Latest Utilities News

TPC Consolidated Limited has extended critical deadlines for its acquisition scheme with Wollar Solar Holding, awaiting Foreign Investment Review Board approval. The move delays the scheme's completion but keeps the deal alive for now.

Bannerman Energy has successfully raised A$85 million through a placement to institutional investors, bolstering its cash reserves as it advances the Etango uranium project towards a Final Investment Decision.

X2M Connect Limited has secured over $5.5 million in new South Korean contracts for remote water metering, signaling strong momentum heading into FY26. The company’s expanding customer base and addressable market highlight its growing influence in the Asia-Pacific IoT sector.

Lithium Universe Limited announces a strategic management change with CEO Alex Hanly stepping down to a part-time Chief Development Officer role, maintaining his focus on the Bécancour Lithium Project. This move comes as the company advances its mission to close North America’s lithium conversion gap with a green lithium refinery in Québec.

Veris Limited has announced a significant turnaround in FY25 with an expected profit before tax of up to $2 million, reversing last year's loss, driven by strategic digital spatial initiatives and acquisition integration.

APA Group has announced an estimated ordinary dividend of AUD 0.30 per unit for the first half of 2025, accompanied by a Dividend Reinvestment Plan offering a 1.5% discount and currency payment choices.

Kingston Resources has restarted gold concentrate production at its Mineral Hill mine, marking a significant step in its transformation into a multi-product operation. The company aims to begin copper concentrate sales by mid-2026 as it transitions to underground mining.

X2M Connect has secured a $3 million deal to supply 100,000 IoT-connected personal safety devices for Seoul’s 2025 Smart City initiative, with potential to scale to one million units.

Riedel Resources launches a $1.3 million capital raise through a two-tranche placement and a Share Purchase Plan to advance its high-grade Kingman Gold Project in Arizona.

Pure Hydrogen Corporation has officially handed over the Taurus Hydrogen Fuel Cell Prime Mover to Barwon Water, marking a milestone in Australia’s hydrogen transport adoption and supporting Barwon Water’s net zero emissions goal by 2030.

Proteomics International has launched PromarkerD, a pioneering blood test that predicts diabetic kidney disease years before symptoms, marking its entry into the vast US healthcare market.

Catalyst Metals has completed its acquisition of the Old Highway Gold Project, setting the stage for a significant expansion across multiple mining sites in Western Australia.