Pilbara Minerals’ $371m takeover of Latin Resources: What this game-changing acquisition means for the lithium industry

Pilbara Minerals’ $371m takeover of Latin Resources: What this game-changing acquisition means for the lithium industry

Australian lithium mining company Pilbara Minerals has announced a major acquisition of Latin Resources in a binding scheme implementation agreement (SIA) valued at approximately A$559.9 million (US$371 million). This all-share transaction will see Latin Resources’ shareholders receive 0.07 new Pilbara Minerals shares for each share they hold, marking a 57% premium over Latin Resources’ 10-day […]

Jindalee Lithium announces funding to boost McDermitt Lithium Project

Jindalee Lithium announces funding to boost McDermitt Lithium Project

Jindalee Lithium Limited is set to significantly advance its McDermitt Lithium Project, which boasts the largest lithium deposit in the USA, with a comprehensive capital raise aimed at securing up to $6.7 million. The funding strategy includes a blend of placements, entitlement issues, and convertible notes, with potential additional funding reaching up to $9.0 million. […]

LG Energy Solution invests $250m in Liontown Resources’ Kathleen Valley project to boost lithium supply

LG Energy Solution invests $250m in Liontown Resources’ Kathleen Valley project to boost lithium supply

LG Energy Solution (KRX: 373220) and Liontown Resources Limited have entered into a transformative strategic partnership, reinforcing their commitment to the global lithium industry. The agreement, which includes a convertible note subscription and an extended offtake arrangement, marks a significant advancement in securing a stable supply of high-quality lithium spodumene from Liontown’s Kathleen Valley project. […]

Kodal Minerals advances Bougouni Lithium Project in Mali with significant progress

Kodal Minerals advances Bougouni Lithium Project in Mali with significant progress

Kodal Minerals has announced significant advancements in its Bougouni Lithium Project in Southern Mali. The project, fully funded by a US$117.5 million transaction with Hainan Mining, is progressing on schedule with major construction milestones imminent. Bougouni Lithium Project Funding and Progress The Bougouni Project’s funding was secured through a substantial financial commitment from Hainan Mining, […]