Latest Lithium Sector News

Prairie Lithium has retracted its previous production target citing compliance issues, while announcing a binding offtake agreement with South Korea’s Hydro Lithium for its Phase 1 lithium output. This move signals a strategic shift towards selling intermediate lithium products to reduce costs and accelerate market entry.

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.

First Lithium Limited is progressing towards critical milestones with pending license renewals in Mali expected soon and a maiden Mineral Resource Estimate on the horizon, supported by recent funding injections.

Battery Age Minerals has completed maiden drilling programs in Austria and Argentina, secured full ownership of its Canadian lithium project, and raised A$5.5 million to fuel its 2026 exploration ambitions.

Prairie Lithium has secured a 10-year binding export agreement with South Korea’s Hydro Lithium and progressed key construction milestones at its Saskatchewan project, positioning itself as a rising player in North America’s lithium sector.

Pantera Minerals has completed a $40 million divestment of its Smackover Lithium Project, pivoting strategically into U.S. critical minerals with a major land acquisition in Arkansas. The company’s strengthened balance sheet and expanded U.S. market presence set the stage for accelerated growth.

Core Lithium has unveiled an optimised mine plan for its Grants deposit that promises earlier ore production and a $35-45 million reduction in pre-production capital. The company also reported a significant increase in its Finniss Project Ore Reserve and is advancing towards a Final Investment Decision amid improved lithium market conditions.

Wildcat Resources has significantly expanded its Bolt Cutter Central lithium discovery with strong high-grade intercepts and progressed the Definitive Feasibility Study at its Tabba Tabba Project, alongside securing a strategic tenement and executing a Native Title Agreement.

Power Minerals has terminated its joint venture with Navigate Energy on the Rincon Lithium Project, opting to retain full ownership and seek new partners amid a buoyant lithium market.

Perpetual Resources has reported multiple high-grade lithium rock chip assays from its Renaldinho and Morro Grande projects in Brazil, confirming a fertile lithium system and setting the stage for a significant drilling campaign in 2026.

Venari Minerals has received final drill assay results from its Red Mountain Lithium Project in Nevada, setting the stage for a maiden Mineral Resource Estimate amid a strong lithium market rebound.

Chariot Resources has inked a non-binding MOU with Shanghai GreatPower to collaborate on lithium offtake, financing, and processing in Nigeria, marking a significant step in developing the country’s lithium sector.