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Global Lithium jumps as MinRes takes stake

Shares in Global Lithium Resources jumped after the company revealed it had secured the backing of Chris Ellison’s Mineral Resources as part of a $30 million cash injection.

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Mineral Resources takes stake in Global Lithium

The move gives Mineral Resources access to early-stage lithium projects in the Pilbara and Goldfields, where it already has existing operations.

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ASX 200 LIVE: ASX to rise; Virtus Health accepts $706m CapVest bid

The Australian sharemarket is trading higher at the open; Elders expects above consensus earnings in FY22; Magellan reports net outflows $5b since February 25. Follow the latest here.

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Here s why the Global Lithium (ASX:GL1) share price is soaring 18% today

The Global Lithium Resources Ltd (ASX: GL1) share price is up 18% today. We take a look at what's spurring investor interest in the ASX lithium share.

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Life after FMG: Lilleyman bullish lithium is Pilbara s next big play

Greg Lilleyman says that like higher quality iron ore, lithium is one of the standout commodities in terms of supply and demand tailwinds.

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