Latest Lithium Portfolio News

Adelong Gold Limited has received a $1.17 million tax indemnity claim linked to alleged fraudulent GST reporting at Challenger Mines, which it plans to dispute. The claim stems from activities predating the current management team.

Chariot Resources has raised $2.15 million in a well-supported placement to fund its acquisition and exploration of lithium assets in Nigeria, signalling strong investor confidence amid soaring lithium prices.

Chariot Resources has secured Nigerian government approval for the transfer of six lithium licenses, marking a key step toward acquiring a majority stake in a promising Nigerian lithium portfolio. This regulatory milestone enables immediate exploration and mining activities at multiple projects amid soaring lithium prices.

Gold Mountain Limited has reported significant lithium and gold anomalies at its Salinas South and Coroaci prospects in Brazil, highlighting promising exploration results that extend over several kilometres. The company plans further sampling and mapping to refine drill targets, reinforcing its strategic focus on lithium alongside rare earth elements.

Kali Metals has raised $7 million through a share placement to fund further exploration at its promising Marble Bar Gold Project and lithium assets in Higginsville. The capital injection underscores investor confidence in the company’s growth strategy.

Morella Corporation has expanded its rubidium exploration footprint at the Mt Edon Project in Western Australia, identifying multiple new high-grade targets with assays up to 2.84% Rb2O. This development strengthens the company's position in the critical minerals sector alongside its lithium assets.

Adelong Gold has finalised the sale of its remaining 49% interest in Challenger Mines to Great Divide Mining, receiving 10 million GDM shares and retaining a capped royalty on future gold production.

Chariot Resources reports promising high-grade lithium assays in Nigeria and advances US exploration with 32 new drilling targets, while securing strategic MOUs for financing and offtake.

Loyal Metals has secured and begun unlocking value from the Highway Reward Copper-Gold Mine, revealing substantial unmined mineralisation and advancing lithium projects in North America.

Mineral Resources Limited has upgraded its lithium production guidance and reported record iron ore shipments in Q2 FY26, alongside a significant reduction in net debt and a strategic joint venture with POSCO Holdings.

Morella Corporation has advanced its Mt Edon Rubidium-Lithium Project towards drilling readiness, supported by strong metallurgical results and fresh funding. The company also initiated legal proceedings related to past asset sales, underscoring a busy start to 2026.

Rio Tinto delivered a standout 2025 with an 8% rise in copper equivalent production, record iron ore output in the Pilbara, and key milestones like the first shipment from Simandou port. The company met or exceeded its guidance while advancing major projects across its portfolio.