Lithium Energy Limited has received a US$6 million second deposit from CNGR Netherlands, marking a key milestone in the US$63 million sale of its Solaroz Lithium Brine Project. Shareholder approval has made the amended sale agreement unconditional, setting the stage for phased completion in 2025 and 2026.
Medallion Metals Limited has intersected substantial semi-massive to massive sulphides in its latest diamond drilling at the Trilogy Deposit, setting the stage for potential commercialisation via existing Forrestania infrastructure.
Kingsland Minerals has reported robust infill drilling outcomes at its Leliyn Graphite Project, setting the stage for an upgrade to Indicated Mineral Resources and a forthcoming Scoping Study. The recent strategic investment by Quinbrook Infrastructure Partners bolsters the project's development trajectory, particularly for downstream processing.
Syrah Resources has been awarded a US$165 million tax credit under the US Inflation Reduction Act to support the expansion of its Vidalia active anode material facility in Louisiana, potentially increasing production capacity to 45ktpa.
Peninsula Energy has appointed George Bauk as its new Managing Director and CEO, marking a strategic leadership transition aimed at capitalising on a resurging uranium market and expanding production at the Lance Project.