Latest Lithium Market News

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.

Elevra Lithium's Pre-Feasibility Study for the North American Lithium (NAL) brownfield expansion in Québec outlines a staged growth plan nearly doubling spodumene concentrate production to 373 ktpa by 2029, reducing unit costs and delivering a post-tax NPV of C$3.2 billion.

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.

Liontown Limited (ASX:LTR) has reported its maiden profit and strong cash flow in FY26, completing its transition to fully underground mining at Kathleen Valley and advancing expansion plans with a final investment decision due early FY27.

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.

Ore Resources Ltd (ASX: OR3) has released a robust Scoping Study for its Kangaroo Hills Lithium Project, outlining a low-capital, fast-track Direct Shipping Ore (DSO) operation expected to generate substantial cash flow within a 16-month mine life.

PLS Group Limited delivered a robust FY26 with record lithium production, strong cash flow, and progress on key expansions including the Ngungaju Plant restart and P2000 feasibility study.

TG Metals Limited has delivered a maiden inferred lithium resource at its Burmeister deposit within the Lake Johnston Project, outlining a 6.7 million tonne resource grading 1.18% Li2O with significant exploration upside.

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.

Elevra Lithium has issued the first tranche of C$65 million convertible notes to support the North American Lithium Brownfield Expansion, following shareholder approval in July 2026.

Argosy Minerals has made significant strides in its 12ktpa Rincon Lithium Project, delivering encouraging process testwork results and securing critical 40MW energy infrastructure, while engaging strategic partners for funding.

Arcadia Minerals is progressing financing talks for its Swanson Tantalum Project amid a tantalum price rally, while defining drill targets for its nickel and lithium projects in Namibia.