Skip to main content
The Markets by Proactive
Go to Proactive Australia

Archive

Kali Metals makes strong ASX debut; identifies spodumene in multiple Spargoville locations

Kali Metals makes strong ASX debut; identifies spodumene in multiple Spargoville locations

Kali Metals Ltd (ASX:KM1) managing director Graeme Sloan sits down with Proactive’s Jonathan Jackson to discuss the company’s successful listing on the ASX. Kali raised $15 million and was supported by some major players in the West Australian lithium scene, including major shareholder and Mineral Resources MD Chris Ellison, Kalamazoo Resources and Karora Resources which both spun out Kali. Sloan discusses the strong support received for the IPO, where the funds will go, the appointment of chief geologist Stuart Peterson to speed things along and recent results at the Spargoville Project which already looks to be bearing fruit, with spodumene identified in multiple locations. Finally, Graeme discusses what investors can expect in 2024.