Latest Battery Metals News

Asian Battery Metals (ASX:AZ9) has kicked off its 2026 drilling at the Red Hill copper-gold project in Mongolia, intersecting significant visible copper sulphides in the first hole, validating key geophysical targets and setting the stage for assay results.

Atlantic Lithium has agreed to be acquired by Zhejiang Huayou Cobalt for US$210 million in an all-cash deal offering a 26.6% premium to recent share prices, aiming to accelerate lithium production in Ghana.

Southern Hemisphere Mining has launched a 1,000-metre diamond drilling campaign at its Llahuin copper project in Chile, aiming to extend known mineralisation and test for higher-grade copper-gold-molybdenum zones within a 218Mt JORC resource.

Anson Resources has dramatically expanded its Green River Lithium Project resource estimate by 650%, driven by new drilling data and expanded claim areas in Utah. The upgrade positions the project closer to a milestone of over one million tonnes of lithium carbonate equivalent.

IRIS Metals has completed acquisition of 87 federal mining claims in South Dakota but will not proceed with the private land component of the Ingersoll Project due to unforeseen issues. The company is reassessing options while maintaining its broader critical minerals strategy.

Terra Critical Minerals has established a US foothold with the True American Tungsten Project acquisition while progressing key Australian and Canadian critical metals projects, positioning for upcoming drilling campaigns.

Yugo Metals (ASX:YUG) secured government approval for its Petrovo tenement in Bosnia, while initial drilling at Sinjakovo’s Kovacevac and Erak prospects delivered promising polymetallic results. The company also appointed Petar Tomašević as permanent CEO, positioning itself for further exploration progress.

FireFly Metals has finalised the sale of its Ontario gold assets to Bellavista Resources, issuing 60 million Bellavista shares and 50 million performance rights as consideration. FireFly shareholders will receive Bellavista shares via an in-specie distribution, marking a strategic pivot towards its copper-gold projects.

Cosmos Exploration is advancing its Bolivian lithium ambitions by exercising its option to acquire 100% of EAU Lithium and raising A$5 million to fund exploration and acquisition costs.

Asian Battery Metals has completed its acquisition of the Maikhan Uul Cu-Au VMS Project and is poised to start a fully permitted 2026 drilling campaign across its Mongolian copper and battery metals assets, backed by $5.25 million in cash.

IRIS Metals has revealed a 3.03Mt lithium resource at its fully permitted Beecher Project in South Dakota, featuring a notable rubidium component with a high-grade zone containing around 2,100 tonnes of Rb2O. This positions Beecher as a rare multi-commodity critical minerals asset in a top US mining jurisdiction.

Pivotal Metals is progressing a mineral resource update and scoping study for its Horden Lake copper project in Québec, targeting a large open-pit operation with strong cashflow potential amid record copper prices.