X Ltd has announced a $6 million capital raising alongside a $2.4 million strategic investment from Billion Prima, underpinning its pivot towards medical imaging and cashflow stability.

Eureka Group Holdings has acquired a mixed-use residential park in Gladstone, marking its strategic entry into the all-age rental market with promising yield and expansion potential.

Blackstone Minerals Limited has had its trading suspension lifted following a key announcement about a proposed merger, signaling renewed market interest.

Blackstone Minerals is set to merge with IDM International, combining expertise and local presence to advance exploration of the world-class Mankayan copper-gold porphyry project in the Philippines.

Blackstone Minerals has entered a binding scheme to acquire IDM International, securing the world-class Mankayan Copper-Gold Project in the Philippines. This merger positions Blackstone as a significant player in critical energy transition metals with promising exploration upside.

Magellan Financial Group reported a stable funds under management (FUM) figure of A$39.1 billion for January 2025, with flat flows across both retail and institutional segments.

Beach Energy has reported a robust 15% increase in production and a 37% rise in underlying NPAT for the first half of FY25, underpinned by operational improvements and strategic initiatives. The company also announced a 50% increase in its interim dividend, signaling strong confidence in its financial outlook.

Loyal Lithium unveils a strategic pivot to broaden its North American lithium and battery technology portfolio, leveraging new US energy policies and $5.5 million in funding to capitalize on the continent’s evolving energy grid demands.

Australian Foundation Investment Company Limited has extended its on-market buy-back facility for another year, updating broker details and increasing the maximum shares to be repurchased as part of ongoing capital management.

Whitebark Energy has locked in a $2 million placement to fund its acquisition of King Energy, positioning itself at the forefront of Australia's emerging white hydrogen and helium sectors.