Latest Sustainability In It News

The XRG Consortium has withdrawn its indicative proposal to acquire Santos Limited, highlighting unresolved regulatory and risk allocation issues. Santos remains confident in its growth strategy, driven by key projects set to boost production and shareholder returns.

AssetOwl Limited has increased its funding facility with Pacific Equity Investors Inc from $700,000 to $1 million, enhancing its financial flexibility to support recent contract wins.

Central Petroleum Limited has reported a robust 43% increase in underlying EBITDAX for FY2025, alongside its inaugural on-market share buy-back, signaling confidence in its strengthened financial footing and growth prospects.

Tambourah Metals has announced the immediate departure of CEO and exploration manager Terry Topping, while reaffirming its strong funding position to continue advancing its gold and critical minerals projects.

Carnegie Clean Energy has addressed a sharp rise in its share price and trading volume, attributing the movement to growing interest from US investors amid its wave energy ventures.

CloudHolter Pty Ltd reported a substantial $39.7 million net loss for FY2025 amid ongoing cash outflows but continues to raise capital through convertible notes as it targets an IPO by year-end.

BPH Global has raised $1.1 million through a private placement to expand its Indonesian seaweed operations and advance innovative R&D projects, positioning itself for growth in sustainable aquaculture and blue economy solutions.

Iondrive Limited has inked a binding Term Sheet with Livium Limited to commercialise its innovative Deep Eutectic Solvent (DES) technology for recycling critical materials from batteries, solar panels, and e-waste in Australia, with a pilot plant set to begin commissioning by the end of 2025.

Livium Ltd has entered a binding term sheet with Iondrive Limited to collaborate on recycling end-of-life solar panels, lithium-ion battery black mass, and rare earth magnets using Iondrive’s innovative Deep Eutectic Solvent (DES) technology. This partnership aims to position both companies at the forefront of Australia’s emerging clean energy waste recycling market.

Syrah Resources has secured an extension to address an alleged default under its Tesla offtake agreement, pushing the cure deadline to November 2025 as both parties work toward resolution.

Paladin Energy has completed a fully underwritten A$300 million equity raising, positioning the company to advance its Patterson Lake South uranium project and ramp up operations at the Langer Heinrich Mine.

Matsa Resources has achieved its first gold pour from the Devon Pit Gold Mine, initiating gold production and setting the stage for revenue generation over the next 18 months.