Rubix Resources Ltd

Rubix Resources (ASX: RB6) has completed drilling at its Paperbark project in northwest Queensland and signed a non-binding deal to acquire prospective bauxite licences in Central Africa. The twin updates provide both near-term exploration results from a base and critical metals project in Australia and potential entry into one of the world’s major bauxite regions. […]

Australian explorers look like they’re leaving no lithium stone unturned as they continue to peg ground in Ontario and Quebec provinces in Canada, chasing the battery metal’s hot future in the electrification revolution. Continuing forecasts of severe lithium shortages by 2030 — just seven years hence — are fuelling market enthusiasm for new exploration stories. […]