Delta Lithium Director Resigns as MinRes Retains Strategic Support

Delta Lithium Limited ( (AU:DLI) ) has shared an update.

Delta Lithium Limited has announced the resignation of Non-executive Director Joshua Thurlow, who had served as Mineral Resources Ltd’s nominee on the board since September 2023 and sat on the Remuneration and Nomination Committee. The board, along with major shareholder MinRes, has decided not to appoint a replacement at this time, signalling confidence that the current board composition remains suitable as MinRes continues to back Delta’s ongoing lithium development strategy.

Chair El Sayed praised Thurlow’s strategic insights and sector experience, highlighting his contribution during a period of rapid project advancement. Thurlow said he is stepping back to focus on leading MinRes’s lithium business, while reaffirming MinRes’s support for Delta and its progress, suggesting continuity in the strategic relationship despite the governance change.

The most recent analyst rating on (AU:DLI) stock is a Buy with a A$0.41 price target. To see the full list of analyst forecasts on Delta Lithium Limited stock, see the AU:DLI Stock Forecast page.

More about Delta Lithium Limited

Delta Lithium Limited is an ASX-listed exploration and development company focused on lithium-bearing pegmatite deposits in Western Australia. Its key assets include the Mt Ida Project, which hosts both lithium and gold orebodies under existing mining leases, and the Yinnetharra Lithium Project, where it is expanding resources following initial discoveries at the Malinda and Jamesons prospects.

Average Trading Volume: 1,314,590

Technical Sentiment Signal: Buy

Current Market Cap: A$165M

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