Latest Lithium Extraction Technology News

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.

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.

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.

Lake Resources has commenced the last regulatory hurdle for its Kachi Lithium Brine Project in Argentina, with a month-long public consultation underway ahead of an expected environmental approval in September.

Cosmos Exploration has completed its merger with EAU Lithium, securing key partnerships and technology to progress lithium development in Bolivia. The company also committed to acquiring a German-built pilot plant to support its VULSORB® extraction technology.

Lake Resources has raised A$3.8 million through an at-the-market placement priced above recent trading levels, earmarked for environmental and power optimisation work at its Kachi lithium project.

Anson Resources has secured backing from three Utah congressional representatives for its $85 million Department of Energy grant bids, targeting development of its Green River Lithium Project in Utah.

EAU Lithium has committed to acquiring Vulcan's proven A-DLE Pilot Plant 4 from Germany, strengthening its capacity to optimise lithium extraction from Bolivian brines and supporting strategic deployment of VULSORB® technology.

Anson Resources and POSCO Holdings have inked a binding agreement for POSCO to design and operate a $7.2 million Direct Lithium Extraction demonstration plant at the Green River Lithium Project in Utah, aiming to validate proprietary lithium extraction technology and strengthen U.S. battery supply chains.

Cosmos Exploration has finalised its acquisition of EAU Lithium, issuing 108 million shares to former EAU shareholders and appointing James Durrant as Chairman to drive its Bolivian lithium ambitions.