Latest Cobalt News

Atlantic Lithium has consented to Elevra's transfer of its 22.5% interest in the Ewoyaa Lithium Project to Zhejiang Huayou Cobalt, enabling Huayou to assume sole funding responsibilities and potentially accelerating project development.

Elevra Lithium has struck a US$71 million deal to offload its Ghanaian Ewoyaa Project interest to Zhejiang Huayou Cobalt, pivoting its strategy firmly towards North American assets while shedding funding obligations tied to Ewoyaa.

Altech Batteries has decided to discontinue its Silumina AnodesTM project after six years, shifting full focus to its CERENERGY® solid-state battery technology amid ongoing joint venture talks.

Australian Mines has reaffirmed strong economics for its Flemington Scandium Project, highlighting a robust 28-year mine life and significant leverage to scandium price scenarios.

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.

Hawk Resources has clinched a Mineral Exploration Agreement with Ngaanyatjarrra Traditional Owners for its Olympus Scandium Project, clearing a key hurdle ahead of planned Q2 2026 exploration. Historical data points to a significant scandium anomaly that could define a new province in Western Australia.

Galileo Mining has identified compelling geophysical targets at its Norseman project, setting the stage for a 5,000-metre drilling campaign focused on sulphide mineralisation at Mission Sill and Callisto South.

Alliance Nickel Limited has secured $2.4 million from a 63% take-up of its $4.15 million entitlement offer, with director Jamie Sullivan underwriting a portion of the shortfall. The remaining shares are yet to be placed as the company moves forward with its NiWest project.

Ardea Resources’ Kalgoorlie Nickel Project’s Goongarrie Hub has been named in the Australia-Japan joint statement on critical minerals cooperation, highlighting its role in securing resilient nickel-cobalt supply chains backed by government support.

Admiralty Resources has commissioned the transmission line at its Mariposa Iron Ore Project, securing direct grid power and reducing reliance on costly fuel generators.

Scorpion Minerals has solidified its position in Western Australia’s Murchison region by acquiring the Old Prospect gold tenements and progressing strategic partnerships, setting the stage for extensive drilling and resource upgrades.

Chariot Resources advances its Nigerian lithium acquisition with six licences transferred and spodumene confirmed in samples, while raising A$2.15 million and securing a A$3.5 million loan refinancing.