Narendra Modi said there is a risk of a "new model of colonialism" if nations with critical minerals do not regard custodianship as a "global responsibility."

The region is currently experiencing a rush of exploration targeting lithium pegmatites.

Believed to be an industry first, the service combines hydrochemistry with traditional reinjection techniques used extensively in the oil and gas market and deployed in lithium mines.

Foremost currently holds five hard-rock lithium exploration projects totalling 221.6 square kilometres in the Snow Lake mining district of Manitoba.

The Chilean government is “close” to specifying what salt flats will be protected under its new national lithium strategy.

The government's "Intergenerational Report 2023" will forecast the global demand for lithium is projected to increase sharply through 2063.

The share movement comes on the back of E3's announcement that it has successfully produced lithium carbonate.