Altura mining has announced information about a $28 Million capital raising to fund its lithium project in West Australia. The financing package comprises of: ·         National & international investors $23 million AUD ·         Secure Purchase Plan for existing shareholders to participate in capital raising $5 million
The new year has seen two separate instances of company insiders purchasing large quantities of stock in Perth based European Lithium Ltd (ASX:EUR). Non-Executive Chairman Antony Sage has purchased 2 million shares of the company’s stock at an average cost of $0.09 per share in late January, whilst...
Albermarle Corporation and Mineral Resources have formally closed their $1.6 billion deal to build the Wodgina hard rock spodumene project in Western Australia. The companies have entered a binding agreement which forms a 50:50 joint venture for the exploration, development, mining, and production of...
Kidman Resources announced on-Monday that it has been successful in overturning forfeiture applications that threatened to stop its Mt Holland lithium project in WA. The joint venture between Kidman Resources and South American giant SQM was put under fire earlier this year when Phoenix Rise and Jeffrey...
Shares in Mineral Resources (ASX:MIN) have surged almost 27% on news of a potential joint venture deal with American lithium powerhouse Albemarle Corporation. If executed, the agreement will see lithium producer acquire half of the Wodgina lithium project in WA currently owned by Mineral Resources. Albermarle will...
Pilbara Minerals has defied critics and is moving to expand its Pilgangoora mine in a bid to double its production at the Pilbara mine. The estimated cost of expansion currently sits at around $231 million, with CEO Ken Brinsden looking at various options to raise the capital for the expansion.
Perth based Sayona Mining Limited (ASX:SYA) has this week announced results from its latest drilling program underway at the Malina spodumene pegmatite project in the Pilgangoora district of Western Australia. The results included drilling of a total of 30 holes of an overall...
Kidman Resources’ (ASX:KDR) share price has increased by 15% with investment decision news related to the company’s Mt Holland project in Western Australia, which is set to create 300 full time roles as well as almost $2 billion in royalties to the Government of Western Australia. The...
Lithium concentrate shipped from Western Australian Pilbara Minerals (ASX: PLS) have undergone the compulsory independent laboratory testing,  with results received early this week. The laboratory tests are the final condition to confirm the quality of Pilbara Mineral’s lithium output before payment from the user to producer.
Tianqi Lithium, China’s largest lithium producer has won a strategic court order allowing the Chinese producer to become the second largest shareholder in South American lithium producer SQM. SQM is the world’s second largest producer of lithium, which originally raised concerns amongst Chilean regulators regarding the Chinese competitor’s...