Latest Strategy Changes News

Vulcan Energy Resources has locked in full financing for its Phase One Lionheart project, marking a pivotal step toward producing carbon-neutral lithium hydroxide in Germany by 2028. The €2.2 billion package combines debt, equity, and government grants, underpinning robust project economics and strategic partnerships.

Talga Group has applied for a SEK 1.1 billion grant to fund a commercial-scale battery anode plant in Sweden, complementing existing EU funding and securing strong customer interest.

Jindalee Lithium has completed its 2025 drilling program at the McDermitt Lithium Project and is advancing plans to list its US subsidiary on a national exchange, extending exclusivity with its merger partner.

Chariot Resources has amended its acquisition agreement for a Nigerian lithium portfolio, securing financing and extending the closing deadline to May 2026. The move reinforces exclusivity protections and paves the way for a smoother transaction completion.

Phoslock Environmental Technologies is set to resume production at its Changxing factory after a four-year halt, signaling renewed confidence in market demand and operational stability.

QuickFee Limited has completed a $28.5 million capital return following the sale of its US Pay Now and Connect businesses, while updating its dividend policy to target regular shareholder cash distributions starting in FY26.

Odyssey Gold has reported strong reverse circulation drilling results at its Tuckanarra Project, reinforcing the existing resource model and advancing plans for a resource upgrade. The Highway Deposit continues to demonstrate promising grade continuity and open pit potential.

Enegex Limited has launched power auger drilling and trenching programs on its key permits in Côte d’Ivoire, following promising gold-in-soil anomalies and historical data. Four permit applications have also been approved, setting the stage for aircore drilling in early 2026.

Noronex Limited has received a non-refundable $200,000 option fee from Joint Era Mining, moving forward the $4.5 million sale of its Witvlei Project in Namibia and setting a three-month exclusivity period for due diligence.

Olympio Metals has completed a targeted soil sampling campaign and initiated resampling of historical drill core at its Bousquet Gold Project in Quebec, aiming to expand the known mineralised strike and refine drill targets ahead of a follow-up drilling program.

Mount Burgess Mining NL has initiated reverse circulation drilling at the Viking Gold Project in Western Australia, targeting a promising high-grade shallow gold zone at the Beaker 2 prospect. This marks a key step in unlocking value from their newly acquired asset.

Rox Resources has opened a $10 million Share Purchase Plan at a 19.9% discount, inviting eligible shareholders to invest in the development of its Youanmi Gold Project. The offer runs through mid-December, aiming to bolster exploration and working capital.