26 C
Delhi
Thursday, November 6, 2025

Greta Minerals Doubles Exploration Landholding in Western Australia, Eyes Lithium Supply for India

PNN

Singapore, October 6: Greta Minerals Pte Ltd, part of Singapore-based Greta Group, has doubled its exploration footprint in Western Australia to nearly 1,550 sq km, up from about 700 sq km acquired in 2024.

“We are very happy to expand our landholding, encouraged by the results of initial studies of Ultrafine+ soil sampling and analysis in one of our exploration areas, Gecko North. We believe we are in the right geological corridor to explore for lithium, gold, and other critical minerals,” said Nitesh Chaudhari, Chairman of Greta Group. The Gecko North Project, located 25 km northwest of Coolgardie, is one of seven critical mineral and gold projects under Greta Minerals (Australia) Pty Ltd. The company holds 37 granted and 5 pending mineral tenements, covering 1,550 sq km of prospective ground in Western Australia.

Gecko North lies within the Kalgoorlie Terrane of the Yilgarn Craton, east of the Ida Fault. This region is renowned for world-class deposits of gold and lithium. The ground also hosts the Silt Dam Monzogranite, part of the fertile Bali Suite monzogranites, which surveys link to both gold and lithium mineralisation.

Greta Minerals adopted the Ultrafine+ soil sampling & assay technique, developed by CSIRO and Labwest Minerals Analysis Pty Ltd, to detect deeper ore bodies. The method analyses ultrafine clay particles (<2 micrometres), offering higher sensitivity compared to traditional soil sampling.

Using this approach, 1,224 soil samples were collected across Gecko North, identifying:

* Three lithium anomalies, the largest stretching 6.4 km long, average 2.3 km wide, with lithium values peaking at 86.6 ppm Li.

* One caesium anomaly, up to 1.75 km long, 1.3 km wide, peaking at 41.7 ppm Cs.

* Three gold anomalies, including one within the Silt Dam Monzogranite, with peak values up to 50.5 ppb Au from a 900 m long, 400 m wide.

These findings point to a structurally complex but fertile system capable of hosting multiple mineral deposits. As India accelerates its push towards electric mobility and renewable energy storage, lithium demand is expected to soar. Currently, India imports nearly all of its lithium raw material requirements. Greta Minerals believes its projects in Western Australia–one of the world’s most stable and prolific lithium regions–can contribute to bridging this gap.

“Our exploration efforts are aligned with the growing global demand for critical minerals. For India in particular, securing a lithium supply will be key to powering EV adoption and grid-scale batteries. Greta Minerals, with its strong foothold in Western Australia, is well-positioned to be part of that supply chain,” said Rajshekhar Kudupali, Managing Director, Greta Minerals.

The company has also strengthened its team by appointing Derrick Kettelwell as Head of Exploration. It plans to expand its exploration programs and advance towards identifying viable deposits for future development.

With its doubled landholding, early geochemical successes, and focus on critical minerals, Greta Minerals is positioning itself not just as a resource developer in Australia but also as a potential partner in addressing India’s long-term lithium supply security.

Why Lithium Matters for India

India targets 30% electric vehicle adoption by 2030, requiring large-scale lithium-ion battery manufacturing. As per the announced capacities, India would have about 150 GWh Lithium-Ion manufacturing capacity.

Current Lithium & Cobalt associated imports by India is about $3.18 billion (FY2023).

Lithium is classified as a critical mineral under India’s new exploration and resource security framework.

* Energy Security: Lithium is central to renewable storage solutions, key for India’s solar and wind power integration.

* Global Race: Securing long-term lithium supply is vital as countries compete to lock in resources for clean energy transitions

About Greta Group

Greta Minerals PTE Ltd, part of the Greta Group, is headquartered in Singapore. Owned by NRI Mr Nitesh Chaudhari, Greta Group has built a notable presence in various industries, including trading (ferrous and non-ferrous metals), agriculture, mining, and power generation. Greta Minerals aims to explore and develop mineral resource assets, with a strong commitment to innovation, sustainability, and excellence.

(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same.)

(This content is sourced from a syndicated feed and is published as received. The Tribune assumes no responsibility or liability for its accuracy, completeness, or content.)

Latest

ED Summons Anil Ambani in Rs 7,500 Crore Bank Fraud Case

Enforcement Directorate questions Anil Ambani on November 14 in major money laundering case involving SBI loan fraud and Rs 7,500 crore asset attachments.

Ola Electric Q2 FY26: Revenue Drops 43% But Achieves First EBITDA Profit

Ola Electric's revenue fell 43% to ₹690 crore in Q2 FY26, but the company achieved its first-ever EBITDA profitability in auto business while narrowing losses.

Inflated IPO Valuations: Should SEBI Intervene? Expert Analysis

Lenskart IPO reignites debate on inflated valuations. Learn how SEBI could protect retail investors while maintaining market freedom in India's booming IPO market.

India’s Corporate Regulatory System Gets Major Overhaul from 2026

MCA approves 6 new RoC offices and 3 new RDs to streamline corporate compliance and boost ease of doing business in India's expanding corporate landscape.

Novo Nordisk Cuts Forecasts Again Amid Weight-Loss Drug Competition

Ozempic maker Novo Nordisk slashes financial guidance for the fourth time as competition from Eli Lilly and copycat drugs intensifies in the weight-loss market.

Topics

Golden Comet Defies Odds, Survives Close Encounter with Sun

Comet C/2025 K1 survives solar flyby that should have destroyed it, transforming into a rare golden spectacle visible with telescopes this November.

Nvidia CEO Warns China Will Win AI Race Due to Energy Advantages

Jensen Huang reveals China's lower energy costs and flexible regulations give it critical edge in artificial intelligence competition against US and UK.

Climate Study: World Can Still Return Below 1.5°C by 2100

New research reveals immediate maximum climate action can reverse global warming to below 1.5°C by 2100 through rapid renewable expansion and fossil fuel phaseout.

Microsoft to Store 365 Copilot Data Locally in India by 2025

India joins Australia, Japan and UK as first countries to get local Microsoft 365 Copilot data processing, addressing data sovereignty concerns for regulated industries.

Why Indian Apps Fail While Global Tech Giants Dominate

Analysis of why Indian apps like Koo and ShareChat collapse while global platforms thrive. Explore structural challenges, technology gaps, and ecosystem dependencies.

Starlink to Launch Satellite Internet in India via Maharashtra Partnership

Elon Musk's Starlink partners with Maharashtra for satellite broadband rollout, targeting remote areas with services expected by early 2026.

Apple to Pay Google $1 Billion Annually for Siri AI Upgrade with Gemini

Apple nears landmark deal with Google to power Siri's major overhaul using Gemini AI while maintaining user privacy through Private Cloud Compute servers.

ISRO to Transfer 50% PSLV Development to Indian Industry Consortium

ISRO plans major shift with 50% PSLV development transfer to industry after successful consortium launches. Indian firms already contribute 80-85% of space mission systems.
spot_img

Related Articles

Popular Categories

spot_imgspot_img