Latest Lithium News

Red Mountain Mining has raised $400,000 through convertible notes to fund drilling at its Kiabye Gold Project in Western Australia and further exploration at the Armidale Antimony-Gold Project in New South Wales.

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.

Redivium Limited has launched its Trading Division and secured key agreements as it pushes forward with European battery recycling projects, though funding challenges remain.

VDM Group Limited faces suspension on the ASX due to a joint venture dispute in Angola, halting exploration activities. The company is pivoting towards new critical minerals projects in Australia to restore trading and investor confidence.

Andromeda Metals has successfully produced ultra-high purity alumina (HPA) at 99.9985% purity using a novel, cost-effective, and lower carbon process from kaolin sourced at its Great White Project. Independent validation confirms the breakthrough, positioning the company to capitalize on growing global demand.

Perpetual Resources has appointed ServDrill Brazil to begin its inaugural lithium drilling campaign at the promising Igrejinha Project in Brazil’s Lithium Valley, targeting high-grade spodumene mineralisation along a 1.4km pegmatite corridor.

Everest Metals has secured a $50,000 CSIRO Kick-Start voucher to conduct advanced geochemical studies on rubidium, lithium, and caesium at its Mt Edon project, aiming to enhance recovery processes and exploration targeting over nine months.

WIN Metals has won a co-funded drilling grant from the Western Australian Government to test the Ganymede gold prospect, a promising extension of the Butchers Creek deposit. The grant covers half the drilling costs, accelerating exploration plans for 2025.

Black Canyon Limited has won a $122,500 co-funded grant from the WA Government to advance its Phase Two drilling at the promising Wandanya manganese and iron project, aiming to unlock further high-grade mineralisation along a 3km strike.

Lithium Energy Limited has received over US$33 million from the partial sale of its Solaroz Lithium Brine Project and acquired a 100% stake in the Capricorn Gold-Copper Belt Project, positioning itself for a strategic turnaround amid ASX suspension.

Askari Metals has reported a significant 28% increase in its Burracoppin Gold Project resource, while advancing strategic acquisitions in Africa and completing a $1.1 million capital raise.

Riversgold Ltd has exercised its option to increase ownership to 80% in the Kalgoorlie East Northern Zone Gold Project, submitting a mining lease application while delivering significant shallow gold intercepts. Concurrently, its Saint John project in Canada reports high-grade copper, gold, silver, and antimony assays, with drilling approvals secured.