ASX Price $14.99 0.49

Lithium

Our two hard rock lithium mines in Western Australia make us one of the world’s largest owners of hard rock lithium units.

With a focus on being a world-class producer of battery storage commodities, we will continue to invest in our lithium assets.

We are rapidly growing from a junior to medium-sized commodity producer, with a vast pipeline of high quality lithium development projects and exploration targets across Western Australia.

Our lithium operations are based out of Mt Marion, located in the Goldfields, and Wodgina, in the Pilbara region. We mine and produce both direct shipping ore lithium and spodumene concentrate, which will help fuel the increasing global demand for electric vehicles and energy storage.

Our Mt Marion mine was initially designed to produce 206, 000 tonnes of spodumene concentrate per annum. A current upgrade project is underway to increase production to 450,000 tonnes of all in 6% spodumene concentrate per annum.

Wodgina is the one of the world’s largest hard rock lithium deposits. We are investing significantly in our Wodgina operations, with a current upgrade project underway to produce 750,000 dry tonnes of 6% Spodumene concentrate per annum, underpinned by a 30+ year mine life.