ioneer Ltd American Depositary Shares

The Trump administration is strategically investing in critical minerals companies to strengthen domestic supply chains and reduce dependence on foreign sources, with potential focus on companies producing rare earths, lithium, and strategic minerals.

SQM, the world's second-largest lithium producer, reported a steep drop in Q4 2024 profit due to declining lithium prices. The company plans to reduce capital expenditures in 2025 as it expects lower average realized lithium prices compared to 2024.

Canter Resources announced promising brine assay results from Phase II geoprobe drilling at its Columbus Lithium-Boron Project in Nevada, showing consistent lithium and boron concentrations across an expanded area. The results support the project's potential for significant lithium and boron brine development.

Lithium spot prices were generally flat the past month. Click here for the lithium junior miners news for April 2024.

Lithium carbonate spot prices were flat, and lithium hydroxide and spodumene spot prices were lower the past month. Click here to read my analysis.