Latest Lithium News

Pilbara Minerals reported a 4% rise in spodumene production and a 7% increase in sales for FY25 despite a 43% plunge in lithium prices, resulting in a statutory loss but maintaining robust cash reserves.

Pilbara Minerals Limited (PLS) reported a challenging FY25 marked by a 39% revenue drop and a net loss of $196 million amid falling lithium prices. Despite this, the company advanced key expansion projects, acquired a Brazilian lithium asset, and made significant sustainability strides.

Pilbara Minerals has released an updated Mineral Resource Estimate for its Colina Lithium Project in Brazil, consolidating its 100% ownership following the Latin Resources acquisition. The estimate confirms a substantial lithium oxide resource supporting open pit mining prospects.

Perpetual Resources has reported exceptional preliminary caesium oxide grades up to 30.11% at its Igrejinha prospect, underscoring the strategic potential of this rare mineral amid constrained global supply. Certified assays and maiden drilling results are anticipated soon, promising to clarify the project's economic outlook.

Wildcat Resources has significantly extended the lithium-bearing pegmatites at its Bolt Cutter Central discovery near Tabba Tabba, with diamond drilling revealing a down-dip extension of over 700 metres. The discovery remains open in all directions, underpinning a promising exploration pipeline.

5E Advanced Materials has priced an $8.31 million public offering to fund its boron facility operations and development projects, reinforcing its position in specialty materials for clean energy and security.

Axel REE Limited has announced a maiden inferred gallium mineral resource of 100 million tonnes at its Caladão Project in Brazil, marking a significant milestone in critical minerals exploration amid global supply constraints.

Piedmont Lithium has released an updated timetable for its merger with Sayona Mining, marking key dates for stockholder approval, trading suspensions, and the final merger close by late August 2025.

iTech Minerals has identified significant new mineralisation zones at its Reynolds Range project in the Northern Territory, including high-grade antimony, gold, and copper, with drilling planned for late 2025 to test these promising targets.

James Bay Minerals reveals promising drill results indicating potential extensions to its near-surface gold resource at the Independence Project in Nevada, highlighting new stacked lodes and significant mineralised intercepts.

Resource Minerals International Ltd has acquired a 50% interest in a Saudi Arabian joint venture, gaining access to the highly prospective Shaib Marqan gold and base metals exploration licence. This move positions RMI to leverage Saudi Arabia’s expanding mining sector under Vision 2030 reforms.

WIN Metals has secured $2.35 million through a heavily oversubscribed placement to accelerate drilling at its high-grade Radio Gold Mine and advance resource evaluation at Butchers Creek.