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LE Minerals Advances $20 Million Graphite Spin-Out Amid Robust Cash Position

7:20pm on Friday 31st of July, 2026 AEST Mining
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LE Minerals Advances $20 Million Graphite Spin-Out Amid Robust Cash Position

7:20pm on Friday 31st of July, 2026 AEST
Key Points
  • Graphite projects sale to M Battery Materials for $20 million
  • Strong cash balance of $60.4 million as at June 2026
  • Capricorn Gold-Copper drilling yields no significant assays
  • High-grade graphite resource drilling confirms thick intersections
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