Latest Lithium Joint Ventures News

Elevra Lithium posted a $44 million profit in FY26 after merging Sayona Mining and Piedmont Lithium, overcoming temporary mining challenges and securing full funding for the North American Lithium expansion.

iTech Minerals has unveiled a transformative year at its Reynolds Range project with high-grade gold-antimony discoveries and a lithium joint venture with SQM, while managing a $1.09 million net loss and bolstering its cash reserves.

iTech Minerals has delivered a standout drill intercept of 36m at 5.6 g/t gold and 1.2% antimony at its Sabre Prospect in the Northern Territory, reinforcing the potential scale and grade of the Reynolds Range Project.

Elevra Lithium delivered a strong March 2026 quarter with record revenues, operational improvements at North American Lithium, and progress on multiple growth fronts, supported by a robust cash position.

Mineral Resources has priced a US$1.3 billion senior unsecured notes offering to refinance higher-cost debt, reduce annual finance expenses by $48 million, and extend its weighted average debt maturity from 3.1 to 5 years.

Novo Resources has officially listed over 25 million free-attaching options on the ASX, following its recent capital raising. These options, exercisable at 15 cents, underpin the company’s ongoing exploration ambitions across Western Australia and New South Wales.

Alchemy Resources has agreed to sell its Karonie and Lake Rebecca gold projects to Forrestania Resources for $5 million in shares, while retaining a 1% royalty. This deal marks a strategic refocus on Alchemy’s promising New South Wales assets.

Wesfarmers has reported a 9.3% rise in net profit after tax to $1.6 billion for H1 2026, driven by robust performances in Bunnings, Kmart Group, and lithium operations. The company also announced a 7.4% increase in its interim dividend amid ongoing cost pressures and strategic AI partnerships.

Dynamic Metals Limited has made significant strides in its Western Australian exploration projects, securing government funding and reporting promising early assay results. The company maintains a strong cash position to support ongoing activities across gold, lithium, and fluorite targets.

Galileo Mining Ltd has responded to an ASX price and volume query, confirming no undisclosed material information exists to explain recent trading activity. The company attributes the surge to positive market sentiment around its Norseman Project and lithium joint venture with Mineral Resources.

Galileo Mining reports a robust cash position and promising exploration progress at its Norseman Project, with high-grade gold and PGE assay results expected soon. A large-scale gravity survey and a 2,000m drilling program underpin plans for an active 2026 exploration campaign.

Artemis Resources confirms a significant gold-bearing shear zone at Titan East near its Carlow deposit, highlighted by a wide 19m intersection at 1.6g/t Au and a previous high-grade 5m intercept at 13.1g/t Au. Diamond drilling has commenced to better define this emerging gold system.