Cobalt Blue Holdings Ltd has executed a binding pre-Final Investment Decision (FID) Consortium Deed with Iwatani Australia Pty Ltd to advance the development of the Kwinana Cobalt Refinery (KCR) in Western Australia, which is expected to be Australia’s first cobalt sulphate refinery.
The agreement outlines the conditions under which both parties will seek approval from their respective boards to proceed to a Final Investment Decision.
Early-stage site works at Lindian Resources Ltd’s flagship Kangankunde Rare Earths Project in Malawi has started - a key milestone in the delivery of one of the world’s most significant undeveloped rare earths assets.
Lindian has initiated civil and infrastructure development works as part of its strategy to accelerate Stage 1 construction and reduce associated risks. These early activities follow the February 2025 start of a 5-kilometre access road, which is progressing well ahead of schedule and is expected to be completed in the June quarter.
Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF) (ReconAfrica) announced that it has completed pre-drill evaluations and remains on track with pre-construction work ahead of drilling its largest-ever target, Prospect I, located onshore Namibia in Petroleum Exploration Licence 073.
The onshore Prospect I aims for up to 365 million barrels of unrisked and 32 million of risked light to medium oil or 1.9 trillion cubic feet of unrisked and 140 billion cubic feet of risked natural gas, ReconAfrica said in a progress update on Thursday.
Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has signed a reseller agreement with Grava Hydrographic Solutions, strengthening its US distribution network for its Wave Adaptive Modular Vessels (WAM-V) unmanned surface vehicles.
Grava Hydro, a US-based expert in hydrographic and oceanographic equipment integration, will now support the availability, sales, and servicing of OPT’s WAM-V platforms across the country.
Norsk Titanium (OTCQX:NORSF), a leader in the additive manufacturing of titanium parts, is forecasting strong growth in 2025, with plans to dramatically increase its serial production and recurring revenue.
The company’s outlook is bolstered by significant achievements in 2024, positioning it for continued success across its key markets in aerospace, defense, and industrial sectors.
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) announced that it has signed a Letter of Intent (LOI) to sell up to 80% of its spin-out subsidiary Toggle3D.ai to TQG Technologies in a deal aimed at injecting new capital into Nextech3D.ai and advancing Toggle3D.ai’s next phase of growth under new leadership.
The non-binding agreement sets out a three-tranche transaction that will see TQG acquire an initial 11 million shares for C$610,000, with subsequent tranches dependent on TQG’s financing milestones.
Petro-Victory Energy Corp. (TSX-V:VRY) is positioning itself for accelerated growth in Brazil's onshore oil and gas sector through a series of new partnerships and acquisitions that the company says will unlock significant production and free cash flow beginning in 2025.
The company’s strategic shift is anchored by its recently formed joint ventures with capital partners BlueOak Investments, Brazilian energy giant Eneva, and Azevedo Travassos Petróleo S/A (ATE), alongside multiple acquisitions, including 13 oil-producing fields from Brava Energia and the producing Capixaba Energia asset in the Espírito Santo Basin.
Liberty Star Uranium & Metals Corp. (OTCQB:LBSR) (dba Liberty Star Minerals) chairman Pete O’Heeron met with members of Congress in Washington, DC this week to urge more US government support for exploring and developing critical minerals.
O’Heeron spoke with staff from Texas Senators John Cornyn and Ted Cruz, along with Representatives Brian Babin and Paul Gosar, to highlight how important minerals like copper, lithium, and rare earth elements are for national security, energy independence, and new technology.
Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF) has formed a strategic partnership with Fleet Space Technologies Canada to enhance uranium exploration at its Davidson River project in Saskatchewan’s southwest Athabasca Basin.
The company said it will use Fleet Space’s ExoSphere Multiphysics surveys — a combination of real-time 3D ambient noise tomography and ground gravity data — to refine drill targets and improve the odds of discovering high-grade uranium deposits.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) told investors it is currently producing over 4,500 barrels of oil equivalent per day, and it expects to grow output further in the second quarter.
Albeit, the company said that amidst the backdrop of global economic and commodity price volatility, it is now reviewing its original $50 million capex plan for 2025 that had slated 23 new wells.
CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF) has named Ignacio Mehech, the former Chile country head of American specialty chemicals gaint Albemarle, as its new chief executive and a member of the board.
The AIM-listed group is developing sustainable lithium projects in Chile and is looking to draw on Mehech’s experience as it moves into a more operational phase.
Genflow Biosciences PLC (LSE:GENF, OTCQB:GENFF) has launched a new programme aimed at developing gene therapies for eye conditions, expanding the focus of its longevity research into ophthalmology.
The London-listed biotech firm said on Thursday it will work on a treatment using its proprietary SIRT6 gene - a version found in people who live significantly longer than average - delivered to the eye using a specially engineered, non-viral system.
Recce Pharmaceuticals Ltd has secured a A$5 million cornerstone commitment from an Australian-based private investor and announced the launch of a A$10.8 million pro-rata entitlement offer to shareholders, both priced at A$0.28 per share.
The combined capital raising of up to A$15.8 million (before costs) is set to fund Phase III topical clinical trials in Indonesia and Australia, which the company expects to serve as key catalysts for revenue generation in 2026.
Tryptamine Therapeutics Ltd has entered into an agreement with Swinburne University of Technology to initiate a world-first clinical trial evaluating psilocin for the treatment of Binge Eating Disorder (BED).
Psilocin, the active metabolite of psilocybin, is a naturally occurring psychedelic compound known to enhance neuroplasticity and influence mood and behavioural regulation.
Imugene Ltd will host a live investor webinar at 11:00am Australian Eastern Standard Time (AEST) on Wednesday, April 16, 2025.
The session will provide shareholders, investors and interested parties with an update on the company’s activities and address frequently asked questions submitted by shareholders.
Prescient Therapeutics Ltd has appointed Melanie Farris as an independent non-executive director, further strengthening its board.
Farris is a seasoned governance and risk professional from the life sciences sector and will also serve as chair of the company’s audit and risk committee. She brings more than 18 years of experience in corporate governance, risk oversight and financial management, primarily across the biotechnology and pharmaceuticals industries.
FireFly Metals Ltd is stepping up exploration at its Green Bay Copper and Gold Project in Newfoundland, Canada.
The company is running a major drilling campaign and says it’s already halfway through a planned 130,000-metre program aimed at growing its resource.