Latest Lithium News

Argosy Minerals has completed key process engineering work and lifted the Rincon Lithium Project’s JORC resource to 790,000 tonnes of Li2CO3. The project is technically advancing, but funding, lithium prices and the final DFS remain significant hurdles.

Global Lithium’s September quarter combined a recommended A$333 million cash takeover with a sharply improved development case for its Manna lithium project. The proposed Titan deal remains conditional, while the new study’s strong returns depend on lithium prices, exchange rates and execution.

Liontown has set a quarterly record for underground development at Kathleen Valley while approving a $389 million expansion designed to lift steady-state concentrate production from FY30. The ramp-up is progressing, but lower plant feed, weaker recovery and higher unit costs show the transition is not yet frictionless.

Green Technology Metals has completed a key environmental assessment for its Seymour lithium project in Ontario, but has pushed the definitive feasibility study into Q1 2027 as it coordinates permitting and consultation. The company ended September with A$7.8 million in cash and reported an estimated 5.4 quarters of funding at the latest burn rate.

European Lithium has confirmed that each eligible EUR option will convert into 0.0353158621 new Critical Metals shares under the now-effective acquisition scheme. Holders of 991 or fewer options will instead receive cash from the sale of their entitlement.

PLS has paired record quarterly production with a 20-year Fortescue power agreement expected to cut Pilgangoora’s FOB operating costs by A$15 to A$20 a tonne. The deal adds to a much larger investment cycle, with the A$1.9 billion P2000 expansion now under construction and FY27 capital guidance lifted to A$1.13 billion to A$1.195 billion.

Atlantic Lithium has received FIRB approval for Zhejiang Huayou Cobalt’s proposed A$292 million takeover, while Huayou has completed the transfer of Elevra’s Ghana project rights and agreed to fund up to US$66 million of remaining development obligations. The scheme still requires shareholder and court approval, with the first hearing scheduled for 5 November.

Global Lithium’s annual report captures a pivotal shift from lithium developer to takeover target, after the Manna-Nova integration study lifted estimated post-tax NPV8 to about A$946 million and cut funded pre-production capital by 59%. The proposed A$333 million Titan transaction offers shareholders cash value while leaving Manna’s development timetable subject to approvals, funding and execution.

European Lithium’s share and option schemes with Critical Metals Corp. are now effective after the Supreme Court of Western Australia’s orders were lodged with ASIC. EUR securities are expected to stop trading on the ASX, with implementation scheduled for 5 November and CRML shares due to begin trading on Nasdaq the following day.

Elevra Lithium delivered record mining volumes and US$74 million in North American Lithium revenue during the September quarter, while unit costs fell and cash increased to US$319 million. The company has now moved its NAL expansion into execution, but six recordable injuries and unsettled shipment pricing add important caveats to an otherwise strong operational update.

European Lithium has secured Supreme Court approval for its proposed share and option schemes with Critical Metals Corp., removing the central legal hurdle to the transaction. The deal is now expected to move from ASX trading to a NASDAQ-listed CRML structure in early November, subject to the court orders being lodged with ASIC.

Anson Resources has applied to establish a Utah Public Infrastructure District that could issue bonds backed by future tax differential revenues for infrastructure at its Green River lithium project. The proposal offers a possible non-dilutive funding route, but no bonds have been approved, sized or arranged.