
The Canadian Securities Exchange ("CSE" or "the Exchange") today announced market statistics for April 2025.
April 2025 Operating Statistics
Charger Metals NL (ASX: CHR, “Charger” or the “Company”) is pleased to provide an update for its Lake Johnston Lithium Project, which includes proposed drilling at the Medcalf Prospect. This program will follow the completion of drilling campaigns at the Company’s Coates and Bynoe Projects where drilling approvals are expected in the near term. The Lake Johnston Lithium Project’s ownership is predominately 70% Charger and 30% Lithium Australia NL (ASX: LIT) (see Schedule 1).
Charger’s Managing Director, David Crook commented:
“Charger has commenced the statutory approvals process required before the commencement of drilling of the spodumene-pegmatite target at the Medcalf Spodumene Prospect, which has mineralised outcrops extending over at least 500m of strike and where rock chip samples returned between 1.51% and 5.13% Li2O.
“Charger has successfully delivered new, priority drill targets at each of the Company’s three projects, and despite delays out of our control, we continue to work proactively with Western Australian and Northern Territory regulatory bodies and other stakeholders to commence drilling on each project as soon as permitting is finalised.”
The region hosting the Lake Johnston Project has attracted considerable interest in LCT pegmatite mineralisation due to its proximity to the large Mount Holland Lithium Project under development by Covalent Lithium Pty Ltd (a joint venture between subsidiaries of Sociedad Química y Minera de Chile S.A. and Wesfarmers Limited) located approximately 70km west of the Lake Johnston Project. Mt Holland is understood to be one of the largest undeveloped hard-rock lithium projects in Australia with Ore Reserves for the Earl Grey Deposit estimated at 94.2 Mt at 1.5% Li2O1.
Drilling schedule
The DMIRS2 has flagged delays processing “Program of Work” approvals for ground disturbing activities in Western Australia, which has impacted the start date for drilling at the Company’s Coates Ni Cu Co PGE Project. Similarly, the Company is working through the Northern Territory “Mine Management Plan” process prior to drilling commencing at its Bynoe Lithium Project. The Company is prepared for an immediate start at either of these projects on receipt of the respective statutory approvals.
Drilling planned for the Medcalf Spodumene Prospect
A program of approximately 40 RC holes is proposed to test the Medcalf Spodumene Prospect pegmatites.
The Medcalf Spodumene Prospect was discovered by reconnaissance fieldwork in 2018 and 20193, which included soil geochemistry, mapping and rock chip analysis centred on an area northeast of Lake Medcalf4, WA. Previously, the GSWA5 1:250,000 Lake Johnston map indicated a pegmatite outcrop at this location.
The fieldwork identified a spodumene-pegmatite swarm, comprising about 20 anastomosing pegmatite dykes that outcrop in an area between 500m and 800m long within a corridor 300m wide. The strike direction of the pegmatite dykes is approximately northwest and dip is to the southwest.
Charger’s 2022 soil geochemistry program extended the halo of the lithium-in-soil geochemical anomaly at Medcalf further north into an area where pegmatite-derived sands and minor outcrops suggest a possibly sub-parallel zone just northeast of the main Medcalf pegmatite swarm.
Figure 1: Medcalf Lithium Prospect showing mapped pegmatites, soil sample and rock chip locations. Assays shown are of spodumene-bearing rock chips. The central black rectangle aligns with the geochemical image in Figure 2 below. The large width of the outcropping pegmatite cluster will be drill tes
Figure 2: Shows image processed Li assay values from soil geochemistry (background), overlain by graduated point Li2O assay values. The area of the Medcalf pegmatite cluster is indicated by the central black rectangle with a soil geochemistry anomaly over covering approximately 800m by 600m
Click here for the full ASX Release
This article includes content from Lithium Australia NL, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
The Canadian Securities Exchange ("CSE" or "the Exchange") today announced market statistics for April 2025.
April 2025 Operating Statistics
"The month of April was highlighted by the listing of SNDL Inc., one of the most advanced cannabis companies to list on the Canadian Securities Exchange," said Richard Carleton, CEO of the CSE. "SNDL immediately joined the CSE's Senior Tier, which made it accessible to a broader range of institutional investors and index funds. The Senior Tier, which was introduced in 2023, makes the CSE significantly more attractive to larger issuers seeking a senior listing alternative in Canada."
Summit on Responsible Investment
The CSE is pleased to present the third annual Summit on Responsible Investment (SoRI) on June 5, 2025. After holding last year's virtual conference, we will be back in person in Kelowna, BC for this year's conference. The theme of SoRI 2025 is Creating Value, Stewarding Change and it will feature a series of keynote speakers and presentations from innovative companies in industries including cleantech, renewable energy and life sciences. Attendees will learn more about the future of sustainable finance and the latest trends in ESG investing. The day will conclude with a rooftop networking reception. Please click here to register for SoRI 2025 and to find out more about the speakers and companies participating in the conference. Proceeds from the conference will be donated to the Central Okanagan Food Bank.
What's On at the CSE
The CSE is pleased to be participating in the 10th annual Current Trends in Mining Finance conference, taking place in New York City on May 19-21. The central theme of this year's show is Navigating Risks of an Uncertain and New Reality. Robert Cook, the CSE's Senior Vice President of Market Development, will be speaking on a roundtable on May 20 titled "How Do Small Mining and Exploration Companies Attract Institutional and Retail Investors?"
Richard Carleton will be in Australia next week and will be speaking at the Stockbrokers and Investment Advisers Association annual conference in Sydney on May 20. He will join representatives from the brokerage community, the National Stock Exchange of Australia and the Australian Securities Exchange on a panel titled "Are Australia's Capital Markets Broken?"
The Okanagan Angel Summit is focused on training entrepreneurs to raise capital and build relationships with prospective angels and other investors. It culminates in a live pitch competition with an investment of $180,000 granted to the winner. The seventh annual competition takes place on May 22 in Kelowna, BC, and the CSE is pleased to be a sponsor. In addition to the pitch competition, the event features a panel discussion and networking opportunities.
The CSE is excited to be sponsoring and participating in THE Mining Investment EVENT, an annual mining conference in Quebec City, taking place on June 3-5. The invitation-only, Tier 1 event features more than 100 mining companies active around the world and includes corporate presentations, panel discussions, one-on-one meetings and networking events.
The Benzinga Cannabis Capital Conference returns to Chicago on June 8-10, and the CSE is pleased to be once again participating in this flagship cannabis investing and branding event. The conference features an impressive line-up of cannabis industry executives and other thought leaders. It also includes many affiliate events and a rooftop party to close things off.
New Listings in April 2025
LiTHOS Group Ltd. (LITS)
SNDL Inc. (SNDL)
Allied Critical Metals Inc. (ACM) – Fundamental Change
About the Canadian Securities Exchange:
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Visit Argentina Lithium and Energy (TSXV: LIT) (OTCQB: LILIF) at Booth #2924 at the Prospectors & Developers Association of Canada's (PDAC) Convention at the Metro Toronto Convention Centre (MTCC) from Sunday, March 2 to Wednesday, March 5, 2025.
About Argentina Lithium and Energy
Argentina Lithium & Energy Corp is focused on acquiring high quality lithium projects in Argentina and advancing them towards production in order to meet the growing global demand from the battery sector. The management group has a long history of success in the resource sector of Argentina and a strong track record of government and community relations.
About PDAC
The World's Premier Mineral Exploration & Mining Convention is the leading convention for people, governments, companies and organizations connected to mineral exploration. In addition to meeting more than 1,100 exhibitors, 2,500 investors and 26,000 attendees in person in 2024, participants could also attend programming, courses and networking events.
The annual convention is held in Toronto, Canada. It has grown in size, stature and influence since it began in 1932 and today is the event of choice for the world's mineral industry.
For more information and/or to register for the conference please visit: https://www.pdac.ca/convention.
We look forward to seeing you there.
For further information:
Argentina Lithium and Energy
Shawn Perger
17786860135
perger@grossogroup.com
argentinalithium.com/
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TSX Venture Exchange (TSX-V): LIT
Frankfurt Stock Exchange (FSE): OAY3
OTCQB Venture Market: LILIF
Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTCQB: LILIF), ("Argentina Lithium" or the "Company") reports positive results from the fourteenth exploration well at its Rincon West Project in Salta Province Argentina . Sixteen representative 2.5 or 3 m brine samples collected over a 225-metre interval of RW-DDH-14 ranged from 277 to 379 mgl lithium.
"The fourteen exploration wells drilled at Rincon West have validated our belief that the property has competitive grade potential. All drill holes have demonstrated mid-grade brines, validating our interpretation of the conductive formations identified during geophysical targeting." stated Miles Rideout , V.P. of Exploration. "Our team is currently working on the resource model for the initial exploration area, located on the west side of the Rincon salt flat adjacent to Rio Tinto's Rincon Project. This resource work incorporates results from pump tests currently being completed on the project's initial rotary well. Additional rotary wells are planned for the project, subject to permit approval. The provincial ministry is currently reviewing the drill permit application for the eastern Don Fermin block, which has had no previous drilling but has extensive geophysical responses suggesting subsurface conductive targets are present."
The results, including sampling method, sample interval data, and brine analyses for RW-DDH-14 are shown in Table 1. Drill collar information is presented in Table 2. An extensive selection of core samples has been sent to an independent laboratory for brine recovery testing.
The Rincon West Project covers 5198.8 hectares of the salar basin, consisting of three property blocks adjacent to Rio Tinto's Rincon Project. Drill hole RW-DDH-14 represents the fifth exploration hole of the 6-hole program planned for the Rinconcita II property, originally announced in the Company's October 19, 2023 News Release. The Company is currently completing a long-duration pump test at the sixth hole (RW-RT-01), a deep rotary well drilled beside RW-DDH-11.
Figure 1 presents a map of the western (main) block of the Rincon West project showing the positions of the fourteen exploration diamond drill holes and single rotary hole completed at Rincon West (see News Releases dated July 13, 2022 , October 3, 2022 , October 25, 2022 , January 26, 2023 , April 24, 2023 , May 31, 2023 , January 22, 2024 , April 24, 2024 .and October 1, 2024 ). The drill location plot is overlain by a yellow shaded outline of electrically conductive zones delineated by two geophysics campaigns (see News Releases dated May 2, 2022 and October 19, 2023 ).
Table 1: Interval data and results of brine analyses for lithium, potassium, and magnesium for drill hole RW-DDH- 14*
Sample interval (m) | Sample Method | Li | K | Mg | Density | ||
From | To | Thickness | | (mg/litre) | (g/ml) | ||
24.5 | 27.5 | 3.0 | Single packer | 288 | 5695 | 2643 | 1.195 |
36.5 | 39.5 | 3.0 | Single packer | 294 | 5716 | 2797 | 1.19 |
30.5 | 33.5 | 3.0 | Double packer | 289 | 5641 | 2711 | 1.189 |
42.5 | 45 | 2.5 | Single packer | 277 | 5403 | 2695 | 1.186 |
48.5 | 51.5 | 3.0 | Single packer | 285 | 5548 | 2725 | 1.187 |
66.5 | 69.5 | 3.0 | Single packer | 355 | 6836 | 3186 | 1.215 |
54.5 | 57.5 | 3.0 | Double packer | 353 | 6777 | 3207 | 1.215 |
72.5 | 75.5 | 3.0 | Single packer | 357 | 6881 | 3207 | 1.216 |
84.5 | 87.5 | 3.0 | Single packer | 363 | 7013 | 3302 | 1.216 |
114.5 | 117.5 | 3.0 | Single packer | 379 | 7548 | 3178 | 1.219 |
120.5 | 123.5 | 3.0 | Single packer | 377 | 7521 | 3166 | 1.22 |
132.5 | 135.5 | 3.0 | Single packer | 371 | 7444 | 3131 | 1.22 |
138.5 | 141.5 | 3.0 | Single packer | 362 | 7282 | 3135 | 1.219 |
144.5 | 147.5 | 3.0 | Single packer | 357 | 7146 | 3145 | 1.22 |
240.5 | 243.5 | 3.0 | Single packer | 335 | 6833 | 2850 | 1.218 |
246.5 | 249.5 | 3.0 | Single packer | 364 | 7419 | 3047 | 1.217 |
340.0 | 380.0 | 40.0 | Single packer | 177 | 3644 | 1100 | 1.176 |
*The drill hole was inclined vertically; the brine hosting strata are believed to be flat lying resulting in reported intervals approximating true thickness. |
Drilling Methodology
RW-DDH-14 was executed with HQ-diameter diamond drilling, permitting the extraction of core samples of the salar basin formations and the recovery of brine samples where possible.
Drilling was carried out by Salta-based AGV Falcon Drilling SRL, under the supervision of Argentina Lithium's geologists.
Table 3: Collar and maximum depth information for RW-DDH-14 | ||||||
Hole ID | East | North | Elevation | Azimuth | Dip | Depth |
| UTM Zone 19S (WGS84) | (m) | (deg.) | (deg.) | (m) | |
RW-DDH-14 | 685248 | 7337015 | 3726 | n/a | 90 | 455.0 |
The Company's preferred method for brine sampling deploys a 'single packer' sampling unit during drilling. The packer sampling method allows the recovery of brine samples at specific depths while sealing the hole at the top and bottom of the interval. For single packer sampling, an inflatable seal closes the top of the interval; the lower limit of drilling represents the bottom of the interval. In certain instances, double packer sampling is conducted following the completion of drilling. In this case, inflatable seals are employed to close both the top and bottom of the sample interval. While the geologists can vary the interval length when using single packer sampling, the double packer system is limited to testing 3 m intervals.
Geophysical profiling and lining the hole with 2" diameter PVC filters have been completed. All core samples recovered in drilling were retained for geologic logging.
Observations regarding RW-DDH-14
RW-DDH-14 is located on the eastern-central portion of the Rinconcita II property, within the western salt flat at Rincon Salar.
A total of 17 brine samples were extracted using the single or double packer methods and were submitted for chemical analysis. Sampling was generally accomplished from 3 m intervals, though one 2.5 m interval and one 40 m interval were sampled. Brine samples collected between 24.5 m depth and 249.5 m depth ranged from 277 to 379 mg/l lithium. Over this 225 m interval, 16 single or double packer brine samples were collected totalling 47.5 m of sampling, representing 21.1% of the entire interval.
Drilling from surface to 15.5 m depth intersected fine sandy sediments. Medium sandy layers are interlayered with sandy breccias between 15.5 and 71 m depths. Sandy breccias then dominate to 137 m depth. Relatively loose gravel and sands were intersected between 137 m and 144.7 m . Crystaline halite (salt) was drilled between 144.7 and 208 m . Sandy sediments containing several clayey layers were logged between 208 m and 245 m . Breccia sedimentary units were drilled between 245 and 349 m , frequently exhibiting alteration. Ignimbritic breccia and fractured ignimbrite were logged between 349 and 372.5 m whereupon a tricone was required to advance to 375.5, thus 3 m of core was not recovered. Ignimbritic breccia and fractured ignimbrite then continued to 404.4 m . Breccia with traces of pyrite was drilled between 404.4 and 437.25 m . Ignimbritic breccia was then intersected, extending to the bottom of the hole at 455 m . The sandy units described in this exploration hole are expected to be the most productive levels for extracting lithium brine.
Analyses and QA/QC
Samples of brine were submitted for analysis to Alex Stewart International Argentina S.A. (" Alex Stewart "), the local subsidiary of Alex Stewart International, an ISO 9001:2017 certified laboratory, with ISO 17025:2017 certification for the analysis of lithium, potassium and other elements. Alex Stewart employed Inductively Coupled Plasma Optical Emission Spectrometry (" ICP-OES ") as the analytical technique for the primary constituents of interest, including boron, calcium, potassium, lithium, and magnesium. Measurements in the field included pH, electrical conductivity, temperature and density.
The quality of sample analytical results was controlled and assessed with a protocol of blank, duplicate and reference standard samples included within the sample sequence. For hole RW-DDH-14 the lot contained one blank and one duplicate sample, which reported within the acceptable range. Single low-grade, medium-grade and high-grade reference standard samples (3 standards in total) were included within the submitted sample suite. The low-grade reference standard analysed higher than 3 standard deviations (" SD ") of best value, with 10.4 relative percent difference (" RPD "); the medium-grade reference standard analysed below 3 SD of best value, with 1.3 RPD; the high-grade reference standard analysed below 3 SD of the best value with 2.3 RPD.
Qualified Person
Frits Reidel , CPG is a Qualified Person as defined in National Instrument 43-101, is the Principal of Atacama Water Consultants, and is independent of Argentina Lithium. Mr. Reidel has reviewed the work carried out by the Company's exploration team at the early-stage Rincon West property. The disclosure in this news release has been reviewed and approved by Mr. Reidel.
About Argentina Lithium
Argentina Lithium & Energy Corp is focused on acquiring high quality lithium projects in Argentina and advancing them towards production in order to meet the growing global demand from the battery sector. The Company's strategic investment by Peugeot Citroen Argentina S.A., a subsidiary of Stellantis N.V., one of the world's leading automakers, places Argentina Lithium in a unique position to explore, develop and advance its four key projects covering over 70,000 hectares in the Lithium Triangle of Argentina . Management has a long history of success in the resource sector of Argentina and has assembled some of the most prospective lithium properties in the world renowned "Lithium Triangle". The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.
ON BEHALF OF THE BOARD
"Nikolaos Cacos"
______________________________
Nikolaos Cacos , President, CEO and Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. All statements, other than statements of historical fact, that address activities, events or developments the Company believes, expects or anticipates will or may occur in the future, including, without limitation, statements about the Company's plans for its mineral properties; the Company's business strategy, plans and outlooks; the future financial or operating performance of the Company; and future exploration and operating plans are forward-looking statements.
Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: the impact of COVID-19; risks and uncertainties related to the ability to obtain, amend, or maintain licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining activities; and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company's public disclosure documents for a more detailed discussion of factors that may impact expected future results. The Company undertakes no obligation to publicly update or revise any forward-looking statements, unless required pursuant to applicable laws. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
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SOURCE Argentina Lithium & Energy Corp.
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Livium Ltd (ASX: LIT) ("Livium" or the "Company") wishes to provide a strategic update in response to progress that had been made to shift our various technologies to important inflection points for growth. Livium’s strategy is now focussed on strategic partnering initiatives which will facilitate the ongoing growth and development of the Company’s technologies. With a more focussed set of actions, a review of the business has been undertaken to explore options to reduce costs.
HIGHLIGHTS
Comment regarding the strategic update from Livium CEO and Managing Director, Simon Linge
"We have advanced our strategy to inflection points, with the next phases of growth for each division requiring strategic partners to underpin their growth and development. With a focus on strategic growth partners, we have reviewed our resourcing and made the decision to restructure our organisation and reduce costs.
Livium remains committed to delivering returns for shareholders. Whilst organisational changes may impact our ability to react to opportunities, right sizing the organisation assists in resetting the Company's cost base to become sustainable over this critical period."
NEAR TERM PLANS
The following activities have been identified as key to delivering value in the near term:
BATTERY RECYCLING GROWTH OUTLOOK
The Battery Recycling division generates revenue today, is the largest recycler of lithium-ion batteries in the country, draws on our technical expertise to provide value-added services and has strong commercial relationships. Strategic focus is being placed on Battery Recycling, through Envirostream, due to the potential of increased recycling volumes over the coming years.
During CY2024, Envirostream successfully increased volumes of EV' andESS2 with most of the volume being received under exclusive customer arrangements. Over CY2024, Envirostream collected 736k tonnes of large format batteries and it is estimated that there are five times these volumes available today which are increasingly expected to be recycled due to consumer demand and government regulation. In their Battery Market Analysis, B-cycle show how EV and ESS batteries are expected to dominate3.
Figure 1. EOL Battery Projections by Market Segment3
Focusing on only EV / ESS for the balance of the decade demonstrates the near-term opportunity for Envirostream collections growth relative to current performance.
Figure 2. 5-Year EV and ESS EOL Battery Projections3
The near-term outlook for Envirostream is positive, enabling increases of volumes collected and processed, and providing an opportunity to expand our service offerings in line with market requirements.
To accommodate expectations of market growth, the business intends to explore deploying growth capital to improve operating efficiencies and expand capacity. The company has appointed advisors to coordinate discussions around partnership and growth funding options, which includes both strategic partners and other financiers.
Click here for the full ASX Release
This article includes content from Livium Ltd, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
/NOT FOR DISTRIBUTION TO UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/
TSX Venture Exchange (TSX-V): LIT
Frankfurt Stock Exchange (FSE): OAY3
OTCQX Venture Market: LILIF
Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTCQX: LILIF) ("Argentina Lithium" or the "Company") announces that further to the Company's news release dated October 29, 2024 and amended on November 8, 2024 and despite significant interest from investors including existing shareholders, it will not be proceeding with the non-brokered private placement offering using the Listed Issuer Financing Exemption for the sale of: (i) a minimum of 8,000,000 units of the Company (each, a " Unit ") at a price of $0.15 per Unit (the " Offering Price ") for aggregate gross proceeds of $1,200,000 ; and (ii) a maximum of 23,333,334 Units at the Offering Price for aggregate gross proceeds of $3,500,000.10 (the " Offering ").
The Company is considering alternate sources in funding that do not result in the issuance of shares nor any dilution to our current shareholders.
About Argentina Lithium
Argentina Lithium & Energy Corp is focused on acquiring high quality lithium projects in Argentina and advancing them towards production in order to meet the growing global demand from the battery sector. The Company's 2023 strategic investment by Peugeot Citroen Argentina S.A., a subsidiary of Stellantis N.V., one of the world's leading automakers, places Argentina Lithium in a unique position to explore, develop and advance its four key projects covering over 70,000 hectares in the Lithium Triangle of Argentina . Management has a long history of success in the resource sector of Argentina and has assembled some of the most prospective lithium properties in the world renowned "Lithium Triangle". The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.
ON BEHALF OF THE BOARD
"Nikolaos Cacos"
_________________________________
Nikolaos Cacos , President, CEO and Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Argentina Lithium & Energy Corp.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2024/18/c3680.html
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Lithium prices and mining stocks around the world soared this week after Chinese battery giant Contemporary Amperex Technology (CATL) (SZSE:300750,HKEX:3750) suspended operations at one of the world’s largest lithium mines.
The halt at the Jianxiawo lepidolite mine in Jiangxi province’s Yichun city, a hub for China’s lithium production, came after the mine’s permit expired on August 9.
CATL confirmed the closure on Monday (August 11), saying it is seeking a permit extension but offering no timeline for resuming output. The shutdown will last at least three months, according to people familiar with the matter cited by Bloomberg.
The mine produces around 65,000 tons of lithium carbonate equivalent (LCE) annually, equivalent to roughly 6 percent of global output, according to estimates.
That makes the stoppage one of the most significant supply interruptions in recent years for a metal central to electric vehicle (EV) batteries, grid storage, and consumer electronics.
The most-active lithium carbonate futures contract on the Guangzhou Futures Exchange (GFEX) jumped the daily limit of 8 percent on Monday (August 11), closing at 81,000 yuan (US$11,280) per ton for November delivery.
Meanwhile, spot prices in China also climbed, with Asian Metal reporting a 3 percent increase to 75,500 yuan per ton, the highest margin since February.
On the Liyang Zhonglianjin E-Commerce platform, November delivery prices surged over 10,000 yuan to around 85,500 yuan per ton.
Chandler Wu, senior analyst for battery raw materials at Fastmarkets, estimated that the shutdown would cut about 5,000 tons of LCE from China’s monthly output.
Market sentiment had been building for weeks amid speculation the mine’s license might not be renewed. By Wednesday, contracts on the GFEX were already posting sharp gains, with sellers in the spot market pushing up offers in line with futures prices.
The supply shock sent lithium miners’ shares higher from Sydney to New York.
In the US, Albemarle (NYSE:ALB) jumped more than 15 percent, Lithium Americas (NYSE:LAC) by 13 percent, and Chile’s SQM (NYSE:SQM) by 12 percent.
Australian producers saw similar gains: Pilbara Minerals (ASX:PLS,OTC Pink:PILBF) climbed up to 20 percent, Liontown Resources (ASX:LTR,OTC Pink:LINRF), surged 25 percent, and Mineral Resources (ASX:MIN,OTC Pink:MALRF) advanced 14 percent.
Analysts say the suspension may be linked to Beijing’s “anti-involution” campaign — an initiative aimed at curbing overcapacity and promoting more sustainable production across industries.
The policy theme has recently swept China’s financial markets and affected sectors from steelmaking to e-commerce and EVs.
China has been the world’s top processor of lithium for years. CATL, the world’s largest battery maker, has also aggressively invested in raw material supply chains to secure long-term access to critical minerals like lithium, nickel, and cobalt.
That vertical integration has helped China dominate the global EV market, but it has also contributed to oversupply concerns in the lithium sector.
CATL emphasized that the Jianxiawo shutdown would have “little impact” on its overall operations.
Even so, traders warn that the effects could be far-reaching if the suspension extends beyond Jianxiawo. Local authorities in Yichun have reportedly asked eight other miners to submit reserve reports by the end of September after audits revealed non-compliance in registration and approvals.
Don’t forget to follow us @INN_Resource for real-time news updates!
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
Western Australia has a strong lithium history, and a recent study could help inform future exploration.
Put together by researchers from the Geological Survey of Western Australia (GSWA), Curtin University and the University of Western Australia, the report focuses on the formation of high-grade lithium deposits.
It states that Western Australia supplies around 35 percent of the world's lithium, with much of that coming from pegmatite, a coarse-grained rock commonly found in the state's Archean terrains.
"While most hard-rock lithium is sourced from similar formations, many existing exploration models are based on younger geological settings," an August 7 government press release explains.
The study's findings are summarised as follows:
"GSWA's research challenges these assumptions, as they may not apply to (Western Australia's) ancient crust. The new findings suggests that Archean lithium systems follow distinct rules and require a unique set of geological features for the formation of these deposits."
The Greenbushes mine, owned by the Talison Lithium joint venture between Tianqi Lithium (SZSE:002466,HKEX:9696) and Albemarle (NYSE:ALB), is the world’s largest hard-rock lithium mine.
Operations date back to the 1980s, with annual production estimated at 1.95 million tonnes of lithium spodumene. Located adjacent to the town of Greenbushes in Western Australia, the asset is said to have been discovered in the 1970s, making it a significant mine in Western Australia's lithium history.
As of 2025, Pilbara Minerals' (ASX:PLS,OTC Pink:PILBF) Pilgangoora mine has dethroned Greenbushes in terms of resource size, with the former holding 446 million tonnes at 1.28 percent lithium oxide.
Greenbushes’ resource size as of late 2024 was 440 million tonnes at 1.5 percent lithium oxide.
Aside from these operations, Western Australia recently gained its first underground lithium mine, the Kathleen Valley asset owned by Liontown Resources (ASX:LTR).
Liontown’s latest quarter report, released on July 29, shows that Kathleen Valley produced over 300,000 wet metric tonnes of spodumene concentrate during its first 11 months of operations.
The Kathleen Valley plant reached commercial production in January 2025.
"Our findings provide fundamental insights that not only deepen our knowledge of WA's geology but also strengthen the State's position as a global leader in lithium exploration," said GSWA Executive Director Michele Spencer.
In November 2024, the government of Western Australia announced the Lithium Industry Support Program, which aims to bolster lithium miners and downstream processing facilities.
The program is scheduled to run for up to 24 months, at which time lithium prices “are expected to recover to an economically sustainable level.” During this time, government fees will be temporarily waived to support the continuation of downstream processing of lithium for up to two years, amounting to AU$90 million.
"Lithium is a key element in the global energy transition as we move to achieve a goal of net zero emissions by 2050,” Mines and Petroleum Minister David Michael said in a release at the time.
“We're providing (our lithium miners) with temporary and responsible support now to give them the best chance of continuing to supply the world with lithium products today and well into the future."
At the federal level, the Australian government has introduced critical support for the lithium sector under the broader Future Made in Australia industrial strategy.
Among its initiatives are the Critical Minerals Production Tax Incentive, legislation passed in February to provide a 10 percent tax break on processing and refining costs for critical minerals, including lithium.
“The incentives are valued at AU$7 billion over the decade,” said Federal Resources Minister Madeleine King, calling the legislation a “historic moment” for the industry.
The incentive is applicable from 2028 to 2040, for up to 10 years per project.
There’s also the National Reconstruction Fund (NRF) and Critical Minerals Facility, with the latter’s initial AU$2 billion doubled to AU$4 billion, plus new investments through the NRF.
Recently, the NRF invested AU$50 million in Liontown to support Kathleen Valley, alongside private investment from Canmax Technologies (SZSE:300390), to stabilise financing during weak prices.
A March report by market research platform ASD Reports states that the Australian lithium market reached US$1,294.38 million in 2024 and is expected to hit US$5,309.55 million by 2032.
This demonstrates a compound annual growth rate of 19.3 percent during the forecast period of 2025 to 2032.
However, research firm Fastmarkets has said the lithium market recorded a surplus of around 175,000 tonnes in 2023, and almost 154,000 tonnes in 2024 based on current available data.
This oversupply has pushed prices down and prompted some miners to cut production, leaving investors wondering when a turnaround may come for lithium. Fastmarkets sees improvement this year, with the surplus projected to shrink to 10,000 tonnes. After that, it anticipates a deficit of 1,500 tonnes in 2026.
“We’re expecting a rebalancing of market dynamics over the next few years,” a producer told the firm.
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Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.
Generative artificial intelligence (AI) has helped a group of scientists identify five new materials that could power the next wave of batteries without relying on lithium.
The study, published on June 26 in Cell Reports Physical Science, focuses on materials that could enable multivalent-ion batteries — a technology long touted for its potential, but hindered by practical challenges.
Lithium dominates in batteries used in everything from smartphones to electric vehicles, but faces challenges — it is costly to extract, geographically concentrated and comes with environmental and geopolitical concerns.
As global demand for batteries surges, researchers are racing to find viable alternatives that are both abundant and efficient. Multivalent-ion batteries offer one potential path forward. Unlike lithium-ion batteries, which carry a single positive charge, multivalent-ion batteries using materials like magnesium or zinc carry two or three.
In theory, this means that they can pack more energy into the same space. However, their larger size and stronger charge make it difficult for them to move through standard battery materials.
“One of the biggest hurdles wasn’t a lack of promising battery chemistries — it was the sheer impossibility of testing millions of material combinations,” said lead author Dibakar Datta, a professor of mechanical and industrial engineering at the New Jersey Institute of Technology. “We turned to generative AI as a fast, systematic way to sift through that vast landscape and spot the few structures that could truly make multivalent batteries practical.”
To tackle the challenge, Datta’s team developed a “dual AI” system. The first part, a crystal diffusion variational autoencoder (CDVAE), was trained on vast datasets of known crystal structures. It could generate entirely new porous transition metal oxides, a class of material known for its structural flexibility and ionic conductivity.
The second part was a fine-tuned large language model (LLM) designed to narrow the list.
It focused on materials closest to thermodynamic stability, a critical factor in determining whether a compound can realistically be made and used in the real world.
The CDVAE cast a wide net, creating thousands of hypothetical structures with large, open channels. The LLM then acted as a filter, selecting only those most likely to hold up under actual manufacturing and operational conditions.
“Our AI tools dramatically accelerated the discovery process, which uncovered five entirely new porous transition metal oxide structures that show remarkable promise,” Datta said.
These structures, the study suggests, offer unusually large pathways for ion movement, a crucial step toward making multivalent batteries that charge quickly and last for long periods of time. Quantum mechanical simulations and stability tests confirmed that the materials should be both synthetically feasible and structurally sound.
The five compounds now move to the next stage — experimental synthesis in collaboration with partner laboratories. If successful, they could be incorporated into prototype batteries and eventually scaled for commercial production.
Traditional materials research is often a painstaking, years-long process of hypothesis, synthesis and testing.
By contrast, AI can rapidly explore enormous “material spaces” that would be impossible for humans to search manually, flagging only the most promising candidates for further investigation.
Multivalent-ion batteries have been studied for decades, yet few have reached commercial readiness because the necessary materials either didn’t conduct ions well enough or degraded too quickly.
By using AI to overcome that bottleneck, the research team hopes to accelerate not just battery chemistry, but also the infrastructure needed to support electrification on a global scale.
However, the five materials identified by Datta’s team aren’t ready to replace lithium tomorrow. They still need to be synthesized, tested in lab-scale batteries and proven to perform under real-world conditions.
Safety, scalability and cost effectiveness all remain open questions.
Still, the study’s authors argue that their AI framework has already proven its value by shrinking what could have been a decades-long search into a matter of months.
“This is more than just discovering new battery materials — it’s about establishing a rapid, scalable method to explore any advanced materials, from electronics to clean energy solutions, without extensive trial and error,” Datta added.
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Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
Lithium prices continued their downward trajectory in 2025's second quarter, with battery-grade lithium carbonate hitting a four year low of US$8,329 per metric ton in late June.
Lithium hydroxide followed suit as oversupply and bearish sentiment weighed on the market.
Despite strong electric vehicle (EV) demand, mine supply — driven largely by China, Australia, Argentina and emerging African producers — has outpaced consumption, with Fastmarkets forecasting a 260,000 metric ton surplus for 2025.
“The industry is navigating a period of complexity,” said Paul Lusty, head of battery raw materials at Fastmarkets, speaking at the firm’s June lithium conference. Still, he emphasized that long-term fundamentals remain “anchored in mega trends,” including the global energy transition, artificial intelligence expansions and climate change mitigation.
In China, production ramp ups and new fair competition rules have added volatility, while US policy uncertainty under the Trump administration has dampened investor sentiment. Brief price rebounds in July, spurred by speculation about supply cuts, were short-lived, reflecting sensitivity to rumors over fundamentals. However, even with near-term headwinds, analysts say the structural case for lithium is solid, offering opportunities for long-term-focused investors.
Against this backdrop, some lithium stocks are seeing share price gains. Below is a look at the lithium stocks in Canada, the US and Australia that have performed the best so far in 2025, including updates on their news and activities.
This list of the top-gaining lithium companies is based on year-to-date as per TradingView’s stock screener. Data for Canadian stocks and US stocks was collected on July 22, 2025, and data for Australian stocks was gathered on July 23, 2025. Lithium stocks with market caps above $10 million in their respective currencies were considered.
Year-to-date gain: 58.82 percent
Market cap: C$77.55 million
Share price: C$0.35
NOA Lithium Brines is a lithium explorer and developer with three projects in Argentina’s Lithium Triangle region.
The company's flagship Rio Grande project and prospective Arizaro and Salinas Grandes land packages total more than 140,000 hectares. As NOA works to advance its flagship asset, the company brought on Hatch in April to lead work on a preliminary economic assessment (PEA) for the property. The PEA will evaluate Rio Grande's economic and development potential, with target production of 20,000 metric tons of lithium carbonate equivalent annually, as well as a scalable plant design that could double capacity to 40,000 metric tons per year.
NOA has also been working to secure a water source in the arid region through a drill program targeting fresh water. In late June, the company discovered a fresh water source at the project, located near high-grade lithium zones in the project's northeast area.The location means the water source could support future production facilities or evaporation ponds. The well, drilled to 190 meters in the northern part of the property, is being tested and developed.
Shares of NOA reached a year-to-date high C$0.425 on July 17.
Year-to-date gain: 40 percent
Market cap: C$23.93 million
Share price: C$0.07
Wealth Minerals is focused on the acquisition and development of lithium projects in Chile, including the Yapuckuta project in Chile’s Salar de Atacama, as well as the Kuska Salar and Pabellón projects near the Salar de Ollagüe.
Shares of Wealth spiked to a year-to-date high of C$0.095 on February 9 following the acquisition of the Pabellón project. According to the company, Pabellón has been shortlisted by Chile’s Ministry of Mining as a potential site for a special lithium operation contract based on its geological and environmental suitability.
Located in Northern Chile near the Bolivia border, the Pabellón project spans 7,600 hectares across 26 exploration licenses about 70 kilometers south of the Salar de Ollagüe.
In May, Wealth formed a joint venture with the Quechua Indigenous Community of Ollagüe to advance the Kuska project. The new entity, Kuska Minerals, is 95 percent owned by Wealth and 5 percent by the community, which also holds anti-dilution rights and a seat on the five member board.
Year-to-date gain: 37.5 percent
Market cap: C$38.26 million
Share price: C$0.055
Avalon Advanced Materials is focused on integrating the Ontario lithium supply chain.
The company is developing the Separation Rapids and Snowbank lithium projects near Kenora, Ontario, and the Lilypad lithium-cesium project near Fort Hope, Ontario. Separation Rapids and Lilypad are part of a 40/60 joint venture between Avalon and SCR Sibelco, with Sibelco serving as the operator.
Avalon started the year with a revised mineral resource estimate for the Separation Rapids project, which boosted resources in the measured and indicated category by 28 percent.
Company shares rose to C$0.07, a year-to-date high, on July 15, the day after Avalon released its results for the quarter ended on May 31. A week later, Avalon announced an additional C$1.3 million in funding through a C$15 million convertible security agreement with Lind Global Fund II. The drawdown, expected to close within two weeks, will support project development and general corporate needs, according to the company.
Year-to-date gain: 10.43 percent
Market cap: US$10.82 billion
Share price: US$40.64
SQM is a major global lithium producer, with operations centered in Chile’s Salar de Atacama. The company extracts lithium from brine and produces lithium carbonate and hydroxide for use in batteries.
SQM is expanding production and holds interests in projects in Australia and China.
Shares of SQM reached a year-to-date high of US$45.61 on March 17, 2025. The spike occurred a few weeks after the company released its 2024 earnings report, which highlighted record sales volumes in the lithium and iodine segments. However, low lithium prices weighed on revenue from the segment, and the company's reported net profit was pulled down significantly due to a large accounting adjustment related to income tax.
In late April, Chile’s competition watchdog approved the partnership agreement between SQM and state-owned copper giant Codelco aimed at boosting output at the Atacama salt flat. The deal, first announced in 2024, reached another milestone when it secured approval for an additional lithium quota from Chile's nuclear energy regulator CChEN.
Weak lithium prices continued to weigh on profits, with the company reporting a 4 percent year-over-year decrease in total revenues for Q1 2025.
Year-to-date gain: 9.67 percent
Market cap: US$719.1 million
Share price: US$3.29
Lithium Americas is developing its flagship Thacker Pass project in Northern Nevada, US. The project is a joint venture between Lithium Americas at 62 percent and General Motors (NYSE:GM) at 38 percent.
According to the firm, Thacker Pass is the “largest known measured lithium resource and reserve in the world.”
Early in the year, Lithium Americas saw its share rally to a year-to-date high of US$3.49 on January 16, coinciding with a brief rally in lithium carbonate prices.
In March, Lithium Americas secured US$250 million from Orion Resource Partners to advance Phase 1 construction of Thacker Pass. The funding is expected to fully cover development costs through the construction phase. On April 1, the joint venture partners made a final investment decision for the project, with completion targeted for late 2027.
Other notable announcements this year included a new at-the-market equity program, allowing the company to sell up to US$100 million in common shares.
Year-to-date gain: 8.46 percent
Market cap: US$467.28 million
Share price: US$2.90
Lithium Argentina produces lithium carbonate from its Caucharí-Olaroz brine project in Argentina, developed with Ganfeng Lithium (OTC Pink:GNENF,HKEX:1772).
The company is also advancing additional regional lithium assets to support EV and battery demand.
Previously named Lithium Americas (Argentina), the company was spun out from Lithium Americas in October 2023.
While shares of Lithium Argentina spiked in early January to a year-to-date high of US$3.10, the share price has been trending higher since June 19 to its current US$2.90 value.
Notable news from the company this year includes its name and ticker change and corporate migration to Switzerland in late January and the release of the full-year 2024 results in March.
In mid-April, Lithium Argentina executed a letter of intent with Ganfeng Lithium to jointly advance development across the Pozuelos-Pastos Grandes basins in Argentina. The plan includes a project fully owned by Ganfeng as well as two jointly held assets majority-owned by Lithium Argentina.
The company released its Q1 results on May 15, reporting a 15 percent quarter-over-quarter production reduction, which it attributed to planned shutdowns aimed at increasing recoveries and reducing costs.
Overall, the production guidance for 2025 is forecasted at 30,000 to 35,000 metric tons of lithium carbonate, reflecting higher expected production volumes in the second half of the year.
Year-to-date gain: 123.26 percent
Market cap: AU$35.94 million
Share price: AU$0.48
Jindalee Lithium is focused on its McDermitt lithium project, located on the Oregon-Nevada border, which it regards as a potential low-cost and long-life lithium source for North America. On April 22, McDermitt became one of the Trump administration's first 10 resource projects to be designated as a Fast-41 transparency project.
The designation is intended to fast track resource projects important to the US critical minerals supply chain. It secures publicly accessible permitting timelines and enhances interagency cooperation for the project.
Shares of Jindalee Lithium spiked to a year-to-date high of AU$0.565 on April 30, the day after the company released it quarterly activities report for the March 2025 period.
On July 10, Jindalee announced a memorandum of understanding with US-based LiChem Operations, which is developing its lithium-refining process for battery-grade lithium.
Jindalee will initially supply LiChem with 100 kilograms of ore from McDermitt for testwork.
If both companies are satisfied with the result, Jindalee will provide up to 20 metric tons of further ore to LiChem in stages. There is also potential for Jindalee to negotiate for a licence to use LiChem's process in place of the sulfuric acid flowsheet from its prefeasibility study.
Year-to-date gain: 75.47 percent
Market cap: AU$2.34 billion
Share price: AU$0.93
Liontown Resources has two assets in Western Australia, including the Kathleen Valley mine and processing plant. The mine entered open-pit production during H2 2024, and the plant hit commercial production in January 2025.
The firm is currently transitioning from open-pit to underground mining at Kathleen Valley. Underground production stoping kicked off in April of this year, making Kathleen Valley Western Australia’s first underground lithium mine.
Liontown also owns the Buldania lithium project in the Eastern Goldfields province of Western Australia. The project has an initial mineral resource of 15 million metric tons at 1.0 percent lithium oxide.
On June 30, Liontown announced executive leadership changes, appointing Graeme Pettit as interim CFO and Ryan Hair as COO after CFO Jon Latto and COO Adam Smits stepped down from the positions.
The company released its 2025 fiscal year results on July 29, reporting that Kathleen Valley produced over 300,000 wet metric tons of spodumene concentrate during its first 11 months of operations.
Shares of Liontown reached a year-to-date high of AU$1.03 on July 21.
Year-to-date gain: 57.14 percent
Market cap: AU$145.61 million
Share price: AU$0.11
Anson Resources is developing its flagship Paradox lithium project and its Green River lithium project, both located in Utah's Paradox Basin. It plans to produce lithium from the projects using direct lithium extraction (DLE).
Anson has been progressing at Green River this year. According to its March quarterly activities report, the company completed a DLE pilot program with Koch Technology Solutions, producing 43,000 gallons of lithium chloride eluate with an average lithium recovery of 98 percent from brine extracted from Green River's Bosydaba #1 well.
A June maiden JORC mineral resource estimate for Green River outlines 103,000 metric tons of contained lithium carbonate equivalent in the indicated and inferred categories based solely on drilling at the Bosydaba #1 well.
The prior month, the company negotiated a lower royalty rate agreement with the Utah government.
On July 1, the company signed a non-binding memorandum of understanding with POSCO Holdings (NYSE:PKX,KRX:005490) to co-develop a DLE demonstration plant at Green River, which POSCO will fully fund.
Anson shares spiked in mid-July, ultimately climbing to a year-to-date high of AU$0.11 on July 21, following a pair of announcements. On July 14, Anson shipped about 2 metric tons of lithium brine to POSCO in South Korea for test work and due diligence. Two days later, it announced that its polishing system, which is installed at Green River, successfully reduced the minor contaminants from the lithium chloride eluate produced in the KOCH DLE pilot program.
While we don't know how much total lithium is on Earth, the US Geological Survey estimates that global reserves of lithium stand at 22 billion metric tons. Of that, 9.2 billion MT are located in Chile, and 5.7 billion MT are in Australia.
Lithium is mined throughout the world, but the two countries that produce the most are Australia and Chile. Australia's lithium comes from primarily hard-rock deposits, while Chile's comes from lithium brines. Chile is part of the Lithium Triangle alongside Argentina and Bolivia, although those two countries have a lower annual output.
Rounding out the top five lithium-producing countries behind Australia and Chile are China, Argentina and Brazil.
Lithium has many uses, including the lithium-ion batteries that power electric vehicles, smartphones and other tech, as well as pharmaceuticals, ceramics, grease, lubricants and heat-resistant glass. Still, it is largely the electric vehicle industry that is boosting demand.
Those looking to get into the lithium market have many options when it comes to how to invest in lithium.
Lithium stocks like those mentioned above could be a good option for investors interested in the space. If you’re looking to diversify instead of focusing on one stock, there is the Global X Lithium & Battery Tech ETF (NYSE:LIT), an exchange-traded fund (ETF) focused on the metal. Experienced investors can also look at lithium futures.
Unlike many commodities, investors cannot physically hold lithium due to its dangerous properties.
Through the use of a broker or an investing service such as an app, investors can purchase lithium stocks and ETFs that match their investing outlook.
Before buying a lithium stock, potential investors should take time to research the companies they’re considering; they should also decide how many shares will be purchased, and what price they are willing to pay. With many options on the market, it's critical to complete due diligence before making any investment decisions.
It's also important for investors to keep their goals in mind when choosing their investing method. There are many factors to consider when choosing a broker, as well as when looking at investing apps — a few of these include the broker or app's reputation, their fee structure and investment style.
Don’t forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.
Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: Jindalee Lithium is a client of the Investing News Network. This article is not paid-for content.
Global demand for lithium presents a significant opportunity for Australia.
Australia remains the world’s largest lithium miner, supplying nearly 30 percent of global production in 2024, though its dominance is waning as other lithium-producing countries like Zimbabwe, Argentina and Brazil scale up output.
This influx of supply has pushed lithium prices to multiyear lows, with battery-grade spodumene trading under US$800/tonne — pressuring even efficient Australian producers to trim output or delay projects.
Still, demand fundamentals for the lithium market remain intact. In 2024, global lithium demand jumped nearly 30 percent to 220,000 tonnes, driven by soaring electric vehicle sales up 35 percent. Market watchers expect a gradual price rebound as high-cost supply exits and demand catches up. For example, Goldman Sachs (NYSE:GS) projects that spodumene prices will rise toward US$1,155 by 2027, with long-term deficits emerging by the end of the decade.
For investors eyeing top ASX lithium stocks, the current environment offers abundant production capacity at discounted valuations, though profitability remains tied to a recovery in global lithium prices.
Below the Investing News Network looks at the top five Australian lithium companies by year-to-date gains. The list below was generated using TradingView’s stock screener on July 23, 2025, and ASX lithium companies with market caps above AU$10 million at that time were considered for inclusion.
Year-to-date gain: 123.26 percent
Market cap: AU$35.94 million
Share price: AU$0.48
Jindalee Lithium is focused on its McDermitt lithium project, located on the Oregon-Nevada border, which it regards as a potential low-cost and long-life lithium source for North America. On April 22, McDermitt became one of the Trump administration's first 10 resource projects to be designated as a Fast-41 transparency project.
The designation is intended to fast track resource projects important to the US critical minerals supply chain. It secures publicly accessible permitting timelines and enhances interagency cooperation for the project.
Shares of Jindalee Lithium spiked to a year-to-date high of AU$0.565 on April 30, the day after the company released it quarterly activities report for the March 2025 period.
On July 10, Jindalee announced a memorandum of understanding with US-based LiChem Operations, which is developing its lithium-refining process for battery-grade lithium.
Jindalee will initially supply LiChem with 100 kilograms of ore from McDermitt for testwork.
If both companies are satisfied with the result, Jindalee will provide up to 20 tonnes of further ore to LiChem in stages. There is also potential for Jindalee to negotiate for a licence to use LiChem's process in place of the sulphuric acid flowsheet from its prefeasibility study.
Year-to-date gain: 75.47 percent
Market cap: AU$2.34 billion
Share price: AU$0.93
Liontown Resources has two assets in Western Australia, including the Kathleen Valley mine and processing plant. The mine entered open-pit production during H2 2024, and the plant hit commercial production in January 2025.
The firm is currently transitioning from open-pit to underground mining at Kathleen Valley. Underground production stoping kicked off in April of this year, making Kathleen Valley Western Australia’s first underground lithium mine.
Liontown also owns the Buldania lithium project in the Eastern Goldfields province of Western Australia. The project has an initial mineral resource of 15 million tonnes at 1.0 percent lithium oxide.
On June 30, Liontown announced executive leadership changes, appointing Graeme Pettit as interim CFO and Ryan Hair as COO after CFO Jon Latto and COO Adam Smits stepped down from the positions.
The company released its 2025 fiscal year results on July 29, reporting that Kathleen Valley produced over 300,000 wet metric tonnes of spodumene concentrate during its first 11 months of operations.
Shares of Liontown reached a year-to-date high of AU$1.03 on July 21.
Year-to-date gain: 57.14 percent
Market cap: AU$145.61 million
Share price: AU$0.11
Anson Resources is developing its flagship Paradox lithium project and its Green River lithium project, both located in Utah's Paradox Basin. It plans to produce lithium from the projects using direct lithium extraction (DLE).
Anson has been progressing at Green River this year. According to its March quarterly activities report, the company completed a DLE pilot program with Koch Technology Solutions, producing 43,000 gallons of lithium chloride eluate with an average lithium recovery of 98 percent from brine extracted from Green River's Bosydaba #1 well.
A June maiden JORC mineral resource estimate for Green River outlines 103,000 tonnes of contained lithium carbonate equivalent in the indicated and inferred categories based solely on drilling at the Bosydaba #1 well.
The prior month, the company negotiated a lower royalty rate agreement with the Utah government.
On July 1, the company signed a non-binding memorandum of understanding with POSCO Holdings (NYSE:PKX,KRX:005490) to co-develop a DLE demonstration plant at Green River, which POSCO will fully fund.
Anson's share price spiked in mid-July, ultimately climbing to a year-to-date high of AU$0.11 on July 21, following a pair of announcements. On July 14, Anson shipped about 2 tonnes of lithium brine to POSCO in South Korea for test work and due diligence. Two days later, it announced that its polishing system, which is installed at Green River, successfully reduced the minor contaminants from the lithium chloride eluate produced in the KOCH DLE pilot program.
Year-to-date gain: 22.22 percent
Market cap: AU$14.81 million
Share price: AU$0.022
Future Battery Minerals' portfolio includes its flagship Kangaroo Hills lithium project and Miriam lithium-gold project, which are part of its Coolgardie lithium projects in Western Australia's Goldfields region.
It is also exploring its Coolgardie gold projects: Kal North, Burbanks East and Nepean South.
The company said in a March quarterly activities update that it received a program of works for a maiden Phase 1 drilling program at the Miriam project, with one in place for future drilling at Kangaroo Hills. It plans to schedule exploration drilling at the Coolgardie lithium projects once the metal reaches more favourable market conditions.
"In the interim, FBM is focussed on low-cost preservation of the underlying value that exists within its Kangaroo Hills and Miriam lithium tenure,” the company stated.
On May 19, the company confirmed it had acquired the remaining 15 percent interest in the lithium rights at Miriam, as well as all gold and base metal rights. In its June quarterly report, released on July 24, Future Battery Minerals discussed its current focus on gold exploration, stating that a gold-focused review of historical drill data at Miriam "highlighted consistent and continuous gold mineralisation ... over more than 600 metres at the Forrest prospect."
The company completed its gold-focused Phase 1 reverse-circulation drill program at Miriam's Forrest and Canyon prospects on July 22. Shares of Future Battery Minerals reached a year-to-date high of AU$0.029 on July 25.
Year-to-date gain: 17.86 percent
Market cap: AU$46.08 million
Share price: AU$0.033
Argosy Minerals is currently focused on advancing its Rincon lithium project in Salta Province, Argentina.
The project spans 2,794 hectares within the Lithium Triangle. Argosy currently holds a 77.5 percent interest in Rincon, with plans to increase to 90 percent through its earn-in agreement. It entered production of battery-grade lithium carbonate in 2024 at its 2,000 tonne per year demonstration facility, but has since suspended operations due to the low lithium price environment. The company continues to advance feasibility for its 12,000 tonne per year expansion.
The project currently holds a JORC total mineral resource estimate of 686,875 tonnes of lithium carbonate.
On June 27, the company announced a lithium carbonate spot sales contract with a Hong Kong-based chemical company for 60 tonnes of 99.5 percent lithium carbonate.
Shares of Argosy surged 79 percent on July 3 to AU$0.034, a move the company attributed in part to the sales contract news, as well as to increasing positive sentiment in the sector.
On July 11, Argosy announced that detailed engineering and feasibility works to develop a 7 kilometre electric transmission line able to supply up to 40 megawatts of energy to Rincon were underway.
Shares of Argosy reached a year-to-date high of AU$0.035 on July 24.
Lithium is the lightest metal on the periodic table, and it is used in a wide variety of applications, including lithium-ion batteries, pharmaceuticals and industrial applications like glass and steel.
Rechargeable lithium-ion batteries work by using the flow of lithium ions in the battery's cell to power a device.
A lithium-ion battery has one or more cells, depending on the amount of energy storage it is capable of, and each cell has a positive electrode and negative electrode with an electrolyte separating them. When the battery is in use, lithium ions flow from the negative electrode to the positive electrode, running out of power once all have transferred. When the battery is charging, ions flow the opposite way.
Lithium is mined from two types of deposits, hard rock and evaporated brines. Most of the world's lithium production comes out of Australia, which hosts the Greenbushes hard-rock lithium mine. The next-largest producing country is Chile, which like Argentina and Bolivia is located in South America's Lithium Triangle.
Lithium in this famed area comes from evaporated brines, including the Salar de Atacama. Lithium can also be found in sedimentary deposits, but currently none are producing.
Australia's lithium mines are all located in Western Australia except for one, Core Lithium’s (ASX:CXO,OTC Pink:CXOXF) Finniss mine in the Northern Territory.
Several companies own lithium mines in Australia, including some of the biggest ASX lithium stocks. In addition to the entities discussed above, others include: Pilbara Minerals (ASX:PLS,OTC Pink:PILBF) with its Pilgangoora operations; Jiangxi Ganfeng Lithium (HKEX:0358), which owns the Mount Marion mine alongside Mineral Resources (ASX:MIN); and Tianqi Lithium (SZSE:002466), which is a partial owner of Greenbushes via its stake in operator Talison Lithium.
Australia’s largest lithium producer is Albemarle (NYSE:ALB), which has interests in both the Greenbushes and Wodgina hard-rock lithium mines. Greenbushes is the world’s largest lithium mine, and Albemarle holds a 49 percent interest in the mine through the Talison Lithium joint venture.
Albermarle also has 50 percent ownership in the Wodgina mine alongside operator Mineral Resources, and wholly owns the Kemerton lithium hydroxide production facility.
Don’t forget to follow us @INN_Australia for real-time updates!
Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: Jindalee Lithium is a client of the Investing News Network. This article is not paid-for content.
Albemarle (NYSE:ALB) is cutting costs and investment plans as it adjusts to lithium price weakness, even as demand from the electric vehicle (EV) and energy storage sectors holds up better than expected.
The major lithium miner reported a Q2 profit of US$22.9 million, a significant turnaround from the US$188.2 million loss it posted a year ago. While total revenue fell 7 percent to US$1.33 billion, the figure still came in ahead of Wall Street’s US$1.22 billion estimate, buoyed by cost management and stronger-than-expected results in its specialties division.
“Our job is just to keep working on the things that are in our control, because we don’t really have a clear line of sight to where pricing is going,” CFO Neal Sheorey told investors on Thursday (July 31).
Sheorey said Albemarle has reached its US $400 million annualized cost-savings and productivity target, citing measures such as supply chain restructuring and improved operations at lithium conversion and mining sites.
The company now expects to spend between US$650 million and US$700 million in capital expenditures for the full year, narrowing its previous guidance of US$700 million to US$800 million.
With lower spending and continued operational execution, Albemarle said it expects to achieve positive free cash flow for 2025 — so long as current lithium prices, which have hovered around US$9 per kilogram, persist.
Lithium prices have come off historic highs seen from 2021 to 2022.
But that surge spurred rapid supply growth, and by late 2022, the market entered a surplus. Prices have since declined sharply and now sit near levels that are not considered economically viable for many new or greenfield projects.
Despite the pricing downturn, Sheorey emphasized that demand for lithium has not collapsed.
During the company’s earnings call, he maintained that demand has held up better than expected this year, pointing to robust growth in China and Europe that is offsetting a more subdued US market.
“The outlook in North America is less certain, particularly in the United States due to the potential impact of tariffs and the removal of the 30D tax credit in September,” Sheorey said.
He added that the US accounts for only about 10 percent of global EV sales.
In contrast, EV sales in China rose 41 percent year-to-date, including a 44 percent jump in battery EVs spurred by recent subsidies, while Europe also showed double-digit growth.
Still, Sheorey cautioned that pricing remains under pressure. “We continue to expect the full-year EBITDA margin [for energy storage] to average in the mid-20 percent range assuming our $9 per kilogram price scenario,”
According to Albemarle’s internal analysis, the market could return to balance as early as next year if current price levels persist. “New project development has begun to slow, while demand continues to be robust,” the company said. It estimates that demand growth could outstrip supply growth by up to 10 percent per year between 2024 and 2030.
Much of the company’s current optimism stems from performance at its integrated production and processing facilities, particularly due to strong volumes from Albemarle’s Wodgina mine and the Salar yield improvement project.
With lithium demand expected to more than double by 2030, Albemarle is betting that its investments in operational excellence and global reach will pay off once the market stabilizes.
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Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.