Latin Resources Limited
LRSRF
Other OTC0.09
USD
-0.03
- -
ISIN
AU000000LRS6
Return %
Stock
S&P500
1Y
-30.77
26.84
3Y
-18.18
77.03
5Y
-18.18
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Christopher Peter Gale
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 32 Harrogate Street West Leederville WA Australia 6007
- IPO Date
- Dec 6, 2022
- Website
- latinresources.com.au
- Similar Companies
- Business
- Latin Resources Limited (ASX: LRS; OTC: LRSRF), a subsidiary of Pilbara Minerals Limited since February 2025 following a A$560 million all-scrip acquisition, is an Australian-based mineral exploration and development company focused on lithium, copper and gold deposits; it primarily advances its flagship Colina lithium project, formerly Salinas lithium project, in Minas Gerais, Brazil, alongside the Catamarca lithium project in Argentina, the MT-03 copper project in Peru, and select Australian assets including the Cloud Nine halloysite-kaolin deposit. The company explores and delineates hard rock spodumene lithium resources, with the Colina project featuring a mineral resource estimate of 77.7 million tonnes at 1.24% Li2O, of which over 85% is in Measured and Indicated categories; it contemplates a low-cost, sustainable two-phase operation producing SC5.5 and SC3 spodumene concentrates via dense media separation and spirals, supported by hydroelectric power, dry-stack tailings and water recycling, targeting top-10 global hard rock lithium production excluding Africa, with geographic advantages for supply to the USA and Europe. Founded in 2008 and headquartered in West Leederville, near Perth, Australia, Latin Resources conducts operations across Latin America and Australia, serving the electric vehicle and battery metals markets through high environmental, social and governance standards. Recent developments include the February 2025 completion of its acquisition by Pilbara Minerals, which issued 205.5 million new shares representing 6.4% of its enlarged capital, rebranding the Brazilian subsidiary as PLS and the Salinas project to Colina, while committing to ongoing community initiatives like 4G infrastructure, local contracting for site works, resource expansion drilling and mine plan optimization using Pilbara's Pilgangoora expertise. Prior milestones encompass the May 2024 mineral resource upgrade, the September 2023 preliminary economic assessment yielding A$3.6 billion after-tax NPV8% and 132% IRR, and the August 2024 binding scheme implementation agreement with Pilbara.
Latin Resources draws first tranche of Pilbara Minerals loan facility as scheme progresses
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Lithium developer Latin Resources boasts 56% increase in global resource at Salinas
Latin Resources reports 241% increase in lithium mineral resources at Colina