Market Alert: ASX200 at Critical Support – Reversal or Further Fall?

Spartan Resources Secures Lithium Rights in WA Projects

Jan 23, 2025

Spartan Resources Limited (ASX: SPR) has finalized a deal to acquire the lithium rights for three West Australian projects—Yalgoo, Egerton, and Dalgaranga—for $275,000 in cash. The rights were purchased from Firetail Resources Limited (ASX: FTL), which is focusing on its flagship Skyline Copper Project in Newfoundland while divesting its non-core Australian assets. This acquisition highlights Spartan Resources’ strategic push into the lithium sector.

 

 

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com