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Global Lithium Resources Limited (ASX:GL1)

ALERT: Price-sensitive ASX Announcement for GL1
Current share price for GL1 : $0.715 0.015 (2.14%)+
Announcement
Release
20 Aug 2026 8:59AM
Price at Release
$0.700
Full Release
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Summary
Global Lithium Resources Limited has secured the Native Vegetation Clearing Permit (NVCP) and Groundwater Licence (GWL) for its Manna Lithium Project, completing primary State approvals to commence early works. The NVCP authorizes the clearing of up to 875 hectares over a five-year term, while the GWL ensures water requirements for current operations and future expansions are met. These approvals, following the recent Mining Development and Closure Proposal (MDCP) approval, enable the project to move towards construction, job creation, and economic benefits for local communities. The final investment decision is targeted for late 2026, with first ore shipments expected in 2027.
Key Points
  • Native Vegetation Clearing Permit and Groundwater Licence secured for Manna Lithium Project
  • Primary State approvals completed for early works to begin
  • Clearance for 875 hectares for a five-year term
  • Approvals support integrated Manna-Nova strategy
  • Final Investment Decision expected in December 2026
  • First ore shipment planned for 2027
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.