Latest Lithium Extraction News

Pantera Minerals has seen a 37% uplift in the valuation of its EnergyX stake following an increase in EnergyX’s Regulation A raise price to US$13 per share, reflecting operational progress and stronger market confidence.

Calix Limited has secured an initial A$5.7 million payment following the completion of its lithium Mid-Stream Project restructure with PLS Group, releasing $11.4 million in capital and shifting to a capital-light licensing model.

Neometals has secured A$7.9 million through a placement and launched a concurrent A$5.1 million entitlement offer to fund gold production at Barrambie and advance lithium exploration in Utah. The capital raise supports a near-term production joint venture and aggressive resource expansion.

Anson Resources reveals a 46% increase in effective porosity from historical core analysis at its Green River Lithium Project, alongside strong Drill Stem Test results that underpin an upcoming resource upgrade.

Vulcan Energy has locked in a €40 million framework agreement with Siemens to supply critical automation and engineering systems for its Lionheart lithium project in Germany, marking the final major contract ahead of production.

Prairie Lithium is poised to begin commercial lithium production in Q4 2026 as its Direct Lithium Extraction facility nears completion, backed by a binding offtake agreement covering 100% of Phase 1 output and a strategic AU$10 million equipment contribution from Hydro Lithium.

Power Minerals Limited (ASX: PNN) has revealed outstanding concentrations of magnetic rare earth oxides (MREO) at its Morro do Ferro Project in Brazil, highlighting high-grade drill results that could shape the project's economic potential.

Prairie Lithium has secured a binding offtake agreement with Hydro Lithium for 100% of its Phase 1 lithium carbonate production, alongside a strategic AU$10 million equipment collaboration. This deal marks a significant milestone for Prairie’s Saskatchewan project, targeting first production in late 2026.

POSCO Holdings has postponed its investment decision on Anson Resources’ Green River lithium demonstration plant due to global uncertainties, yet maintains strong collaboration and strategic commitment.

Patagonia Lithium has reported lithium assay results up to 412ppm from its Formentera well, surpassing the project average and setting the stage for an updated Mineral Resource Estimate and further drilling.

Power Minerals has signed a non-binding Term Sheet with Summit Explore to jointly develop the Salta Lithium Project in Argentina, aiming to deploy cutting-edge direct lithium extraction technology across multiple salars.

Pantera Minerals spotlights the launch of EnergyX’s Lonestar lithium demonstration plant in Texas, marking a key step towards a 50,000 tonne per annum lithium production target in the US.