Graphite Mining News in Queensland

LE MINERALS LIMITED
LE MINERALS LIMITED
LEL
Queensland

LEL: Notice of General Meeting to Approve Spin-Out - 20 Nov 2026

LE Minerals Limited is seeking shareholder approval for the spin-out and sale of its wholly-owned subsidiary, Axon Graphite Pty Ltd, to M Battery Materials Limited (MBM) for A$20 million in cash and scrip. This transaction will see LE Minerals divest its graphite projects, allowing it to focus on its gold-copper and lithium projects, while retaining a significant shareholding in MBM. The spin-out is conditional on MBM's successful IPO and involves a complex in-specie distribution of MBM shares to LE Minerals shareholders, subject to escrow and tax considerations.

View story
Global Energy Metals Corporation
Global Energy Metals Corporation
GEMC
Queensland, Australia

Global Energy Metals Reports Significant Near-Surface Graphite At Millennium Project

Global Energy Metals has reported significant new near-surface graphite assay results from four diamond drill holes at the Millennium Project in Queensland, Australia. The drilling confirmed high-grade Total Graphitic Carbon (TGC) intercepts and supports a continuous mineralisation strike of over 2km, potentially providing a low-strip ratio byproduct to the existing copper-cobalt-gold resource.

View story