Latest Lithium News

Centrex Limited has initiated a $10.4 million Entitlement Offer to fund the critical Stage 1.5 Expansion of its Ardmore Phosphate Project, aiming to boost production capacity to 625ktpa. The company highlights the pivotal role of this capital raise in securing operational continuity amid notable financial and logistical risks.

Fulcrum Lithium Ltd has successfully completed its IPO, raising $9.7 million, and commenced drilling at its Alkali Flats lithium project in Nevada, marking a significant step in its exploration journey.

Delta Lithium reports strong drilling results and successful metallurgical test work at its Yinnetharra Lithium Project, underpinning confidence in resource expansion and future development plans.

TG Metals Limited reports robust metallurgical testwork outcomes for spodumene concentrate at its Lake Johnston Project, achieving lithium grades exceeding 6% Li2O and recovery rates above 80%. The company maintains a solid cash position of $5.3 million as it prepares for further exploration in 2025.

Liontown Resources has delivered a robust December quarter, achieving positive net cash flow and record production at its Kathleen Valley lithium project, reinforcing its path to becoming a major sustainable spodumene supplier.

Kali Metals has significantly extended the gold-in-soil anomaly at its Marble Bar Project, increasing the strike length by 80% to 9.5 kilometres. The company is now prioritising gold exploration while maintaining lithium as a secondary focus.

Liontown Resources has reported a robust December 2024 quarter at its Kathleen Valley Lithium Operation, delivering strong production and financial results that underscore its trajectory towards becoming a world-class lithium producer.

iTech Minerals has entered a binding agreement with global lithium giant SQM to jointly develop the Reynolds Range Lithium Project, marking a significant step forward for the Northern Territory asset. This partnership enables SQM to earn up to a 70% stake in lithium rights, backed by a structured investment and exploration program.

Lithium Energy Limited has received a US$6 million second deposit from CNGR Netherlands, marking a key milestone in the US$63 million sale of its Solaroz Lithium Brine Project. Shareholder approval has made the amended sale agreement unconditional, setting the stage for phased completion in 2025 and 2026.

Askari Metals has closed a $350,000 strategic placement with Celtic Finance Corp. to advance its growing uranium portfolio in Tanzania, shifting away from a previously planned Rights Issue.

Rapid Lithium Limited has revised payment terms for its Ingersoll Project acquisition and opted out of a previously planned deal with Patriot Lithium, sharpening its focus on lithium exploration and a new gallium-germanium project.

Premier1 Lithium Limited has reported multiple high-grade gold assay results from its Yalgoo Project, revealing significant new mineralisation zones and setting the stage for a targeted drilling campaign in early 2025.