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2026-11-06
◂ Monitor DLI ASX

Delta Lithium Limited

Scoping Study Developer · Lithium · Others · Gold · Australia Rating locked: sign in to view v6.2
Last 2026-11-06
A$0.148
1D
—
1M
—
YTD
—
1Y
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Upside
Locked: sign in to view
Mkt cap
A$106.2M
EV
A$57M
Cash
A$49.6M
Debt
A$0
1 newer ASX announcement not yet reflected in this valuation

Portfolio detail

Assets

2 assets

Core asset

Mt Ida lithium project

Australia

Scoping Study Developer100% ownedLithiumOthersGold

Lithium and associated minerals retained; gold rights exclusively held by Ballard under mineral rights agreement.

Project location

Approximate location

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© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.

Resources & reserves4
TypeCategoryQuantityGradeContained mineralsDate
Mineral Resourcemeasured0.5 Mt1.21% Li2O aggregate gradeLithium2025-11-01
Mineral Resourceindicated7.2 Mt1.21% Li2O aggregate gradeLithium2025-11-01
Mineral Resourceinferred7.1 Mt1.21% Li2O aggregate gradeLithium2025-11-01
Mineral Resourcetotal14.8 Mt1.21% Li2O; 170ppm Ta2O5; 0.42% Rb2OLithium · Others2025-11-01
Tenements2
m29-0002Granted— None · No expiry supplied
m29-0094Granted— None · No expiry supplied
Milestones1
  1. Mt Ida scoping study result

    Pending · High materiality

Permits & approvals1
PermitJurisdictionStatusExpiryCritical path
Existing open-pit and underground mining approvalsWestern AustraliaGranted—No
Economic studies1
StudyStageStatusDateSummary
Mt Ida scoping studyScoping StudyCurrent2026-05-01Commenced May 2026; results targeted calendar 2026. No published capex, mine plan or project NPV at cutoff.

Core asset

Yinnetharra lithium and critical-minerals project

Australia

Resource Stage100% ownedLithiumOthers

Malinda lithium/tantalum resource; mining lease applications pending. Aston and Mortimer tenure included; fluorite exploratory only.

Project location

Approximate location

Loading location…

© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.

Resources & reserves4
TypeCategoryQuantityGradeContained mineralsDate
Mineral Resourceindicated16.1 Mt1.0% Li2O aggregate gradeLithium2025-03-01
Mineral Resourceinferred5.8 Mt1.0% Li2O aggregate gradeLithium2025-03-01
Mineral Resourcetotal21.9 Mt1.0% Li2OLithium · Others2025-03-01
Mineral Resourcetantalum-only, excludes lithium-host tonnes17.5 Mttantalum resource; combined tantalum total 39.4Mt at 102ppm Ta2O5Others2025-03-01
Tenements3
m09-185Application— None · No expiry supplied
m09-186Application— None · No expiry supplied
e09-2147Granted— None · No expiry supplied
Milestones2
  1. Decision on Malinda mining lease applications

    Pending · High materiality

  2. Resource growth drilling and technical work

    Pending · Medium materiality

Permits & approvals1
PermitJurisdictionStatusExpiryCritical path
Malinda mining leasesWestern AustraliaPending—Yes