Latest Lithium Projects News

Jindalee Lithium has successfully raised $8 million through a private placement, complemented by a $1 million Share Purchase Plan, to advance its McDermitt Lithium Project and a strategic US SPAC transaction.

Asian Battery Metals PLC has successfully raised $6 million through an oversubscribed equity placement, positioning the company to advance exploration and acquisition efforts across its Mongolian battery metals projects.

Winsome Resources has completed its share entitlement in Power Metals Corp, now holding a 16.1% stake and retaining key offtake rights for lithium and other critical minerals from Power Metals’ Ontario project.

Mandrake Resources has identified two promising high-grade lithium brine zones within its Utah Lithium Project, enhancing the prospectivity of its 3.3Mt inferred resource. The discovery leverages advanced brine flow modelling and historical well data, setting the stage for cost-effective testing.

European Lithium has offloaded an additional US$50 million worth of Critical Metals Corp shares, coinciding with CRML’s own US$50 million capital raise to advance its Greenland rare earth project.

Askari Metals has completed the sale of its Australian subsidiary First Western Gold, including the Burracoppin Gold Project, to Forrestania Resources, enabling a strategic pivot to its African exploration assets.

Global Lithium Resources is set to unlock value from its gold assets by spinning them out into a new ASX-listed company, MB Gold, targeting a $6 million IPO in early 2026.

Perpetual Resources has launched a systematic exploration program across its key lithium projects in Brazil, aiming to expand on recent high-grade discoveries and define new drill targets.

Lake Resources N.L. has released a replacement prospectus for its bonus loyalty options offer, adjusting key terms and updating its capital structure ahead of the 17 October record date. The offer aims to reward shareholders while potentially raising capital for its Kachi lithium project.

Mandrake Resources reports significant progress at its Utah Lithium Project, confirming a 3.3Mt lithium carbonate equivalent inferred resource and advancing brine flow modelling to pinpoint high-grade lithium zones.

Manhattan Corporation advances a high-resolution magnetic survey at its Hook Lake gold project in Nunavut while agreeing to sell its L3 Lithium Project in Nova Scotia for up to $1.34 million.

Battery Age Minerals (ASX – BM8) showcased its global portfolio of critical minerals projects at the Ignite Investment Summit in Hong Kong, highlighting maiden drilling at Austria’s Bleiberg germanium project, a newly granted drill permit for Argentina’s El Aguila gold-silver system, and ongoing lithium exploration in Canada’s Falcon Lake.