Latest Direct Lithium Extraction News

Prairie Limited has secured C$6.3 million in interest-free Canadian government financing to fund the next construction phase of its Saskatchewan lithium project. The company is targeting commissioning and first lithium brine production from its initial commercial well in Q4 2026.

Prairie Lithium has moved its Saskatchewan project closer to commissioning, with Pad #1 construction advancing and Hydro Lithium agreeing to buy all Phase 1 output. The progress came alongside a A$3.46 million FY2026 loss, further equity issuance and a year-end cash balance of A$5.85 million.

Greenwing Resources has warned of material uncertainty over its ability to continue as a going concern after reporting a $3.90 million loss for FY2026. The result was hit by a $2.23 million non-cash impairment at its dormant Graphmada graphite mine, while cash remains below near-term project commitments.

Lake Resources has reduced Kachi’s estimated capital cost by US$220 million and outlined a 25-year, 25,000-tonne-per-year operation. But the lithium developer still needs further funding, environmental approval, offtake and a final investment decision before construction can begin.

Vulcan Energy has started commercial-scale production in Germany of VULSORB, the proprietary adsorbent at the centre of its planned direct lithium extraction process. The material will supply first-fill volumes for Project Lionheart, although lithium production remains targeted for the second half of 2028.

Mandrake Resources has extracted more than 8,000 litres of lithium brine from its Utah project and delivered the bulk sample for testing by Electroflow Technologies. The work moves the project toward scoping studies, but the key evidence on grade, recovery and costs is still to come.

LE Minerals has confirmed lithium-bearing brines across its White Plains project in Utah, with 12 direct push holes returning grades of up to 114 mg/L at 15 metres. The company will now work towards a maiden JORC Mineral Resource, although five southern auger sites produced no brine and several claims were not renewed.

Vulcan Energy has unveiled a Preliminary Feasibility Study for Project Ludwig, its second lithium and geothermal phase in Germany, projecting stronger economics and a repeatable growth model.

Anson Resources has lodged two US patent applications for a novel chemical-free technology that removes iron from lithium-rich brines, potentially cutting costs and environmental impact in its Direct Lithium Extraction process.

Anson Resources' downstream partner JordProxa has produced lithium carbonate at 99.6% purity from its Green River project, exceeding the 99.5% industry benchmark for electric vehicle batteries. Independent SGS testing confirmed the quality, highlighting progress toward commercial lithium supply.

EAU Lithium, a subsidiary of Cosmos Exploration, has signed a strategic Master Services Agreement with VULTEC, the German technology arm of Vulcan Energy Resources, to advance lithium extraction projects in Bolivia using cutting-edge direct lithium extraction technology.

Mandrake Resources has started extracting bulk lithium brine from the Evelyn Chambers #1 well, advancing its Utah Lithium Project and providing critical data for future development.