Latest Lithium Energy (Asx:Lel) News

Lithium Energy Limited has won $189,200 in Queensland Government funding to advance exploration at its Bajool Prospect, targeting a significant porphyry copper-molybdenum system within the Capricorn Gold-Copper Belt Project.

Lithium Energy Limited has completed a 38km passive seismic survey at its White Plains Lithium Brine Project in Utah, revealing a promising Half Graben Basin structure up to 600 metres deep. This milestone sets the stage for advanced geophysical surveys and targeted drilling to define lithium resources.

Lithium Energy Limited has staked a significant 6,150 hectares of mineral claims in Utah, targeting lithium brine mineralisation as part of its strategic growth and ASX reinstatement plans.

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.

Lithium Energy Limited has received US$26 million following the completion of Tranche 1 in the staged US$63 million sale of its Solaroz Lithium Brine Project interest to CNGR Netherlands New Energy Technology B.V. The transaction marks a significant milestone in the company’s strategic asset divestment.

Lithium Energy Limited has obtained final Environmental Impact Assessment approvals for key Solaroz concessions, paving the way for the next phase of lithium exploration and evaluation in Argentina.

Lithium Energy Limited has secured unconditional shareholder approval for the amended sale of its Solaroz Lithium Brine Project, with completion now staged over two tranches through January 2026. Meanwhile, the company prepares for the Axon Graphite spin-out IPO, navigating an ongoing ASX trading suspension due to operational thresholds.

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.