Latest Lithium Sector News

Astute Metals has reported its highest-grade lithium intercept to date at the Red Mountain Project in Nevada, extending mineralisation over a 5.6-kilometre strike length and reinforcing the project's growing significance in the US lithium landscape.

Future Battery Minerals has acquired 100% ownership of the Miriam Project, consolidating all mineral rights and extinguishing royalties, paving the way for a focused gold exploration campaign starting July 2025.

Core Lithium has released a comprehensive Restart Study for its Finniss Lithium Project, outlining a transition to fully underground mining that extends the mine life to 20 years while slashing operating costs and boosting production capacity.

Core Lithium has terminated its legacy spodumene offtake agreement with Yahua through a $2 million cash settlement, unlocking strategic flexibility for its Finniss Lithium Operation restart plans.

Lake Resources has initiated a Special Committee to explore strategic options for its flagship Kachi Lithium Brine Project, aiming to bridge the gap between market valuation and intrinsic asset value.

Galan Lithium Limited has launched a $4 million Share Purchase Plan for existing shareholders following a $13 million institutional placement, aiming to bolster its capital base at a consistent share price of $0.11.

Lithium Energy Limited has received US$26 million following the completion of Tranche 1 in the staged US$63 million sale of its Solaroz Lithium Brine Project interest to CNGR Netherlands New Energy Technology B.V. The transaction marks a significant milestone in the company’s strategic asset divestment.

QX Resources reported steady progress on its Queensland gold and US lithium brine projects while managing modest cash reserves and exploration expenditure in the March 2025 quarter.

Global Lithium Resources has resumed its Definitive Feasibility Study at the Manna Lithium Project, focusing on cost optimization and project economics, while advancing heritage and native title agreements. The company also reported significant board changes and a robust cash position heading into 2025.

Cosmos Exploration has progressed its lithium brine extraction testing in Bolivia using Vulcan Energy’s VULSORB® technology and reported promising uranium mineralogy results from its Canadian projects, supported by a $1.25 million capital raise.

Mineral Resources Limited posted a substantial $809 million loss for the half-year ending December 2024, driven by lower revenues and significant impairment charges, notably at its Bald Hill lithium project. The company also announced no interim dividend as it focuses on liquidity and operational transitions.

Arizona Lithium has withdrawn its previous exploration plan for the Big Sandy Lithium Project, opting for a revised development approach with key stakeholder input, while accelerating construction at its Prairie Lithium Project in Canada.