Latest Lithium News

Vulcan Energy Resources has marked significant progress in Q1 2025 by achieving Strategic Project status under the EU Critical Raw Materials Act and producing Europe’s first fully integrated battery-quality lithium hydroxide monohydrate. The company advances drilling, financing, and commercial partnerships, positioning itself as a key player in Europe’s sustainable lithium supply chain.

Alchemy Resources reported significant progress at its Karonie Gold-Lithium Project with JOGMEC completing its $600,000 farm-in commitment and over 4,000 soil samples analyzed, identifying 12 priority targets for follow-up. Meanwhile, strong copper and gold assays at Lachlan’s Yellow Mountain prospect and regained Bryah Basin control underscore a busy quarter.

Red Mountain Mining has advanced exploration across its Fry Lake, Armidale, and Kiabye projects, identifying promising gold and antimony targets and preparing for follow-up drilling and sampling programs.

Piedmont Lithium reported a 15% decline in Q1 2025 spodumene concentrate production due to weather disruptions, yet achieved a record lithium recovery rate in March, signaling operational resilience amid challenges.

Gold Mountain Limited reports robust exploration progress across its Brazilian portfolio, confirming high-grade rare earth element mineralisation and defining multiple lithium drill targets, supported by a $3.05 million capital raise.

Firebird Metals has made significant strides in its LMFP battery strategy, finalizing multiple offtake agreements with Chinese manufacturers and securing a mining lease for its Oakover project, positioning itself as a low-cost producer in the growing battery materials market.

Morella Corporation has made significant progress in lithium and rubidium exploration across its Western Australian projects, while securing fresh funding through a recent share placement to support ongoing drilling and resource definition.

Deterra Royalties Limited reported a 4% increase in portfolio revenue to AUD 61.9 million for the March 2025 quarter, driven by robust iron ore royalties and record gold margins. The company also marked a major milestone with the Final Investment Decision and full funding secured for Phase 1 of the Thacker Pass Lithium Project, targeting production in 2027.

Jindalee Lithium Limited reported a solid cash position of A$3.74 million at the end of March 2025, supported by a successful equity raise and asset disposals, extending its funding runway to 4.5 quarters.

Jindalee Lithium advances its McDermitt Lithium Project in the US with a robust 63-year Pre-Feasibility Study, enhanced permitting progress, and strong US government support under the FAST-41 initiative. Strategic partnerships and funding efforts are underway to de-risk and develop this critical mineral asset.

Burley Minerals has completed maiden drilling at its Cane Bore Iron Project with assay results due soon, while securing $1 million in fresh capital to accelerate exploration in Western Australia’s Pilbara region.

Taruga Minerals reports progress on multiple Western Australian exploration licences, highlights promising high-grade rock chip results at Thowagee, and maintains a robust cash balance of $1.8 million as it navigates regulatory challenges in South Australia.