Public Company News

Australian battery materials producer Neometals says its joint venture partner Primobius has produced industry-leading quality in trial production of battery-grade nickel sulphate from recycled lithium-ion batteries. The company believes the development, using Primobius’ patented technology, has immeasurable implications for sustainability through the recycling of expired batteries, which have largely unchanged components that can be recovered and turned into new batteries.

Infinity Mining will ramp up its search for a joint venture partner at its Hillside project, 50km south of Marble Bar in Western Australia, after unveiling new nickel assays with headline hits of 135m at 2189ppm from 64m and 95m at 2197ppm from 254m. Other significant results include 107m at 1727ppm from 235m, 52m at 1761ppm from surface and 16m at 2150ppm from 123m.

White Cliff Minerals has orchestrated a stunning pivot away from its WA lithium and rare earths focus by steering into a high-grade copper hunt at one of the world’s fastest-growing mineral hotspots, Canada. The company has secured a swathe of ground in the Canadian province of Nunavut after an agreement with a private party for 61 mineral claims covering 80,500 hectares at Coppermine River.

ABx Group has revealed plans to launch back into its hunt for rare earths in the Tasmanian bushland with a follow-up drill campaign at its Wind Break prospect before turning back to Deep Leads-Rubble Mound. The Wind Break drilling will be co-funded dollar-for-dollar by Mineral Resources Tasmania up to a maximum of $70,000 in the eighth round of the State’s Exploration Drilling Grant Initiative.

Everest Metals has signed a memorandum of understanding with Edith Cowan University to collaborate on rubidium extraction tests on samples from its Mt Edon lithium-caesium-tantalum pegmatite project near Paynes Find in Western Australia. The company has been developing a path to unlocking a rubidium-lithium resource since drilling identified high-grade zones of up to 0.51 per cent rubidium oxide and 0.94 per cent lithium oxide.

88 Energy has certified an additional 250 million barrels of oil equivalent in its best estimate of gross contingent reserves within the basin floor fan reservoir at its Phoenix project in Alaska. The maiden resource for the reservoir interval – the deepest hit by the Hickory-1 well in March – provides a project boost ahead of flow testing shallower reservoirs in the well early next year.

Titanium Sands is a significant step closer to securing a mining licence for its $545 million Mannar Island heavy mineral sands project in Sri Lanka after landowners affected by the operation signed land access agreements. The company describes the agreements as a milestone moment that takes it further towards completing its environmental impact obligations at the site.

American West Metals continues to record impressive hits at its Storm project in the Canadian province of Nunavut, with a peak result showing a 1.5m intercept at a whopping 8.3 per cent copper from 54.9m. The hit was found within a 24.4m section grading 1.1 per cent copper from 48.8m and also contained 6.1m going 2.8 per cent copper from 54.9m.

Buxton Resources’ burgeoning union with mining giant IGO has struck a positive new chord after the latter’s first diamond drillhole at their joint venture project in Western Australia’s West Kimberley region confirmed high-grade massive nickel sulphides from 179.06m depth. Headline results include 13.24m at 4.35 per cent nickel from 177.34m, with 5.6m at 7.47 per cent nickel from 179.08m.

GreenTech Metals has launched a 1500m diamond drill campaign at its Osborne joint venture project in Western Australia’s Pilbara region, just as a trio of mining heavyweights have sunk their teeth into a notable neighbour. With nearby Azure Minerals attracting significant recent investment from Hancock, MinRes and SQM, GreenTech’s share price jump today may not be such a big surprise.

Strickland Metals’ share price has renewed a wild rise that has seen a 446 per cent jump in just eight months as it flew more than 59 per cent today on intriguing news at its Marwari gold play near the Western Australian town of Wiluna. The company now has all of its diamond and RC drill rigs focussed on exploring the potential of Marwari.

Altech Batteries says a definitive feasibility study shows it will be able to pump out 20 per cent more power than expected at its proposed Cerenergy sodium chloride solid-state grid battery plant in Germany. Through technical design optimisation, alongside lead engineering company Leadec and joint venture partner Fraunhofer, Altech believes it will now be able to produce 120 of its 1MWh “GridPacks” per year.