The assets were non-core, lacked exploration upside, and had been actively marketed since 2023 in various quarterly reports. We secured cash, removed future holding costs, and eliminated the carrying value from the balance sheet. This allows the company to focus on advancing high impact projects with genuine value potential.
Our lithium portfolio remains highly prospective and if you're following the EV market, it’s poised for a +36.9% YoY growth, with an annualised 2025 forecast of ~15.05 million EVs (vs ~10.99 million in 2024). A price recovery is already coming through faster than anticipated, positioning us squarely in front of the next major upcycle.
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