Cloudbreak Discovery sells lithium database to Lonestar Lithium

LONDON: Cloudbreak Discovery Plc (LSE: CDL), a natural resource project generator and royalty business, has announced the sale of its proprietary database of lithium targets in Texas to Lonestar Lithium Inc. (OTC: LSLI). The database contains regional modelling and data compilation across eastern Texas, where lithium is a key commodity for the energy transition. Cloudbreak…

Mt Monger Resources to acquire battery metal project

SYDNEY, AUSTRALIA: The Board of Mt Monger Resources Limited (ASX: MTM) has executed two binding agreements to acquire a suite of mineral exploration tenements in the Ravensthorpe region of Western Australia (battery metal project), within the Albany-Fraser Orogen. The areas are considered to be highly prospective for lithium, graphite, nickel-copper-PGE and gold mineralisation. Regarding the…

Scotch Creek Ventures to acquire two substantial lithium properties in Nevada

VANCOUVER: Scotch Creek Ventures Inc. has entered into an agreement to acquire two substantial lithium properties in the Clayton Valley, Nevada, a news release said. The two projects, Highlands West and Macallan East, are located in the highly prospective district for lithium exploration and production, which is home to a number of publicly listed companies…

Wesfarmers completes acquisition of Kidman Resources

PERTH: Wesfarmers Limited has announced the implementation of the Scheme of Arrangement under which Wesfarmers Lithium Pty Ltd, a wholly owned subsidiary of Wesfarmers Limited, has acquired all of the issued ordinary shares in Kidman Resources. With the completion of the transaction, Wesfarmers holds a 50 percent interest in the Mt Holland lithium project based…