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Altech signs third offtake deal for CERENERGY batteries

Altech Batteries (ASX:ATC) has signed its third offtake Heads of Agreement for its CERENERGY GridPack battery technology, this time with German-based renewable energy provider Axsol GmbH. The agreement will see Axsol, a certified NATO supplier, exclusively distribute Altech’s CERENERGY batteries to western defence industries. The deal includes an initial offtake for 10MWh in 2027, increasing […]

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Chain reaction: Karoon Energy halts Bauna production after anchor failure

Oil and gas producer Karoon Energy (ASX:KAR) has halted production at the Baúna oil field off the coast of Brazil. This follows the failure of two anchor chains on the floating production storage and offloading (FPSO) vessel Cidade de Itajaí. On 11 December 2024, the company and FPSO operator Altera&Ocyan implemented a controlled shutdown as a

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Alpha HPA secures $400m for world’s largest HPA plant

Alpha HPA (ASX:A4N) has reached Contractual Close for a $400m debt funding package to support Stage 2 of its HPA First Project in Gladstone, Queensland. The funding, structured as a limited-recourse project finance deal, is being jointly provided by the Northern Australia Infrastructure Facility (NAIF) and Export Finance Australia (EFA). The debt package is split

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Westpac CFO Michael Rowland to retire in 2025

Westpac (ASX:WBC) has announced that its Chief Financial Officer, Michael Rowland, will retire in 2025. Rowland has been with the bank since 2020. CEO Anthony Miller praised Rowland’s contributions, highlighting his role in strengthening Westpac’s capital position and supporting sustainable returns for shareholders. “Michael has played an important role in the financial management of Westpac

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Larvotto reports high-grade gold and antimony hits

Larvotto Resources (ASX:LRV) has reported final results from its reverse circulation drilling program at the Clarks Gully deposit, which is part of the company’s Hillgrove Gold-Antimony Project in New South Wales. The results indicate the potential for resource expansion, with high-grade intercepts discovered beyond the current resource boundaries. The program, which included 59 drill holes

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