Latest Lithium Portfolio News

TG Metals has strengthened its gold and lithium resource base, but the annual report carries a material uncertainty over its ability to continue as a going concern. The company ended June with $641,906 in cash, before securing a further $2.5 million placement after year end.

ZhongNuo has begun a 15-day geological mapping program at Chariot Resources' Iganna lithium project in Nigeria, marking a key step under their binding term sheet. This work precedes a potential drilling campaign contingent on project selection.

Amara Minerals has taken a strategic legal step by filing a cross-claim against Great Divide Mining amid a GST indemnity dispute linked to Challenger Mines, intensifying a court battle that remains unresolved.

Liontown Limited has secured a staged farm-in agreement to acquire up to 100% of the Centenario lithium brine project in Argentina, marking its first foray into brine resources alongside its established Australian hard-rock operations.

Chariot Resources has inked a binding term sheet with major Chinese and Nigerian partners for a phased drilling and trial mining program targeting lithium direct shipping ore in Nigeria, aiming to validate resource potential and establish a market-linked offtake.

Li-FT Power has consolidated its Quebec lithium assets through the Winsome acquisition, secured an option on the Renard mine site, and bolstered its balance sheet with a C$20 million financing to fuel exploration and development.

Li-FT Power Ltd. is raising $20 million through a common share offering priced at $2.90 each, primarily to cover care and maintenance costs for its Renard diamond mine option and support corporate activities. The deal includes a 15% over-allotment option and has conditional TSXV approval.

Black Bear Minerals reported exceptional silver drill results extending beyond its current Shafter resource and boosted its Independence gold resource to over 2.2 million ounces AuEq, while progressing operational restart studies backed by potential financing.

Solis Minerals has secured a strategic lithium asset in Brazil's Araçuaí–Salinas Lithium Valley and initiated drilling at Mandacaru, while advancing copper projects in Peru with fresh capital backing.

Mineral Resources Limited (ASX: MIN) closed FY26 exceeding volume and cost guidance across iron ore, lithium, and mining services, while bolstering liquidity and reducing net debt. Strategic investments at Mt Marion and Bald Hill signal ongoing growth.

Li-FT Power has gained a two-year exclusive call option, approved by the Superior Court of Québec, to acquire the Renard diamond mine site with plans to explore its conversion for lithium processing.

Charger Metals has completed the unconditional sale of its Bynoe Lithium Project to Core Lithium’s subsidiary for $3.75 million upfront, with further payments tied to resource milestones and a capped royalty. The deal frees capital for Charger’s Lake Johnston lithium exploration and development plans.