Articles for tag: ASX, debut, junior, Kali, lithium, Metals, soars

Lithium Junior Kali Metals Rises on ASX Debut

Kali Metals’ entrance on the ASX has generated tremendous interest, notably from heavyweights in the local mining sector. The managing director of Mineral Resources, Chris Ellison, showed significant interest through his private company, Wabelo. The success story of Kali Metals, a spin-off of Kalamazoo Resources (ASX: KZR) and Karora Resources (TSX: KRR) lithium assets, stands in stark contrast to the challenges faced by other Australian juniors. For instance, Core Lithium (ASX: CXO) recently had to cease operations at its Finniss complex due to what it described as “tough” market conditions. Moreover, other small players have found themselves embroiled in a