EnergyX’s share price hike to US$11 signals renewed investor confidence and a lithium market rebound, increasing Pantera Lithium’s holding value by A$5.4 million.
- EnergyX raises capital raise price from US$10 to US$11 per share
- 15.8% valuation uplift driven by lithium price recovery and project progress
- Goldman Sachs appointed as financial advisor for partnerships and capital markets
- US EXIM Bank issues US$690 million letter of interest for Black Giant project financing
- Pantera Lithium’s EnergyX stake now valued at approximately A$39.5 million
EnergyX’s Valuation Surge
Energy Exploration Technologies Inc. (EnergyX) has increased the price of its ongoing capital raise from US$10.00 to US$11.00 per share, marking a notable 15.8% uplift in valuation. This move reflects a broader resurgence in global lithium prices throughout 2025 and a renewed appetite among U.S. investors for domestic lithium and critical mineral assets. For Pantera Lithium Limited (ASX – PFE), which holds 2.34 million shares in EnergyX, this translates to a valuation increase of approximately A$5.4 million, bringing the total value of its stake to around A$39.5 million.
Strategic Developments and Market Confidence
The valuation boost is underpinned not only by market dynamics but also by tangible progress in EnergyX’s project portfolio. Notably, the advancement of the Texas Lithium Hydroxide Facility and the rollout of Direct Lithium Extraction (DLE) technology have strengthened investor confidence. These initiatives position EnergyX at the forefront of innovative lithium processing, a critical factor as demand for lithium intensifies globally.
Further cementing its strategic position, EnergyX has engaged Goldman Sachs as its financial advisor to explore partnerships and capital market opportunities. This high-profile advisory relationship signals EnergyX’s ambitions to scale operations and secure additional funding avenues.
Significant Financing Backing
Adding to the positive momentum, the U.S. Export-Import Bank (EXIM) has issued a US$690 million letter of interest to support project financing for EnergyX’s Black Giant Project in Chile. This substantial endorsement not only validates the project’s viability but also highlights the growing geopolitical focus on securing critical mineral supply chains within allied countries.
Pantera Lithium’s Position
Pantera Lithium’s Chairman and CEO, Barnaby Egerton-Warburton, emphasized the significance of these developments, stating that the uplift in EnergyX’s share price reflects a clear rebound in lithium market sentiment and renewed confidence in the U.S. critical minerals sector. Pantera’s early partnership with EnergyX continues to deliver value, reinforcing its strategic focus on critical minerals exploration and development in the United States.
With a current cash position of approximately US$2 million and the next EnergyX payment scheduled for July 1, 2026, Pantera is well positioned to fund its ongoing exploration program. The company’s focus remains on advancing its projects in Southwest Arkansas, leveraging the positive momentum from its EnergyX investment.
Bottom Line?
EnergyX’s valuation uplift not only boosts Pantera’s portfolio but also signals growing investor confidence in the lithium sector’s strategic future.
Questions in the middle?
- How will EnergyX’s engagement with Goldman Sachs influence its future capital raising and partnerships?
- What are the timelines and milestones for the Texas Lithium Hydroxide Facility and Black Giant Project?
- How might continued lithium price volatility impact Pantera’s valuation and funding strategy?