This Week In Energy Transition - South Star Drives Forward with Graphite Project Funding

South Star Battery Metals Corp. has successfully closed the first tranche of its non-brokered private placement, raising C$828,227 to fund exploration, development, and operational expenses. The initiative is a significant step in advancing South Star's graphite projects in Brazil and the U.S., both critical components of the energy transition movement, aiming to enhance battery metal production. With the increased offering size and strategic investor involvement, South Star affirms its commitment to supporting the energy transition, aligning with broader efforts to shift towards sustainable and renewable energy resources.

Elsewhere in the market, Trina Solar (SHSE:688599) was trading firmly up 8.4% and closing at CN¥18.74. Meanwhile, Nexans (ENXTPA:NEX) lagged, down 9.3% to finish the session at €114.70. Nexans appointed Julien Hueber as CEO, replacing Christopher Guérin, effective yesterday.

Nexans is poised to benefit from global electrification and grid modernization while navigating competition and compliance risks. Discover the detailed company narrative by clicking here.

Explore our Market Insights article on rare earths as critical drivers of the Energy Transition, emphasizing strategic geopolitical leverage—get informed quickly.

Best Energy Transition Stocks

• Tesla (NasdaqGS:TSLA) closed at $435.90 up 5.4%.
• Applied Materials (NasdaqGS:AMAT) closed at $219.48 up 4.5%, not far from its 52-week high.
• Chevron (NYSE:CVX) settled at $151.94 up 2%.

Next Steps

• Explore the 181 names, such as Quanta Services, Rockwell Automation and Daiwa House Industry, from our Energy Transition Stocks screener here.
• Contemplating Other Strategies? Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 36 best rare earth metal stocks of the very few that mine this essential strategic resource.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

• Simply Wall St
• "South Star Announces Closing of First Tranche of Non-Brokered Private Placement of Units" from South Star Battery Metals Corp. on GlobeNewswire (published 10 October 2025)

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