This Month
As the price of lithium tripled, so did this billionaire’s wealth
Mining entrepreneur Nick Wakim has seen his wealth rise to $3 billion in the past year, as he bets big on a lithium project in California.
Liontown boss says loss-making lithium miner is ready to roar
Tony Ottaviano says his company is through the hardest part of its 10-year journey to develop the Kathleen Valley lithium mine.
February
Lithium price spike after major producer curtails exports
The battery material surged 15 per cent this week after Zimbabwe said it would promote local processing, fanning fears of a supply crunch.
Lithium rally prompts mine restart on hopes of sustained revival
Rio Tinto, Wesfarmers and PLS are putting their faith in a long-term rebound for the key battery metal, but not everyone is in agreement.
White House pushed Australian lithium player to sell claim to US firm
The Trump administration urged explorer AVZ Minerals to divest its stake in the Manono project in Congo to an American buyer.
Lithium refinery shuts in another blow to ‘Made in Australia’
US lithium giant Albemarle will shut its Kemerton refinery in a fresh setback to the Albanese government’s plan to add value to local minerals.
Lithium prices have tripled since June, but can the rebound last?
Spodumene, the type of battery metal mined in Australia, has rocketed amid China’s crackdown on oversupply and price wars. Is it too late to get in on the action?
Lithium boss urges West to instate price floor after landmark deal
Lithium miners have been buoyed by a deal with a guaranteed price of US$1000 per tonne, the first agreement of its kind by a local critical minerals producer.
Critical minerals play PMET Resources launches $110m capital call
Euroz Hartleys and Canaccord Genuity were joint lead managers and joint book runners to the offer.
Gold miners rush to join the large caps, pushing out blue chip names
At least four gold producers are set to reach the ASX 100 next month, forcing large and small-cap fund managers to revisit their portfolios.
This fundie struck gold last year. Now he’s after the next 10-bagger
Lowell Resources Funds’ John Forwood won big on commodities in 2025. Now he’s got an eye on rare earths hopefuls as he tries to replicate those outsize gains.
January
Gold play Brightstar Resources in $150m cash call
Sole lead manager and bookrunner Canaccord Genuity was offering new shares at 50¢ a piece, a 20.6 per cent discount to the last close.
Lithium miner Ioneer launches $72m capital raising
Joint lead managers Bell Potter and Canaccord Genuity were offering new shares at 18¢ per share – a 14.3 per cent discount to the last traded price.
MinRes considers lithium mine restart after prices rebound
The miner upgraded the amount of the key battery metal it expected to produce by 30 per cent and said it could reopen its mothballed Bald Hill operations.
Galan seeks $40m cash as lithium prices rally
Galan Lithium, capitalised at $541 million on the ASX, has more than tripled in size since rejecting a $150 million bid for its key assets last April.
Lithium rebound fuels hope for mothballed mines’ revival
The supply glut has receded and prices have topped $US2000 per tonne. Will the bounce tempt struggling Australian producers to restart operations?
Rio Tinto, Glencore weigh ASX spin-off amid $300b mega-merger
The Rio and Glencore boards would be considering whether some of the non-core businesses, particularly coal, could work in an ASX-listed vehicle.
Lithium jumps above $US2000 for first time in two years
The rebound in the battery metal is gathering pace, prompting Bell Potter to upgrade its forecasts for 2026.
Hedge funds get ‘toasted’ after lithium spike sends PLS soaring
Lithium prices have already surged another 20 per cent this year, intensifying a rally in ASX-listed miners that has forced short sellers to cover their negative bets.
ASX dogs bite back, handing momentum investors a rare defeat
It is usually a good bet to simply buy the previous year’s winners. But 2025 proved very different, with the worst performers of 2024 back with a vengeance.
