Latest Battery Materials News

Prairie Lithium has secured a binding offtake agreement with Hydro Lithium for 100% of its Phase 1 lithium carbonate production, alongside a strategic AU$10 million equipment collaboration. This deal marks a significant milestone for Prairie’s Saskatchewan project, targeting first production in late 2026.

Syrah Resources has opened its retail entitlement offer to raise approximately A$104 million, supported by strategic funding proposals from US and Australian government-linked entities. The capital raise aims to underpin the ramp-up of its Balama graphite mine and Vidalia anode material facility.

Lithium Universe Limited appoints Iggy Tan as full-time CEO and Executive Chairman, signalling a strategic push to fast-track lithium refinery projects and innovative recycling technologies.

POSCO Holdings has postponed its investment decision on Anson Resources’ Green River lithium demonstration plant due to global uncertainties, yet maintains strong collaboration and strategic commitment.

European Lithium Limited has closed its initial on-market share buy-back and announced a new six-month program to repurchase shares at a discount, aiming to enhance shareholder value by reducing capital.

Delta Lithium has successfully produced battery-grade lithium carbonate and high-grade rubidium carbonate from mica concentrate at its Mt Ida project, confirming strong recovery rates and potential new revenue streams.

Morella Corporation has completed a 20-hole drilling program at its Mt Edon Rubidium-Lithium Project, intercepting thick, continuous pegmatite zones that bolster the case for a significant mineral resource. Assay results are awaited as the company moves toward a maiden Mineral Resource Estimate.

Syrah Resources has successfully closed its institutional entitlement offer, securing A$44 million at a share price of 10.5 cents, with the retail offer now open to shareholders. This capital raise aims to strengthen the company’s financial position as it advances its graphite and anode material operations.

1414 Degrees has raised $2.69 million to accelerate its clean energy storage technologies, targeting the booming global data centre market and industrial energy users.

Syrah Resources announces a major A$104 million equity raising alongside strategic funding proposals from US government bodies and AustralianSuper, aiming to strengthen its balance sheet and accelerate production at its Balama and Vidalia facilities.

Pantera Minerals spotlights the launch of EnergyX’s Lonestar lithium demonstration plant in Texas, marking a key step towards a 50,000 tonne per annum lithium production target in the US.

Renascor Resources reports significant cobalt and copper mineralisation from its recent Bulloo Creek drilling program, while advancing exploration across South Australia’s Olary, Marree, Wooltana, and Tumby Bay projects.