Lithium Stocks List

SQM is a Chile-based producer of lithium chemicals, iodine, specialty plant nutrients and industrial chemicals. Its lithium business extracts brine from the Salar de Atacama and converts it into lithium carbonate and hydroxide at plants near Antofagasta. The group also has Australian hard-rock exposure through its 50% interest in the Mt Holland mine and Kwinana lithium-hydroxide refinery alongside Wesfarmers.

Lithium is one of SQM’s largest businesses, but the company remains diversified through iodine, potassium and nitrate products. In Chile, its core Atacama operations are being reorganized through a long-term partnership with state-owned Codelco under the National Lithium Strategy. That arrangement is central to the future ownership and governance of the business.

Qinghai Salt Lake Industry is a Shenzhen-listed resources company centered on the Qarhan Salt Lake in Qinghai, China. Potassium chloride fertilizer is its largest business, while lithium carbonate recovered from salt-lake brines provides a material but secondary source of revenue. The company reported that potash accounted for roughly two-thirds of FY2024 revenue and lithium carbonate for about 30%, making it a diversified producer rather than a lithium pure-play.

Its lithium operations use brines associated with the Qarhan potash resource and include production through subsidiaries and a venture involving BYD. Following a state-led reorganization completed in December 2024, the company is controlled through the China Minmetals-led China Salt Lake Industrial Group.

Albemarle is a US-based specialty-chemicals group whose Energy Storage segment produces lithium carbonate, lithium hydroxide and related materials for battery, mobility, energy-storage and industrial customers. Its lithium platform combines brine resources in Chile and the United States, interests and offtake rights in major Australian hard-rock mines, and chemical-conversion plants in China, Chile and Australia.

The group has exposure to Greenbushes through Talison Lithium and owns 50% of the Wodgina operation with Mineral Resources. Its Australian conversion footprint includes the Kemerton lithium-hydroxide plant, where capacity has been curtailed in response to market conditions, while its Chilean operations include Salar de Atacama brine production and the La Negra conversion complex. Albemarle also retains a substantial bromine-based Specialties business, so its earnings and cash flows are not determined solely by lithium.

PLS Group, formerly Pilbara Minerals, is an Australian lithium producer built around the 100%-owned Pilgangoora hard-rock operation in Western Australia. Pilgangoora mines and processes spodumene ore for sale as concentrate under a mix of long-term offtake and spot arrangements, including a Canmax agreement carrying a US$1,000 price floor. The operation includes the Pilgan plant and the Ngungaju plant, which the company began restarting in July 2026 after a period in care and maintenance.

PLS produced 879,500 tonnes of spodumene concentrate in FY2026. The group also has downstream exposure through a lithium-hydroxide joint venture with POSCO in South Korea. Its completed acquisition of Latin Resources added the Colina hard-rock development project in Brazil, which remains separate from producing Pilgangoora and requires further studies and a development decision.

Ganfeng Lithium is a China-based integrated lithium group spanning resource development, chemical conversion, batteries and recycling. It produces lithium carbonate, hydroxide, metal and other compounds for battery and industrial markets, supported by hard-rock and brine interests in China, Africa and Argentina.

The upstream portfolio includes a majority interest in the Goulamina hard-rock project in Mali and interests in Argentine brine assets including Cauchari-Olaroz, Mariana and the Pozuelos-Pastos Grandes district, where a scoping study with Lithium Argentina was released in November 2025. Several operations are held through subsidiaries or joint ventures, so gross project resources and capacities are not wholly attributable to Ganfeng. The company and Lithium Argentina announced plans to combine contiguous Argentine assets in a new joint venture.

Mineral Resources is a diversified Western Australian group operating across mining services, iron ore, lithium and energy. Its lithium business includes operated interests in the Wodgina and Mt Marion hard-rock mines and the wholly owned Bald Hill operation, producing spodumene concentrate for battery-material supply chains. Mining services and iron ore remain large non-lithium businesses and provide a different earnings profile from the group’s commodity interests.

Lithium ownership is divided among joint-venture partners: project output and installed capacity therefore need to be considered separately from Mineral Resources’ attributable share. Bald Hill restarted mining in May 2026 and made its first post-restart shipment in July, while agreements signed with POSCO envisage a sale of interests in selected lithium assets without transferring operating control. As of August 2026, that transaction had been announced but not completed.

Tianqi Lithium is a China-based lithium producer and converter with exposure to hard-rock mining, lithium chemicals and strategic equity investments. Its principal upstream position is held through Talison Lithium, owner of the Greenbushes mine in Western Australia, while a shareholding in SQM adds indirect exposure to Chilean brine production.

The company converts lithium feedstock into carbonate and hydroxide at facilities in China and Australia, including the Kwinana refinery. Much of Tianqi’s resource exposure is held through corporate and joint-venture interests rather than wholly owned mines, so Greenbushes and SQM production is not fully attributable to Tianqi. Lithium remains the group’s defining business, with operating results sensitive to chemical prices, conversion performance and the value of those strategic holdings.

Canmax Technologies is a Shenzhen-listed Chinese manufacturer whose principal lithium exposure comes from converting raw material into battery-grade lithium hydroxide and carbonate for cathode producers. The group entered lithium chemicals from a legacy cleanroom and anti-static-products business and remains diversified outside lithium.

Its conversion platform is centered on Yibin Tianyi Lithium Industry, established with CATL, and is supported by feedstock purchases, offtake arrangements and selected upstream interests. Canmax is primarily a converter rather than a mine operator: its economics depend on the spread between spodumene or other feedstock costs and finished lithium-chemical prices. Upstream investments improve supply access but do not make every associated resource or mine wholly owned by Canmax.

Chengxin Lithium Group is a Shenzhen-listed producer of lithium carbonate, lithium hydroxide and lithium metal. Its core business is chemical conversion, with production capacity in China and Indonesia supplying cathode and battery-material customers.

The group has pursued upstream feedstock security through resource interests and operating subsidiaries in China and Zimbabwe, including the Sabi Star hard-rock operation, alongside external concentrate purchases. Ownership and development status vary across the portfolio, so the company combines direct resource exposure with a substantial conversion business rather than relying on a single mine. Its earnings remain sensitive to both finished lithium prices and the cost and availability of raw material.

Sichuan Yahua Industrial Group is a Shenzhen-listed Chinese company with two principal businesses: lithium chemicals and civil explosives. Its lithium operations produce battery-grade hydroxide and carbonate for battery manufacturers, supported by contracted hard-rock feedstock and resource interests in several jurisdictions.

Lithium represented about 53% of FY2024 revenue, while civil explosives contributed roughly 42% and remained an important source of profit, making Yahua a diversified group rather than a lithium pure-play. Feedstock comes from supply arrangements in Australia and other markets as well as exposure to the Kamativi mine in Zimbabwe. Yahua contracts for that feedstock rather than owning the mines outright, so its raw-material position depends on renewing supply agreements.

Liontown Resources is an Australian hard-rock lithium producer whose principal asset is the 100%-owned Kathleen Valley operation in Western Australia. Kathleen Valley began producing spodumene concentrate in July 2024 and moved into commercial production as the mine and processing plant ramped up. The operation is transitioning from its initial open-pit phase to an underground-led mining plan.

Liontown sells concentrate under long-term offtake arrangements with battery and automotive customers, alongside any uncommitted volumes. The company also owns the Buldania lithium project, but Kathleen Valley dominates its current production, capital requirements and operating risk. Resource scale and installed plant capacity describe the operation’s potential; actual output depends on underground development, plant performance and ramp-up execution.

YOUNGY is a Shenzhen-listed Chinese lithium company with activities spanning hard-rock mining, beneficiation, lithium chemicals and battery-related equipment. Its flagship upstream exposure is in the Jiajika pegmatite district near Kangding in Sichuan, where the company operates through subsidiaries and associated project interests.

The business sells lithium concentrate and participates in downstream processing, giving it exposure to more than one stage of the supply chain. Operating capacity, expansion projects and resource figures belong to different subsidiaries and should not be aggregated as though they were wholly available at group level. YOUNGY remains substantially lithium-focused, although its equipment activities provide a separate industrial revenue stream.

Sigma Lithium is a lithium producer operating the Grota do Cirilo hard-rock complex in Minas Gerais, Brazil. The integrated site combines open-pit mining and dense-media-separation processing to produce spodumene concentrate for export to battery-material customers.

The first production phase established the company’s operating base, while additional processing capacity has been announced as a staged expansion. Sigma’s business is concentrated in one Brazilian mining district, and its production profile depends on mine sequencing, plant recoveries and the execution of those expansion stages. The Greentech plant uses dry-stacked tailings with no tailings dam, and Sigma sells the concentrate under its Quintuple Zero branding.

Elevra Lithium is a dual-listed lithium producer and developer created through the completed combination of Sayona Mining and Piedmont Lithium. Its core operating asset is the North American Lithium mine and concentrator in Québec, whose A$421 million expansion funding we covered separately, supported by a broader portfolio of hard-rock projects and strategic interests inherited from both predecessor companies.

The portfolio includes Québec development and exploration assets, US project exposure and an interest in the Ewoyaa project in Ghana. These assets sit at different stages and have different ownership structures. Elevra trades on the ASX under ELV and on Nasdaq under ELVR; the current company and portfolio replace the former standalone Sayona and Piedmont identities.

Lithium Argentina is a lithium producer and developer focused on brine assets in Argentina. Its principal producing exposure is a 44.8% interest in the Cauchari-Olaroz operation in Jujuy Province, with the balance held by Ganfeng Lithium and the provincial company JEMSE.

The development portfolio includes Pastos Grandes and other salar interests in Salta, covered in our report on the Pozuelos-Pastos Grandes scoping study released with Ganfeng in November 2025. Lithium Argentina and Ganfeng have announced a transaction intended to combine contiguous Argentine assets within a new joint venture and pursue a larger integrated development plan. Lithium Argentina has no material operating business outside lithium brines.

Lithium Americas is developing the Thacker Pass sedimentary lithium project in Humboldt County, Nevada. The planned operation would mine lithium-bearing claystone and process it on site into battery-grade lithium carbonate. Construction is under way, but the project has not begun commercial production.

Thacker Pass is held through a joint-venture structure in which Lithium Americas retains the controlling interest and General Motors owns a minority stake. Project funding also includes a US Department of Energy loan facility, with drawdowns tied to agreed conditions and construction progress; our Thacker Pass construction and capex update covers the drawdown conditions and the 2026 spending plan. Lithium Americas is a concentrated, single-project development exposure until Thacker Pass enters production.

Vulcan Energy Resources is developing an integrated renewable-energy and lithium business in Germany’s Upper Rhine Valley. Its planned process combines geothermal-brine production, renewable heat and power generation, direct lithium extraction and conversion into lithium hydroxide for European battery customers.

The first commercial development is organized around the Lionheart project and associated extraction, geothermal and conversion facilities. Construction and financing have been advanced in stages, while customer offtake and public funding support the development plan. Pilot and demonstration results establish process performance at smaller scale. The company’s future revenue is intended to combine energy sales with lithium chemicals, but commissioning and sustained nameplate output remain execution milestones.

Core Lithium owns the Finniss hard-rock lithium operation near Darwin in Australia’s Northern Territory. After placing Finniss into care and maintenance during the lithium downturn, the company approved and funded a staged restart in March 2026, detailed in our report on the A$290 million Finniss restart decision. Mining recommenced at the Grants open pit in May, while development of the BP33 underground mine and upgrades to the processing plant progressed in parallel.

Ore from Grants was scheduled to support plant recommissioning and an initial concentrate shipment later in 2026, before BP33 becomes the longer-life underground production base. Core also controls a wider exploration position across the Finniss district, but near-term operating performance and cash generation depend on bringing Grants, the plant and BP33 into service on the planned sequence.

PMET Resources is a Canadian hard-rock lithium developer advancing the 100%-owned Shaakichiuwaanaan project in Québec’s Eeyou Istchee James Bay region. The project, formerly known as Corvette, contains a large spodumene-pegmatite resource centered on the CV5 deposit, with additional targets across an extensive land package. The separate CV13 deposit hosts the Rigel and Vega zones, which PMET reports as the largest known pollucite-hosted cesium pegmatite mineral resource in the world, giving the project a second critical-mineral product alongside lithium.

PMET is progressing resource conversion, metallurgical testwork, environmental studies and project engineering toward an economic study and development decision. The company has no operating mine or commercial lithium sales. Mine design, recoveries, capital requirements and production capacity remain subject to further technical work, permitting, financing and consultation with Indigenous communities.

Standard Lithium is developing direct-lithium-extraction projects in the Smackover Formation, a brine-bearing geological unit extending across Arkansas and East Texas. The company plans to combine existing brine-handling infrastructure with DLE and conventional chemical processing to produce battery-quality lithium products.

Its principal positions are held through Smackover Lithium, a joint venture with Equinor, and include the South West Arkansas project and the Franklin project in East Texas. Each project has separate resource, study and ownership parameters, so gross resource and planned capacity figures are not fully attributable to Standard Lithium. Pilot and demonstration work has supported process development, but neither project had entered commercial production as of August 2026.

Q2 Metals is a Canadian lithium explorer advancing the Cisco hard-rock project in Québec’s Eeyou Istchee James Bay region. An initial resource announced in April 2026 comprised approximately 295 million tonnes at about 1.36% lithium oxide in the inferred category, combining pit-constrained and underground-constrained material.

The company controls an 801-claim land package covering about 41,253 hectares and is drilling to expand the system and convert part of the resource to higher-confidence categories. A preliminary economic assessment was targeted for late 2026. Cisco has no reserve, feasibility study, construction decision or commercial production; the project remains dependent on further drilling, metallurgical work, infrastructure planning, permitting and financing.

Wildcat Resources is an Australian hard-rock lithium developer whose principal asset is the 100%-owned Tabba Tabba project near Port Hedland in Western Australia. Tabba Tabba lies on granted mining leases and contains a substantial spodumene resource, supported by exploration across multiple pegmatite systems.

A pre-feasibility study and maiden ore reserve moved the project beyond pure exploration, and the company is advancing definitive-feasibility and permitting work. Tabba Tabba is not yet in construction or production. Wildcat also holds the Bolt Cutter lithium project and the Mt Adrah gold project, but Tabba Tabba is the main basis for its lithium exposure and prospective development value.

Galan Lithium is developing the Hombre Muerto West brine project in Catamarca, Argentina, alongside the earlier-stage Candelas project in the same salar district. Hombre Muerto West is being developed in stages, beginning with a smaller initial operation intended to produce lithium-chloride concentrate before later expansion.

Wet-plant commissioning was completed and first processed lithium chloride was produced in the June 2026 quarter, with brine concentrating in the evaporation ponds. First sales of 6% lithium-chloride concentrate under Phase 1 offtake were targeted for the second half of 2026; no saleable output had been shipped as of August 2026. The longer-term production profile and subsequent phases remain subject to successful commissioning, financing and execution. Galan also owns the Greenbushes South hard-rock exploration project in Western Australia, although its Argentine brine assets are the company’s principal focus.

Ioneer is developing the 100%-owned Rhyolite Ridge lithium-boron project in Esmeralda County, Nevada. The deposit is designed as an open-pit operation with on-site processing into lithium carbonate and boric acid, giving the project exposure to two US-designated critical minerals.

Rhyolite Ridge has received its principal federal permit and has advanced engineering, offtake and financing work, but a final investment decision and commercial construction program remained outstanding as of August 2026. Earlier proposed joint-venture arrangements with Sibanye-Stillwater did not proceed. More recent memoranda with prospective Korean partners were non-binding and therefore do not represent committed equity, debt or construction contracts.

Surge Battery Metals is a Canadian-listed developer advancing the Nevada North sedimentary lithium project in Elko County, Nevada. A 2026 resource update reported measured, indicated and inferred claystone resources across a broad near-surface deposit, while a preliminary economic assessment outlined a potential long-life lithium-carbonate operation.

The resource and assessment are project-level estimates, not reserves or current production. Evolution Mining is earning an interest through exploration expenditure, which is expected to reduce Surge’s attributable ownership as the earn-in conditions are satisfied. The company is advancing drilling and feasibility work, but Nevada North still requires a bankable study, permitting, financing and a construction decision before development.

Savannah Resources is the owner and developer of the Barroso hard-rock lithium project in northern Portugal. The project contains several spodumene deposits within two adjacent mining-lease areas and has received a positive environmental-impact decision and designation as an EU Strategic Project under the Critical Raw Materials Act.

A Phase 1 definitive feasibility study released in July 2026 outlined average production of approximately 191,000 tonnes a year of 5.5% spodumene concentrate, equivalent to roughly 25,000 tonnes of lithium carbonate equivalent. A Portuguese state grant of up to about €110 million supports the development plan, while final permitting, financing, a final investment decision and construction remain necessary before the project can produce.

Li-FT Power is a Canadian hard-rock lithium developer with projects in Québec and the Northwest Territories. In May 2026 it completed the acquisition of Winsome Resources, adding the 100%-owned Adina project in Québec, and consolidated a 75% interest in the adjacent Galinée property, with SOQUEM retaining 25%.

Adina hosts an indicated resource of 61.4 million tonnes at 1.14% lithium oxide and an inferred resource of 16.5 million tonnes at 1.19%. Li-FT also owns the Yellowknife Lithium Project, where an initial inferred resource covers eight spodumene dykes, together with earlier-stage regional properties. The company is advancing drilling, environmental work and economic studies across the enlarged portfolio but has no operating mine or commercial lithium production.

Atlantic Lithium is developing the Ewoyaa hard-rock lithium project in Ghana with Elevra Lithium and Ghanaian stakeholders. Ewoyaa is designed as an open-pit mine and dense-media-separation operation producing spodumene concentrate, supported by nearby road, port and power infrastructure.

Ghana’s Parliament ratified the project’s mining lease in March 2026, the first lithium mining lease granted and ratified in Ghana, removing a major approval hurdle; our report on the Ewoyaa ratification sets out the lease terms and the 5% to 12% sliding-scale royalty. The partners were still reviewing the development pathway, and construction and commercial production had not begun. Atlantic’s economic exposure reflects its project interest after partner earn-ins and Ghanaian participation rather than 100% of Ewoyaa’s gross resource, study economics or planned capacity.

Global Lithium Resources is an Australian hard-rock lithium developer focused on the Manna project near Kalgoorlie in Western Australia. Manna contains a spodumene resource and has progressed through drilling, metallurgical testwork, a granted mining lease and development studies.

The company agreed to sell its Marble Bar project to Jiangsu Lopal, concentrating its future development case on Manna. That disposal and any resulting proceeds remain subject to the transaction’s completion terms. Global Lithium has no producing mine; feasibility, permitting, financing and a final investment decision are still required before Manna can enter construction and produce concentrate.

Atlas Lithium is a Nasdaq-listed developer advancing the Neves hard-rock lithium project in Minas Gerais, Brazil. The company controls a portfolio of pegmatite rights in the state’s Lithium Valley and is concentrating development work on establishing a staged spodumene-concentrate operation at Neves.

Engineering, modular plant procurement, permitting, financing and site preparation have progressed at different times, but the project had not achieved commercial production as of August 2026. Announced plant throughput, concentrate capacity and start dates are management plans until construction, commissioning and sustained saleable output are confirmed. Atlas also holds non-lithium mineral rights, although Neves is the principal basis for its valuation and list inclusion.

Lithium Ionic is a Canadian-listed developer of hard-rock lithium assets in Minas Gerais, Brazil. Its flagship Bandeira project lies in the Itinga lithium district and has advanced through a definitive feasibility study and environmental permitting work for a planned underground mine and spodumene-concentrate operation.

Construction had not begun as of August 2026, and the installation-stage license remained a required development milestone. On 25 August 2026 the company completed the sale of its Salinas-group properties, including Baixa Grande, to a PLS Group subsidiary for US$37.5 million: US$30.0 million received in cash at closing and US$7.5 million deferred until the earlier of a positive final investment decision on PLS' Colina project and 31 December 2029. Lithium Ionic retains a 2.0% royalty on future spodumene sales from the properties sold. The sale leaves Bandeira as the flagship development asset, with the Itinga-Outro Lado ground retained as regional exploration potential, and funds early works ahead of a construction decision.

American Lithium is a Canadian-listed developer with two principal lithium projects: the TLC sedimentary project in Nevada and the Falchani hard-rock project in Peru. TLC is planned around open-pit extraction and processing of lithium-bearing volcanic sediments, while Falchani is a large lithium-bearing volcanic-rock deposit requiring a separate development and permitting pathway.

Both projects have technical studies and defined resources but remain pre-construction and pre-production. In Peru, the company also owns the Macusani uranium project, creating material non-lithium exposure and additional regulatory complexity. American Lithium’s development case therefore depends on advancing multiple large projects through engineering, permitting, financing and local stakeholder processes rather than on current operating revenue.

Delta Lithium is an Australian lithium developer with the Mt Ida and Yinnetharra hard-rock projects in Western Australia. Mt Ida contains lithium and gold mineralization, while Yinnetharra covers a broader pegmatite district where the company is undertaking resource-definition and exploration work.

Delta demerged its principal Mt Ida gold assets into the separately listed Ballard Mining in 2025 and retained a minority equity holding, reported at about 34.4% after subsequent ownership changes. That stake is an investment in Ballard rather than direct ownership of all its assets. Delta’s retained lithium projects remain at the exploration and development stages and have not begun commercial lithium production.

Lake Resources is an Australian-listed developer of the Kachi lithium-brine project in Catamarca, Argentina. Kachi is based on a large salar-brine resource and a planned process combining brine production, direct lithium extraction and downstream conversion into lithium carbonate.

The project has undergone resource, engineering and process-development work, including pilot-scale testing, but it has not entered commercial production. Lake must still complete the development configuration, permitting, financing and partner arrangements required for construction.

Kodal Minerals is an AIM-listed lithium and gold company whose principal asset is an indirect 49% interest in the Bougouni hard-rock lithium operation in Mali. The project is held through Kodal Mining UK, in which Hainan Mining owns the controlling 51% interest, so Bougouni production and capacity are gross project figures unless stated on an attributable basis.

Bougouni achieved first spodumene-concentrate production in February 2025. Kodal later corrected full-year 2025 output to 41,916 dry metric tonnes at an average grade of 5.33% lithium oxide. The operation provides current producing exposure, while expansion, recovery improvements and future shipments remain dependent on plant performance, logistics and the joint-venture partners. Kodal also retains gold exploration interests outside the lithium business.

Frontier Lithium is developing the PAK hard-rock lithium district in northwestern Ontario, Canada. The portfolio includes the PAK and Spark spodumene deposits and additional pegmatite discoveries along the same regional trend, giving the company a potential multi-deposit mining base.

Frontier’s development strategy combines concentrate production with a proposed Ontario lithium-chemicals conversion facility. The company is advancing technical studies, environmental assessment, infrastructure planning, Indigenous engagement and financing discussions, supported by public-sector initiatives for critical minerals. Neither the mine nor the converter is in commercial production, and downstream integration remains part of the development plan rather than an operating business.

Lithium Chile is a Calgary-based, TSX Venture Exchange-listed lithium developer with a salar-brine portfolio covering about 106,000 hectares across Chile plus roughly 29,000 hectares on the Salar de Arizaro in Salta, Argentina, its most advanced asset. In April 2025 it was awarded a CEOL exclusive lithium exploitation contract over the Salar de Coipasa in Chile, and in December 2024 it spun its non-lithium copper-gold-silver assets into a separate company, Kairos Gold.

In December 2025 the company signed a definitive agreement to sell its approximately 80% interest in the Arizaro project to China Union Holdings for US$175 million; the sale received 96% shareholder approval in May 2026 and, with its completion deadline extended during 2026, remained subject to review under Canada's Investment Canada Act and had not closed as of August 2026. If completed, the transaction would leave Lithium Chile focused on its Chilean salar portfolio, funded by the sale proceeds.

E3 Lithium is developing the Clearwater brine project in Alberta’s Leduc Formation. The project is designed to use conventional oilfield-style brine production, direct lithium extraction and downstream processing to produce battery-grade lithium carbonate while reinjecting depleted brine underground.

E3 has operated pilot and demonstration facilities, produced battery-grade product and supplied samples to potential customers. These activities support process qualification but do not constitute commercial production. The company is progressing detailed engineering, regulatory applications and funding work toward a final investment decision, including conditional Canadian government support. Clearwater’s study capacity and economics remain development assumptions until the project is financed, built and commissioned.

Critical Elements Lithium is developing the 100%-owned Rose lithium-tantalum project in Québec’s Eeyou Istchee James Bay region. Rose is designed as an open-pit mine and concentrator producing spodumene concentrate with tantalum as a by-product.

The project has a feasibility study, federal and provincial environmental authorizations and a Québec mining lease. Conditional public infrastructure funding and conditional debt support have advanced the financing pathway, but neither represents a final construction decision or completed project financing. Detailed engineering, remaining site work, financing and a final investment decision are required before construction and commercial production can begin.

Anson Resources is an Australian-listed developer of the Paradox and Green River lithium-brine projects in Utah’s Paradox Basin. The projects target subsurface brines and are intended to combine direct lithium extraction with conventional chemical processing to produce battery-grade lithium carbonate, with potential bromine by-products.

Paradox has feasibility-level work, while Green River is being advanced through resource definition, engineering and permitting. Anson has also worked with technology and industrial partners on pilot and demonstration programs. Both projects still require final engineering, financing, construction decisions and successful scale-up before sustained lithium sales.

NOA Lithium Brines is a Canadian-listed developer focused on the 100%-owned Rio Grande salar project in Salta, Argentina. The company controls approximately 37,000 hectares at Rio Grande and also holds earlier-stage interests at the Arizaro and Salinas Grandes salars.

Rio Grande contains measured, indicated and inferred lithium-brine resources. A preliminary economic assessment released in October 2025 outlined a two-phase development ultimately targeting about 40,000 tonnes a year of lithium carbonate equivalent, beginning with a smaller first phase. NOA is advancing technical work toward a pre-feasibility study and has no reserve, construction decision or commercial production.

European Metals Holdings is a lithium developer whose principal asset is a 49% interest in the Cinovec lithium-tin project in the Czech Republic. The project is held through the Geomet joint venture, with Czech state-controlled utility ČEZ owning the remaining 51%, so resources, study economics and planned production are gross project figures unless stated on an attributable basis.

A definitive feasibility study completed in December 2025 outlined annual production of about 37,500 tonnes of battery-grade lithium carbonate, alongside tin by-products. The Czech government has approved a grant of up to €360 million toward development. Cinovec remains in permitting and financing and has not reached construction or commercial production; the grant and completed study support the development pathway but do not replace a final investment decision.

Century Lithium is developing the 100%-owned Angel Island sedimentary lithium project in Esmeralda County, Nevada. The planned operation would mine lithium-bearing claystone and process it on site using hydrochloric-acid leaching, direct lithium extraction and an integrated chlor-alkali circuit to produce battery-grade lithium carbonate.

A 2026 feasibility study uses proven and probable reserves containing approximately 1.76 million tonnes of lithium carbonate equivalent and models average annual production of about 26,500 tonnes over its initial 40-year economic schedule. The company has operated a pilot plant for several years and produced high-purity lithium carbonate, but Angel Island remains in permitting and development. Detailed engineering, financing and a construction decision are still required before commercial production.

Jindalee Lithium is an Australian-listed developer of the 100%-owned McDermitt sedimentary lithium project in Malheur County, Oregon. The project contains a large lithium-carbonate-equivalent resource within clay-rich volcanic sediments near the Nevada border.

A November 2024 pre-feasibility study defined a probable reserve of approximately 2.34 million tonnes of lithium carbonate equivalent and modeled production of about 44,300 tonnes of lithium carbonate a year. McDermitt has received FAST-41 permitting status and federal research support, but it remains pre-construction and requires environmental review, engineering, financing and a final investment decision. In April 2026 Jindalee's wholly owned US subsidiary HiTech Minerals signed a business combination agreement with Constellation Acquisition Corp I to list the McDermitt assets on NASDAQ as US Elemental Inc., at an implied equity value of US$500 million, with Jindalee retaining more than 80% of the combined company and closing subject to shareholder and regulatory approvals. We covered the terms in our US Elemental IPO preview.

Lithium Africa is a TSX Venture-listed hard-rock lithium explorer with licenses across South Africa, Côte d’Ivoire, Morocco, Guinea, Mali and Zimbabwe. Much of its West African portfolio is held through a 50:50 exploration joint venture with Ganfeng Lithium, giving Lithium Africa an indirect 50% interest in those properties rather than full ownership.

Its principal programs are at Springbok in South Africa and Adzopé in Côte d’Ivoire. In July 2026 South African regulators granted Section 11 consent for Lithium Africa to complete a 70% acquisition of the company holding the Springbok mineral rights; the remaining legal transfer formalities were still under way. Drilling at Springbok and Adzopé is intended to define the scale and continuity of pegmatite mineralization. No project had a mineral resource, reserve or commercial production as of August 2026.

Prairie Lithium is an Australian-listed developer of the 100%-owned Prairie brine project in Saskatchewan’s Williston Basin. The company, formerly Arizona Lithium, adopted the Prairie Lithium name and ASX ticker PL9 in September 2025 to reflect its principal asset.

The project covers approximately 345,000 acres and contains a reported indicated resource of about 4.6 million tonnes of lithium carbonate equivalent. Its first development step is a permitted Pad 1 facility using direct lithium extraction, with an initial unit designed for approximately 150 tonnes a year of lithium carbonate equivalent. Construction and commissioning were under way with first output targeted for late 2026. Larger-scale development would require replication, operating validation and further capital.

Wealth Minerals Ltd. is a Canada-based lithium exploration company focused on brine assets in Chile’s Salar de Atacama and surrounding salars. The company holds early-stage concessions prospective for lithium-bearing brines and is advancing exploration and permitting activities within Chile’s evolving regulatory framework for lithium development. As a junior explorer, progress is primarily dependent on securing partnerships and advancing resource definition in a competitive jurisdiction.

Green Technology Metals is an ASX-listed lithium developer with hard-rock projects in northwestern Ontario, Canada. Its principal assets are the Seymour and Root projects, supported by the Wisa regional exploration portfolio. Seymour and Root contain indicated and inferred spodumene resources and are being assessed as potential components of a regional mining hub.

The company is advancing drilling, technical studies, environmental work, permitting and engagement with local and Indigenous communities. Its strategy includes the possibility of downstream conversion in Ontario, but no converter is operating and the company has no commercial lithium production. Project sequencing, plant scale and any integrated development configuration remain subject to feasibility work, financing and construction decisions.