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Atlas Critical Minerals CorporationATCX
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⛏Lithium Carbonate Futures (GFEX)
LITHIUM
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Bridge Green and Hartree sign eight-year lithium carbonate deal worth up to $1bn
Bridge Green Upcycle and Hartree Partners have signed an eight-year commercial agreement for the purchase and marketing of lithium carbonate produced from recycled batteries, valued between $500m and $1bn at current market conditions. Under the deal, Hartree gains exclusive rights to market approximately 10,000 tonnes per annum of lithium carbonate across all grades from Bridge Green's facilities, with an option to renew for an additional seven years. Hartree has also made an equity investment in Bridge Green as part of the company's bridge financing round, intended to support its planned expansion of battery recycling and critical mineral refining operations. Hartree battery and critical minerals head Landon Berns said critical minerals are a key pillar of Hartree's growth strategy, while Bridge Green founder and CEO Balki Iyer called the agreement a defining milestone toward a circular supply chain. Initial volumes of lithium carbonate for Hartree are anticipated in 2028, and Bridge Green's upcoming Series A funding round is expected to finance integrated refining facilities in India and the US.
Kali Metals, JX Advanced Metals sign binding MoU for Southern Lachlan Project
Kali Metals has signed a binding memorandum of understanding with Japan's JX Advanced Metals covering the Southern Lachlan Project in Victoria and New South Wales, Australia. Under the agreement, JX Advanced Metals will fund up to $498,746, or A$700,000, of exploration activities during an initial phase ending 31 March 2027. The project spans approximately 1,413 square kilometres east of Albury-Wodonga and is considered to have potential for lithium-caesium-tantalum pegmatites as well as tin and tungsten mineralisation. Kali Metals will remain the operator and manage the exploration programme during the initial exploration and due diligence period, overseen by a joint Exploration Committee, and is entitled to charge a management fee for that role. At the conclusion of the exploration phase, JX Advanced Metals will have an option to negotiate terms for either a farm-in or joint venture agreement, with a negotiation deadline of 30 June 2027. Managing director Paul Adams said the funding will allow Kali to advance exploration across its large and prospective project area, calling JX Advanced Metals' support as a potential long-term partner an exciting opportunity for the company and its shareholders.
Rock Tech Lithium and Siemens Canada Sign Digital Twin Agreements for Ontario Converter
Rock Tech Lithium Inc. has signed agreements with Siemens Canada to advance development of a Digital Twin and to support the ongoing Definitive Feasibility Study for the planned Red Rock Lithium Converter in Ontario. The agreements mark the first implementation phase under the strategic Memorandum of Understanding the parties signed in March 2026, which set a roadmap to bring advanced German lithium conversion expertise and industrial digitalization technology to the planned converter. Siemens will develop a Digital Process Twin for the project using results from the DFS, creating a virtual, physics-based model of the plant's processes, energy flows and material streams so Rock Tech can test, optimize and validate design choices, efficiency, emissions and operational reliability before major capital is committed. Siemens Canada will also provide Rock Tech's project team with specialized support in Process Control, Instrumentation and Automation Architecture as part of the DFS, which was launched at the end of June 2026 and is expected to be finalized by mid-December 2026. The parties will also evaluate applying the cooperation to future projects in other G7 countries, with the goal of positioning the Red Rock Converter as a blueprint for future converters in Canada and allied markets.