Geopolitics · Mining.com ·

Australia's Jindalee Lithium plans to spin out its US lithium assets into a new Nasdaq-listed company, US Elemental, through a merger with a US-listed SPAC, with a public listing targeted for the second half of 2026. The vehicle is built around the McDermitt lithium project on the Oregon-Nevada border, one of the world's largest known lithium accumulations. An S-4 registration statement is due to be filed with the SEC in the coming weeks.