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Lithium Comeback Accelerates as Miners Restart Operations and Expand Projects

Distributed on behalf of NOA Lithium Brines Inc.

The global lithium market is just starting to rebound. In fact, as sentiment improves and long-term demand expectations strengthen, several mining companies are moving quickly to restart production and advance new exploration programs across key lithium-producing regions. Companies like Core Lithium, for example, just restarted its Finniss mine operation in Australia’s Northern territory. Mineral Resources restarted operations at its Bald Hill Lithium mine in Australia, as well. Companies, such as NOA Lithium Brines Inc. (TSX-V: NOAL) are also set to restart drilling at its flagship Rio Grande in Salta Province, Argentina.

With global electrification trends accelerating and governments around the world prioritizing lithium supply needs, many analysts believe the lithium sector may still be in the early stages of its next major growth cycle, which is also great news for companies such as That’s also great news for companies such as Albemarle (NYSE: ALB), Amprius Technologies (NYSE: AMPX), Atlas Lithium (NASDAQ: ALTX), and NEO Battery Materials (OTC: NBMFF) (TSX: NBM).

Remember, as noted by Wood Mackenzie, “Lithium is irreplaceable for the energy transition, and the industry faces structural supply challenges that require immediate action. The question isn't whether we need more lithium. It's whether the industry can mobilise capital fast enough to meet demand while navigating an increasingly fragmented global trade environment.”

Look at NOA Lithium Brines Inc. (TSXV: NOAL), For Example.

NOA Lithium Brines Inc. (TSXV: NOAL) just announced that, further to its press release dated April 23, 2026, the Company’s drilling contractor, Hidrotec S.A., has completed mobilization of two drilling rigs for NOA’s 2026 exploration drilling campaign at its flagship Rio Grande in Salta Province, Argentina. Site preparation activities, including construction of well pads, have been completed, and drilling is expected to commence early next week.

These exploration activities form part of NOA’s work program as it advances the Project toward completion of a Preliminary Feasibility Study by year-end 2026.

NOA’s Chief Executive Officer, Gabriel Rubacha states: “With mobilization complete and drilling expected to begin shortly, we are entering an important phase of fieldwork at Rio Grande as we advance toward the PFS. This program is designed to further de-risk the Project through additional hydrogeological data and testing, and it complements the process development and engineering work currently underway with Hatch. Together, these activities are intended to support a robust PFS design basis and development pathway.”

In this initial exploration campaign, the Company plans to drill exploratory wells near diamond drill holes DDH-RG23-001 (Sulfa X) and DDH-RG23-004 (El Camino II). The program is designed to evaluate the hydraulic parameters of deep brine-bearing aquifers and to support ongoing refinement of the hydrogeological and resource models, as the Project progresses toward more advanced technical and economic studies.

This exploration drill program has been reviewed and approved by Montgomery & Associates, which is currently preparing the water balance of the project and will participate in the preparation of the PFS of the Project.

Other related developments from around the markets include:

Albemarle announced that it declared a quarterly common stock dividend of $0.405 per share. The dividend, which has an annualized rate of $1.62, is payable July 1, 2026, to shareholders of record at the close of business as of June 12, 2026. In addition, the company announced its results for the first quarter. "Albemarle had a strong start to 2026, with net sales and adjusted EBITDA up year over year. Higher pricing and volumes in Energy Storage and Specialties, along with continued cost and productivity actions, were the key contributors to our results," said Kent Masters, Chairman and CEO. "We also took advantage of our successful cash and portfolio management actions to pay down debt in the quarter, further strengthening our balance sheet and financial flexibility. As the global operating environment remains uncertain, we are focused on the things within our control, including operational excellence, cost and productivity discipline, and cash generation, to enable long-term volume and earnings growth."

Amprius Technologies, Inc., a leader in silicon anode lithium-ion batteries, and Matternet, the world’s only FAA Type Certified drone delivery company, today announced a strategic collaboration to advance the performance and economics of autonomous aerial delivery through high-energy density silicon anode cells. Amprius cells are now deployed in Matternet’s M2 aircraft, and the companies are extending their work to battery solutions optimized for Matternet's next-generation platform. As physical AI moves into the real world — with small, electric autonomous aircraft transporting goods through cities — batteries are becoming a strategic driver of platform performance. In drone delivery, battery performance shapes not only aircraft capability, but also network design, asset utilization, and cost per delivery.

Atlas Lithium, a leading developer of lithium resources, is pleased to announce the engagement of Alfa Engenharia, a highly respected and experienced engineering firm, as the specialized electromechanical assembly contractor for the Company’s Neves Project. Atlas Lithium’s fully paid, 100%-owned lithium processing plant, manufactured in South Africa to the Company’s specifications, has been transported to Brazil. Alfa’s selection guarantees the necessary expertise in Brazilian projects to ensure assembly will be done efficiently and timely, marking another important milestone in the Company’s disciplined execution of the Neves Project. Selected through Atlas Lithium’s competitive procurement process, Alfa was chosen based on its strong track record in large-scale industrial and mineral processing projects, technical alignment with the Definitive Feasibility Study, and adherence to Atlas Lithium’s rigorous standards for quality, safety, and schedule performance. With over 35 years of experience, Alfa has successfully delivered complex industrial projects across Brazil, providing comprehensive solutions in electromechanical assembly, metal fabrication, and refractory services for major mining and steel industry clients. As with previously announced execution partners, the contract with Alfa was finalized at or below the budget projections outlined in the DFS.

NEO Battery Materials, a low-cost, silicon-enhanced battery developer that enables longer-running, rapid-charging batteries for drones, robotics, and physical AI, is pleased to announce that it has entered into a non-binding Supply Intent Letter to supply high-performance drone batteries to a drone manufacturing company based in South Korea for an undisclosed Republic of Korea Army program. Under the terms of the Agreement, NEO commits to supply 7,584 drone battery packs, comprising 45,504 battery cells, to facilitate the production of the Counterparty’s drone platforms designated for the ROK Army program. The supply period is scheduled to commence in July 2026 and continue through October 2026, with an expected contract value range of at least KRW 1.5 billion (CAD 1.37 million) based on current raw materials, labour, and margin estimates. In accordance with ROK Army and ministerial-level procurement requirements to diversify away from foreign-dependent supply chains, NEO is uniquely positioned to ensure a low-to-no composition of Chinese-sourced components for full compliance with protocols.

Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for NOA Lithium Brines by NOA Lithium Brines. We own ZERO shares of NOA Lithium Brines. Please click here for full disclaimer.

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Ty Hoffer
Winning Media
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