Future Battery Minerals Limited (ASX:FBM), formerly Auroch Minerals Limited, operates as an Australia-based mineral exploration and development company focused on battery minerals and precious metals. The company explores for lithium, nickel, cobalt, gold, copper, zinc, rare earth elements and base and precious metals through projects including Kangaroo Hills Lithium Project, Miriam Gold and Lithium Project, Burbanks East, Saints Nickel Project, Leinster Nickel Project, Nepean Nickel Project, Nevada Lithium Project, Arden REE-Zinc-Copper Project, Bonaventura base and precious metals project, Torrens East Copper project and Coolgardie Gold and Lithium project; it maintains interests across Western Australia, South Australia and the United States. Founded in 2011 and headquartered in West Perth, Australia, Future Battery Minerals targets stable pro-mining jurisdictions to advance its diversified portfolio serving the battery metals and gold sectors.
In recent developments, the company changes its name to Ore Resources Limited effective November 2025, alongside a planned ticker shift to OR3 pending shareholder approval, to reflect its sharpened focus on gold and lithium assets. It secures an exclusive option in October 2025 to acquire 100% of the Randalls Gold Project from Miramar Resources (ASX:M2R) in Western Australia's Goldfields for a $50,000 option fee, $125,000 cash and $125,000 in shares, subject to due diligence including geophysical reviews. Earlier in May 2025, Future Battery Minerals executes a binding agreement to acquire 100% of Coolgardie assets from Corazon Mining Limited, enhancing its Eastern Goldfields holdings; March 2024 activities include a $6 million placement to fund the Miriam Lithium Project acquisition and lithium exploration. High-grade gold discoveries at Miriam and Burbanks East projects, with intercepts confirming multiple lodes open along strike, underscore ongoing exploration success in 2025. The company divests its Nevada Lithium stake to concentrate on Western Australian core assets.