Latest Lithium News

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.

Rio Tinto's Q4 2024 production results reflect steady operational performance with record bauxite output and significant progress on key growth projects like Oyu Tolgoi and Rincon lithium expansion.

5E Advanced Materials has entered a pivotal Restructuring Support Agreement with its primary lenders to equitize $63.5 million in convertible notes and secure up to $30 million in funding. The transaction, subject to shareholder approval, aims to strengthen the balance sheet and advance the company toward its Final Investment Decision.

Gold Mountain Limited has outlined a strategic 14-hole drilling campaign targeting high-priority lithium anomalies in Brazil’s Bananal Valley, following comprehensive soil sampling and mapping at its Salinas II Project.

Greenwing Resources has announced a maiden Mineral Resource Estimate of 1.07 million tonnes Lithium Carbonate Equivalent at its San Jorge Lithium Brine Project in Argentina, with promising geophysical data suggesting significant upside potential.

Sipa Resources has inked agreements to acquire four advanced gold projects in South Australia and Western Australia, positioning itself for a significant exploration boost. The $2.2 million deal, coupled with a $1.75 million capital raise, signals a strategic pivot towards expanding its resource base.

St George Mining has inked a pivotal Memorandum of Understanding with steel giant Liaoning Fangda Group, setting the stage for collaborative development and offtake of its high-grade Araxá niobium-REE project in Brazil.

5E Advanced Materials has announced a $30 million funding package alongside a significant restructuring of its convertible notes, aiming to strengthen its balance sheet and advance toward a Final Investment Decision.

Megado Minerals has secured an agreement to acquire an 80% stake in a significant copper project in Spain and entered a strategic exploration deal for rare earths in the US, positioning itself at the forefront of critical minerals supply.

Raiden Resources has reported promising high-grade lithium mineralisation in its maiden drilling at Andover South, while identifying a potentially larger, untested Southern Corridor target for future exploration.