Thursday, 1 December, 2022 - 14:59
Flanagan venture raises $55m
A lithium explorer led by Atlas Iron founder David Flanagan is on track to raise $60 million to fund exploration and development campaigns at two WA projects.
Delta Lithium (formerly Red Dirt Metals and TNT Mines) is a Perth-based exploration and development company focused on bringing high-quality lithium-bearing pegmatite deposits, located in Western Australia, into production.
It was originally focused on the evaluation and development of tin and tungsten projects in Tasmania.
The company changed its name from TNT Mines to Red Dirt Metals in September 2021, and then to Delta Lithium in April 2023 as it changes its primary focus to lithium and its two lithium projects in Western Australia.
Rank | Company | 1 Yr | 5 Yr |
---|---|---|---|
1612th | Central Systems | -59.98% | 3.74% |
1613th | Resource Development Group | -59.98% | 3.74% |
1614th | Delta Lithium | -60% | 17.25% |
1615th | Pan Asia Metals | -60% | 0% |
1616th | Trek Metals | -60% | 14.87% |
Rank | Company | # | |
---|---|---|---|
130th | ![]() |
Delta Lithium | $1.74m |
168th | ![]() |
Caravel Minerals | $841.16k |
169th | ![]() |
Tungsten Mining | $815.99k |
170th | ![]() |
Shree Minerals | $814.96k |
171st | ![]() |
Classic Minerals | $809.66k |
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NEW ROLE: Nader El Sayed, Non-Executive Chair | 25 Nov 2024 |
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NEW ROLE: Paul Brennan, | 01 Nov 2024 |
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NEW ROLE: Daniel Taylor, | 01 Nov 2024 |
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NEWS: Tagged in Delta taps Bell Potter for gold review | 26 Sep 2024 |
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NEWS: Tagged in Reach mapping outlines WA niobium-rare earth targets | 28 Aug 2024 |
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NEWS: Tagged in Delta Lithium sues mine camp builder | 03 Jul 2024 |
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RANKING: 186 Up from 191 in Public Companies - Resources WA list | 02 Jul 2024 |
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RANKING: 191 Up from 192 in Public Companies - Resources WA list | 20 Jun 2024 |
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NEWS: Tagged in Footy clubs play the long game | 20 Jun 2024 |
A lithium explorer led by Atlas Iron founder David Flanagan is on track to raise $60 million to fund exploration and development campaigns at two WA projects.
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A substantial holder notice lodged with the ASX reveals a Mineral Resources' offshoot as the buyer of more than $65 million worth of stock in David Flanagan's Delta Lithium.
Delta Lithium's executive chairman David Flanagan has been ousted from the explorer's board and replaced by MinRes boss Chris Ellison after amassing a substantial stake.
Our board moves wrap includes Andrew Kent, Chris Ellison, Joshua Thurlow, David Flanagan, James Croser, Michael Spreadborough, Cameron Dowling, Amanda van Dyke, Michael Bourguignon, Loren King, Colin Loosemore, Steven Tombs, and Paul Harvey.
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Ousted Delta Lithium boss David Flanagan has taken a cheeky swipe at mining billionaires Gina Rinehart and Chris Ellison one month after leaving the junior company.
Mining magnates Gina Rinehart and Chris Ellison will back Delta Lithium’s $70.2 million raising to fund its Goldfields lithium venture.
Mineral Resources boss Chris Ellison has labelled SQM's takeover of Azure Minerals as “dead in the water” while also shedding light on his lithium acquisition strategy.
Chris Ellison-led Mineral Resources has continued its acquisitive streak of lithium interests, securing more shares in Develop Global and Delta Lithium.
Chris Ellison-chaired Delta Lithium has struck a deal to buy lithium rights in the Gascoyne, while Mineral Resources has contracted Develop Global for work in the Goldfields.
Prominent mining executive David Flanagan will become managing director of Arrow Minerals in what will be his first board move since being ousted as chairman of Delta Lithium.
Delta Lithium has reassessed its capital allocations amid a downturn in the lithium market, the company announced in its recent quarter report.
Delta Lithium boss James Croser says there’s some friendly tension in the lithium aspirant’s boardroom, as its major shareholders “keep each other in check”.
Chris Ellison-chaired Delta Lithium has provided updates on its Yinnetharra and Mt Ida lithium projects, located in the Gascoyne and Goldfields regions.
Delta Lithium has signed farm-in deals with junior miners Voltaic Strategic Resources and Reach Resources over tenements near its Yinnetharra lithium project.
Tradition and history are strong motivators driving the state’s WAFL clubs, which are exploring new revenue streams and shoring up supporter engagement.
Delta Lithium is suing the contractor it hired to build an accommodation village at its Mt Ida mine site in a bid to recover half a million dollars.
Delta Lithium has brought in financial adviser Bell Potter to undertake a strategic review to assess precious metal prospects at its Mt Ida project.
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