Latest Lithium News

Gold Mountain Limited launches a $3.5 million capital raise through an entitlement offer and placement to fund exploration projects in Brazil and Papua New Guinea, supported by key shareholders including Jose Luis Manzano.

Pioneer Lithium has raised $750,000 through a well-supported placement featuring director participation and a board reshuffle, aiming to fuel exploration and project development.

Venari Minerals has completed a $4.1 million placement, bolstering its efforts to advance key lithium and gold projects, including a maiden resource estimate at Red Mountain.

Lightning Minerals has completed its first drilling campaign at the Esperança lithium project in Brazil, intersecting multiple thick pegmatite zones that hint at promising lithium potential despite currently low grades.

Vulcan Energy has inked a €110 million fixed-price contract to build a geothermal power plant in Germany, a cornerstone for its Phase One Lionheart Project that aims to supply sustainable lithium and renewable energy for half a million electric vehicles annually.

Zenith Minerals has raised A$7.65 million through a strategic placement with Ida Metal Investments, strengthening its cash position to fast-track drilling at its Dulcie and Red Mountain gold projects.

Liontown Resources reported a solid FY25 with A$298 million in revenue and positive EBITDA, setting the stage for a strategic underground transition in FY26 backed by a strengthened balance sheet and sustainability commitments.

Vanadium Resources Limited is advancing multiple offtake discussions for its Steelpoortdrift project, with competing proposals offering improved terms over existing agreements. Operational readiness steps are progressing, including key executive appointments and contractor finalisations.

Liontown Resources reports a strong first operational year at Kathleen Valley with $298 million revenue and $55 million underlying EBITDA despite lithium price pressures. The company is now gearing up for a strategic transition to underground mining backed by a robust $528 million cash position.

Core Lithium has terminated its final spodumene offtake agreement with Ganfeng Lithium, unlocking full marketing flexibility for its Finniss Lithium Project and enhancing strategic funding options.

AnteoTech has formalized a joint development and sales agreement with US-based Black Diamond Structures to co-develop an advanced battery product targeting high silicon lithium-ion anodes in the US market.

Lithium Energy has acquired the Mt Dromedary Graphite Project, merging it with its Burke deposit to form a world-class high-grade graphite inventory, setting the stage for a vertically integrated battery anode material business in Queensland.