Latest Lithium Sector News

Chariot Corporation and partners have formalized a phased small-scale mining initiative in Nigeria, aiming to unlock near-term lithium production while advancing larger exploration goals.

Elevra Lithium reports a 31% surge in spodumene concentrate production for FY25, alongside significant resource expansions and a clear growth roadmap post-merger.

Argosy Minerals has executed a spot sales contract for 16.1 metric tonnes of lithium carbonate from its Rincon project, marking a key commercial milestone amid rising lithium prices.

Fulcrum Lithium has unveiled promising geophysical survey results that significantly extend the known lithium claystone mineralisation at its Alkali Flats project in Nevada, setting the stage for an ambitious Phase 3 drilling campaign.

Mineral Resources Limited and POSCO Holdings have agreed to form a $1.2 billion joint venture for their lithium assets, marking a significant step in global lithium supply partnerships. The deal will strengthen MinRes’ balance sheet and deepen ties between Australia and Korea in critical minerals.

Galan Lithium has completed a $20 million strategic placement with Clean Elements, fully funding Phase 1 construction of its Hombre Muerto West lithium project in Argentina, with production on track for mid-2026.

Premier1 Lithium has successfully closed an oversubscribed renounceable entitlement offer and follow-on placement, raising over $2.17 million to fund exploration at its key Western Australian projects.

Chariot Corporation has secured a controlling stake in a major Nigerian lithium portfolio, marking a strategic entry into the Africa-China lithium corridor, supported by a A$1.6 million capital raise and enhanced working capital facility.

Redstone Resources reports promising copper and cobalt assay results from deep drilling at its West Musgrave project, supported by multiple government grants and a recent $650,000 capital raise to advance exploration.

Galan Lithium has completed a $20 million placement and secured Argentine government incentives, advancing its Hombre Muerto West lithium project toward first production in early 2026.

Bulletin Resources has significantly expanded its Lake Rebecca Gold Project, nearly doubling its size through strategic acquisitions, while facing regulatory challenges at its Ravensthorpe Lithium Project. The company maintains a robust financial position as it plans targeted drilling and reviews next steps.

Lake Resources applauds Lilac Solutions’ launch of its fifth-generation ion exchange technology, promising significant cost and efficiency gains for the Kachi lithium project.