Global Lithium Resources (ASX: GL1) has announced another strategic milestone for its flagship Manna lithium project, east of Kalgoorlie-Boulder in WA’s Eastern Goldfields region, with the grant of Mining Lease M28/414.
The grant of the mining lease, by the WA Minister for Mines, Petroleum and Exploration, is for a term of 21 years.
This critical approval follows closely on the heels of the recently signed Native Title Mining Agreement with the Kakarra Part B Native Title Group, underscoring Global Lithium’s successful execution of its strategic priorities for 2025 and its commitment to responsible project development.
The granting of the mining lease significantly de-risks the Manna lithium project and accelerates its progress towards a final investment decision following the optimisation of the project’s definitive feasibility study, which remains on track for the end of this year.
Global Lithium managing director Dianmin Chen said this latest milestone further demonstrated the company’s effective delivery on key commitments outlined to shareholders following the board renewal process in February.
“The granting of the mining lease for the Manna lithium project is a transformative moment for Global Lithium and its shareholders,” Dr Chen said.
“This achievement, coming so soon after the successful Native Title Mining Agreement, validates our focused strategy and the diligent work of our team and partners.
“With the mining lease now granted, we have cleared another major hurdle and are now fully focused on finalising the optimised definitive feasibility study and pursuing discussions with potential development partners.”
The Manna lithium project remains the third-largest lithium resource in the prolific Eastern Goldfields region, containing a Mineral Resource of 51.6Mt at 1.0% Li2O. It has the potential to become a significant producer of spodumene concentrate and contributor to the State’s critical minerals sector.
