Lithium Plus Minerals Ltd
LPM.AX
Australian Securities Exchange0.11
AUD
+0.01
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Lithium Plus Minerals Ltd
LPM.AX
(Australian Securities Exchange)
Recent
price
0.11
P/E
ratio
- -
div
yld
- -
ROIC.AI
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- Lithium Plus Minerals Ltd is an Australian lithium exploration company focused on acquiring, exploring, and developing lithium projects, primarily in the Northern Territory of Australia. The company holds a portfolio of lithium, uranium, and rare earth element projects, including the significant Bynoe Project with sub-projects such as Bynoe and Wingate, and the Arunta Project with Barrow Creek, Spotted Wonder, and Moonlight sub-projects, covering approximately 1,877 square kilometers. Its core products are lithium-rich spodumene concentrate used in battery chemicals for electric vehicles and energy storage. Lithium Plus also targets uranium and rare earths, aligning with the global transition toward electrification, clean energy, and supply chain security. Recent major developments include a strategic partnership with Canmax Technologies for the direct shipping and processing of spodumene concentrate from its Lei Lithium Project. The company is advancing environmental and regulatory approvals, including a mining lease application and supplementary environmental reports to support its near-term development pathway. Lithium Plus is progressing a low capital expenditure direct shipped ore (DSO) operation with plans to transport ore for processing into lithium hydroxide or carbonate in China. It has reported strong results from recent drilling programs and continues exploration across multiple drill-ready targets offering excellent potential for new lithium discoveries. The company maintains focus on delivering a high-quality, environmentally responsible lithium project with advanced-stage technical and commercial de-risking activities to position itself for future lithium market recovery. Founded in 2021 and headquartered in Sydney, Lithium Plus operates exclusively within Australia and is positioned in Tier 1 jurisdictions with infrastructure access facilitating exports primarily to Asian markets. The company aims to capitalize on the strong long-term demand fundamentals for lithium and other critical minerals through sustainable exploration practices and strategic alliances with industry and technology partners. Lithium Plus serves the electric vehicle, renewable energy, and battery materials industries, emphasizing resource extraction aligned with environmental stewardship and social responsibility. Its ongoing expansion and development initiatives underscore its commitment to becoming a key supplier in the evolving critical minerals sector.