The company has received binding commitments for $1.1 million via a placement of 15.71 million new fully paid shares in the company predominantly to a Tier 1 institutional resources investor.
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The company reported an increase in its quarterly average production and revenue during the March quarter, underpinned by stronger production at Orbost.
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Coates, one of Australia’s leading equipment hire and solutions provider, has renewed its industrial solutions and temporary equipment hire contract in Western Australia (WA) with oil and gas giant, Chevron Australia. Read More
In an era increasingly defined by the shift towards electrification, industries across the board are exploring ways to enhance efficiency and adapt to new technologies. Read More
The Australian Renewable Energy Agency (ARENA) has announced it has awarded $59.1m in funding across 21 research projects to support research and development (R&D) and commercialisation activities covering renewable hydrogen and low emissions iron and steel.
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The Queensland Government has opened the Fortescue Gladstone Electrolyser Facility, the first manufacturing facility in Australia to build hydrogen electrolysers at a commercial scale. Read More