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Delta Lithium Announces Significant Resource Update at Yinnetharra Project

Story Highlights
  • Delta Lithium Limited updates its Yinnetharra Project with significant increases in lithium and tantalum resources.
  • The company aims to leverage these resources for future operations, enhancing its position in the global battery market.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Delta Lithium Announces Significant Resource Update at Yinnetharra Project

Delta Lithium Limited ( (AU:DLI) ) has issued an announcement.

Delta Lithium Limited has announced an updated Mineral Resource Estimate (MRE) for its Yinnetharra Project, reflecting significant increases in lithium and tantalum resources. The updated MRE includes a 140% increase in the Indicated lithium Mineral Resource at the Malinda Prospect and a 152% increase in contained tantalum metal. The company plans to use these resources to support future processing operations and mining studies, positioning itself competitively in the global battery market as demand for lithium improves.

More about Delta Lithium Limited

Delta Lithium Limited is a company operating in the mining industry, focusing on the extraction and development of lithium and tantalum resources. The company is primarily engaged in projects located in the Gascoyne region of Western Australia, with a market focus on supplying critical minerals for the global battery market.

YTD Price Performance: 2.94%

Average Trading Volume: 561,991

Technical Sentiment Signal: Buy

Current Market Cap: A$125.4M

For a thorough assessment of DLI stock, go to TipRanks’ Stock Analysis page.

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