iTech Minerals Receives Central Land Council Nod to Start Northern Territory Project JV

MT Newswires Live

Sep 17, 2025

iTech Minerals (ASX:ITM) has received the Central Land Council approval to start its farm-in and lithium joint venture with SQM Australia for its Reynolds Range lithium project in the Northern Territory, according to a Wednesday filing with the Australian bourse.

Under the deal, the company received AU$2 million from SQM Australia for a 30% stake in the lithium mineral rights, the filing said.

However, SQM can earn up to a 70% stake in the lithium rights by spending AU$7 million on exploration within the next four and a half years, and by paying an additional AU$3 million to the company and defining a mineral resource estimate of 50 million tonnes at 1% lithium oxide or equivalent, the filing added.

Shares of the company rose 6% at market close.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2568450770"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2568450770\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2568450770?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-09-17 15:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2568450770","market":"hk","top_or_hot":-1,"title":"iTech Minerals Receives Central Land Council Nod to Start Northern Territory Project JV","media":"MT Newswires Live","content":"<html><body><p> iTech Minerals (ASX:ITM) has received the Central Land Council approval to start its farm-in and lithium joint venture with SQM Australia for its Reynolds Range lithium project in the Northern Territory, according to a Wednesday filing with the Australian bourse.</p><p>Under the deal, the company received AU$2 million from SQM Australia for a 30% stake in the lithium mineral rights, the filing said.</p><p>However, SQM can earn up to a 70% stake in the lithium rights by spending AU$7 million on exploration within the next four and a half years, and by paying an additional AU$3 million to the company and defining a mineral resource estimate of 50 million tonnes at 1% lithium oxide or equivalent, the filing added.</p><p>Shares of the company rose 6% at market close.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>iTech Minerals Receives Central Land Council Nod to Start Northern Territory Project JV</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\niTech Minerals Receives Central Land Council Nod to Start Northern Territory Project JV\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-09-17 15:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> iTech Minerals (ASX:ITM) has received the Central Land Council approval to start its farm-in and lithium joint venture with SQM Australia for its Reynolds Range lithium project in the Northern Territory, according to a Wednesday filing with the Australian bourse.</p><p>Under the deal, the company received AU$2 million from SQM Australia for a 30% stake in the lithium mineral rights, the filing said.</p><p>However, SQM can earn up to a 70% stake in the lithium rights by spending AU$7 million on exploration within the next four and a half years, and by paying an additional AU$3 million to the company and defining a mineral resource estimate of 50 million tonnes at 1% lithium oxide or equivalent, the filing added.</p><p>Shares of the company rose 6% at market close.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7504","symbol_name":"锂钴概念","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2568450770","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2568450770","pubTimestamp":1758092420,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"iTech Minerals  has received the Central Land Council approval to start its farm-in and lithium joint venture with SQM Australia for its Reynolds Range lithium project in the Northern Territory, according to a Wednesday filing with the Australian bourse.Under the deal, the company received AU$2 million from SQM Australia for a 30% stake in the lithium mineral rights, the filing said.However, SQM can earn up to a 70% stake in the lithium rights by spending AU$7 million on exploration within the next four and a half years, and by paying an additional AU$3 million to the company and defining a mineral resource estimate of 50 million tonnes at 1% lithium oxide or equivalent, the filing added.Shares of the company rose 6% at market close.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7504":"锂钴概念","XKO.AU":"标普/澳交所 300指数","BK4109":"特种化学制品","ITM.AU":"ITECH MINERALS LTD","BK7095":"多种金属与采矿","MTX":"Minerals Technologies Inc","BK7507":"资源股","XJO.AU":"标普/澳交所 200指数","XAO.AU":"标普/澳交所 普通股指数","PLS.AU":"PLS Group Ltd"},"translate_title":"iTech Minerals获得中央土地委员会批准启动北领地合资项目","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XJO.AU":0.9,"PLS.AU":0.9,"MTX":1.5,"XKO.AU":0.9,"XAO.AU":0.9,"ITM.AU":1},"content_text":"iTech Minerals (ASX:ITM) has received the Central Land Council approval to start its farm-in and lithium joint venture with SQM Australia for its Reynolds Range lithium project in the Northern Territory, according to a Wednesday filing with the Australian bourse.Under the deal, the company received AU$2 million from SQM Australia for a 30% stake in the lithium mineral rights, the filing said.However, SQM can earn up to a 70% stake in the lithium rights by spending AU$7 million on exploration within the next four and a half years, and by paying an additional AU$3 million to the company and defining a mineral resource estimate of 50 million tonnes at 1% lithium oxide or equivalent, the filing added.Shares of the company rose 6% at market close.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}