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 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 (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 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, […]