- CEO
- Mena Habib
- Full Time Employees
- 15
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 6/68 North Terrace Kent Town SA Australia 5067
- IPO Date
- Aug 26, 2010
- Business
- Power Minerals Limited is actively involved in the exploration and development of various mineral projects across Australia, Argentina, Brazil, and the United States. The company strategically focuses on a diverse portfolio of critical minerals, encompassing lithium, rare earth elements, niobium, gallium, copper, nickel, cobalt, platinum group elements, gold, kaolin, and halloysite. In Argentina, the company maintains a 100% interest in the Salta Lithium Brine project, which includes seven mining leases spanning 147 square kilometers within the Salta Province. Current efforts are concentrated on a definition drilling campaign at the Incahuasi, Pocitos, and Rincon salares, aiming to establish or upgrade JORC Mineral Resources. Power Minerals is also advancing a joint venture with Navigate Energy for the Rincon Lithium Project, which recently secured an initial US$4 million investment to facilitate a pilot plant and early construction phases. This collaboration includes the integration of the Pocitos Project to leverage existing infrastructure such as rail access, power, and freshwater sources. A 2023 Preliminary Economic Assessment highlighted the Rincon Project's potential for robust, low-cost production of high-purity, battery-grade lithium carbonate. Furthermore, the company expanded its global footprint with the acquisition of the Santa Anna Niobium-REE-Gallium Project in Brazil, where a substantial 10,000-meter drilling program is scheduled to commence in November 2025, alongside efforts to develop a gallium extraction strategy. In a significant strategic expansion, Power Minerals also acquired the Gamma Heavy Rare Earths and Uranium Project in California, United States, in October 2025. This move has led the company to initiate the process for listing on the US OTCQB Market, enhancing its visibility among North American investors and government bodies interested in secure domestic critical mineral supply chains. Within Australia, the company continues to explore its Musgrave project in South Australia for nickel, copper, cobalt, and platinum group elements. The Eyre Peninsula Kaolin project, also located in South Australia, has expanded its landholding to 1,860 square kilometers across three exploration licenses and is being assessed for its rare earth and halloysite potential. Reflecting a focused approach on critical minerals, the Santa Ines Copper-Gold project in Argentina was divested in May 2023 for A$1.5 million. Originally established in 2002 as PepinNini Minerals Limited, the company officially adopted the name Power Minerals Limited in June 2022 and is currently headquartered in Mount Hawthorn, Australia.