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GWR to buy majority stake in Jindalee's magnesite project

Australia’s GWR Group has agreed to acquire a 70% stake in the Prospect Ridge magnesite project in Tasmania from Jindalee Resources. ....

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Why this leading ASX lithium share is tipped to ride the EV revolution

Why this leading ASX lithium share is tipped to ride the EV revolution
Bernd Struben | April 15, 2021 3:13pm |
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Image source: Getty Images
If you’re thinking that ASX lithium shares are garnering as much attention as Bitcoin of late, you’re right.
That’s partly because some ASX lithium shares have gained almost as much, or even more than Bitcoin has over the past 12 months. And, more importantly, because many leading analysts believe the booming demand for lithium is set to continue for years.
If they’re right, that would be welcome news for shareholders of some of Australia’s top lithium explorers and producers. ....

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Jindalee Resources (ASX:JRL) upgrades deposit to largest lithium resource in the U.S.

Jindalee Resources (ASX:JRL) upgrades deposit to largest lithium resource in the U.S.
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Jindalee Resources (JRL) share price has soared following an upgrade to its mineral resource, which classifies its lithium deposit as one of the U.S. s largest
The McDermott Lithium Project now has a combined indicated and inferred mineral resource of 1.43 billion tonnes at 1320 part per million lithium
That gives the project a total of 10.1 million tonnes of lithium carbonate equivalent (LCE) making it the largest deposit by contained lithium
JRL s deposit in northern Nevada also remains open with an Exploration Target Range of between 1.3 billion tonnes to 2.3 billion tonnes ....

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