Jindalee Lithium Limited
0.33
AUD
+0.00
(-1.49%)
ISIN
AU0000309577
Return %
Stock
S&P 500
1Y
-44.80
14.20
3Y
-73.48
81.12
5Y
-84.56
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Ian Rodger
- Full Time Employees
- 4
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 9 Havelock Street West Perth WA Australia 6005
- IPO Date
- May 24, 2002
- Website
- jindaleelithium.com
- Similar Companies
- Business
- Jindalee Lithium Limited (ASX:JLL) is an Australian-based minerals exploration company focused on the development of its flagship McDermitt Lithium Project, one of the largest lithium deposits in the United States by contained lithium; the project features an indicated and inferred mineral resource of 3.0 billion tonnes grading 1,340 ppm lithium (at a 1,000 ppm cut-off), equating to 21.5 million tonnes of lithium carbonate equivalent, located on the Oregon-Nevada border in south-east Oregon, USA, and held through its wholly-owned U.S. subsidiary HiTech Minerals Inc. The company advances the project toward production of battery-grade lithium carbonate via a validated processing flowsheet involving ore beneficiation, acid leaching, purification, and precipitation, as demonstrated by successful metallurgical testwork completed in 2024, including the production of battery-grade lithium carbonate from McDermitt ore; the 2024 Pre-Feasibility Study outlines robust economics with a long-life, low-cost operation designed for initial annual production of 47.5 ktpa lithium carbonate, scalable to support U.S. energy security and domestic battery supply chains. Founded in 1994 and listed on the ASX in July 2002, Jindalee Lithium is headquartered at Level 2, 9 Havelock Street, West Perth, Western Australia 6005, with its registered office at Level 3, 88 William Street, Perth, WA 6000. The company divested its Australian assets in early 2023 via spin-out to Dynamic Metals Limited (ASX:DYM), becoming a pure-play U.S. lithium developer; in December 2023, it changed its name from Jindalee Resources Limited to Jindalee Lithium Limited to reflect this strategic focus. Recent developments include a non-binding letter of intent announced in September 2025 with Constellation Acquisition Corp. I, a U.S. SPAC sponsored by Antarctica Capital, for a merger of HiTech Minerals to list the McDermitt project on a U.S. national securities exchange at a US$500 million equity valuation, accompanied by a planned capital raise of US$20-30 million; the transaction aims to accelerate feasibility studies and provide U.S. capital market access while maintaining Jindalee shareholder majority ownership. McDermitt has been designated a FAST-41 Transparency Project on federal land, aligning with U.S. government priorities for critical minerals under the current administration, with ongoing advancement toward permitting and development. The company targets electric vehicle manufacturers, energy storage providers, and U.S. battery supply chains as primary customers, prioritizing ethical practices, community engagement with Tribal Nations and local stakeholders, and environmental stewardship.
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