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The Markets
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The Markets
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Battery Metals

Small Cap Watch: Astral Resources, Altech Batteries, Firefly Metals and Lithium Universe kick off the day

S&P/ASX Small Ordinaries (XSO) closed at 3,839.10, up 3.70 points (0.10%) today and 75.50 points (2.01%) over the past five days. As small caps grind higher, there are several companies that have already delivered material updates today. You can read about these and more throughout the day.

Astral Resources NL (ASX:AAR) reported assays from the final 51 holes (8,320 metres) of a 74-hole (11,740-metre) reverse circulation program at the 100%-owned Spargoville Gold Project south of Kalgoorlie. Notable Eagles Nest intercepts included 3 metres (m) at 16.9 g/t gold from 71 m (including 1 m at 49.2 g/t), 9 m at 5.16 g/t from 105 m (including 1 m at 33.6 g/t), and 25 m at 1.51 g/t from 199 m.

Altech Batteries Ltd (ASX:ATC, OTC:ALTHF) announced its strongest battery cycling performance to date for Silumina Anodes™, with 88.5% capacity retention after 500 cycles at a 5% silicon-in-graphite blend, corroborated by a repeated test achieving greater than 88.0% at the same interval.

FireFly Metals Ltd (ASX:FFM, TSX:FFM, OTC:MNXMF) released further high-grade infill results from underground drilling at the Green Bay Copper-Gold Project’s Ming Mine, supporting continuity and targeted conversion of Inferred Resources to Measured and Indicated categories within an ongoing six-rig campaign.

Lithium Universe Ltd (ASX:LU7, OTC:LUVSF) appointed Mohammadreza Hojati to Macquarie University’s research team advancing the company’s photovoltaic recycling program, encompassing Microwave Joule Heating Technology and Jet Electrochemical Silver Extraction. The mechatronics and robotics specialist bolsters in-house capability across automation, control electronics and prototyping for end-of-life solar panel silver recovery.

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