The company said it would stick to its strategy and operations in a bid to reassure markets following the surprise resignation.

Avalon plans to use the proceeds to first acquire industrial land for a lithium-hydroxide processing facility in Thunder Bay, Ontario.

Measured and Indicated resources have increased from 2.19 to 2.93 million tonnes of lithium carbonate equivalent.

The miner still sees a future in Zimbabwe and is on the lookout for opportunities to invest in other mining areas.

The city of Yichun is ground zero in the country's push to cut its reliance on imports of the metal for its battery industry.

Australian miner Atlantic Lithium expects to start production at Ghana’s first lithium mine in the second half of 2024.

ANZ has traditionally supported long-life, low-risk mine projects for Australia's staple resources including iron ore, gold, aluminum, copper, and nickel.

The government is expected to auction a newly found lithium blocks, with estimated reserves of 5.9 million tonnes, later this year.