Reviewed August 2026 against World Nuclear Association country-profile data and InvestingNews battery-metals pricing.

Try it: Enter values above to estimate LCE-equivalent value. →

Three companies do almost all of Australia’s hard-rock lithium mining โ€” Pilbara Minerals, Allkem (formed from the 2022 merger of Galaxy Resources and Orocobre), and Lithium Australia, which focuses on recycling rather than extraction. On the uranium side, the field is smaller still: BHP runs Olympic Dam in South Australia, Energy Resources of Australia (ERA) is rehabilitating the closed Ranger mine in the Northern Territory, and Cameco Corporation holds Australian project partnerships including Kintyre and Yeelirrie in Western Australia. Below is what each company actually operates, what the country’s uranium reserves and output look like against World Nuclear Association data, and where to check current lithium prices and production figures yourself, since both move fast enough that any number printed here needs a live source next to it.

Key Insight

Australia holds roughly 28% of the world’s known uranium reserves (1.7 million tonnes in the reasonably-assured, sub-$130/kg category) according to the World Nuclear Association’s 2022 country-profile data, and mined 4,820 tonnes of Uโ‚ƒOโ‚ˆ that year. Both figures are refiled periodically โ€” see the sourcing note in each section below before quoting them as current.

Australia’s Position in Lithium and Uranium Mining

Western Australia’s Pilbara and Goldfields regions host the country’s hard-rock spodumene mines, while South Australia’s Olympic Dam and the Northern Territory’s Ranger site anchor its uranium history. Two separate mineral industries, two separate sets of companies โ€” and this article covers only the companies mining lithium and uranium inside Australia, not the broader critical-minerals sector or mining companies operating outside Australia.

  • ๐Ÿ”‹ Lithium feeds battery-grade hydroxide and carbonate production for EV and grid-storage manufacturers
  • โ˜ข๏ธ Uranium is mined for nuclear fuel supply chains, mostly for export

Why Lithium Mining in Australia Matters Globally

Global lithium carbonate spot pricing sat at $21,940 per tonne in Northeast Asian markets as of 12 August 2026, per InvestingNews’ lithium forecast tracker, down from the $26,278 per tonne battery-grade carbonate price recorded for Q1 2026 by the same source. That swing โ€” roughly 16% in a matter of months โ€” is the reason any production or revenue figure in this article needs a live price check before you use it in a model: lithium pricing is one of the most volatile inputs in the entire minerals sector.

Lithium Carbonate Spot Price: Q1 2026 vs August 2026 $20k $24k $28k $26,278 $21,940 Q1 2026 12 Aug 2026 Price ($/tonne) โˆ’$4,338 (โˆ’16.5%) InvestingNews lithium forecast, Aug 2026

Companies that mine lithium in Australia sell spodumene concentrate โ€” the raw hard-rock output โ€” either as feedstock to overseas converters or, increasingly, to in-country hydroxide and carbonate processing plants. That processing step is where Allkem and Pilbara Minerals have both been investing, since converting concentrate to battery-grade chemicals captures more value onshore than shipping raw ore.

How Satellites Find Lithium in Nigeria: Made Simple!

Why Lithium Is a Critical Battery Input

  • โœ” Energy density: lithium-ion chemistry remains the dominant choice for EV traction batteries and stationary storage
  • ๐Ÿ”„ Rechargeability: supports repeated charge cycles at commercial and grid scale
  • ๐Ÿ’ก Electronics demand: laptops, phones, and portable tools all draw on the same lithium chemical supply chain
  • โšก Grid storage: batteries built from Australian spodumene feed utility-scale storage projects in the US, EU, and Asia

Companies That Mine Lithium in Australia

Three names cover the field: one large-scale hard-rock producer, one diversified international operator, and one recycling specialist. Here is what each actually does, distinct from marketing language about “leadership” or “innovation.”

Pilbara Minerals

Pilbara Minerals operates the Pilgangoora lithium-tantalum project in Western Australia, one of the largest hard-rock spodumene operations in the country. It sells concentrate under offtake agreements to battery manufacturers in Asia and has been expanding downstream processing capacity to move further up the value chain rather than exporting raw ore exclusively.

  • ๐Ÿญ Site: Pilgangoora Project, Western Australia
  • ๐Ÿ”— Offtake: long-term supply contracts with Asian and European battery manufacturers
  • โฉ Direction: continued investment in downstream processing to retain value onshore

Pro Tip

For current Pilgangoora output figures, check Pilbara Minerals’ quarterly production reports directly โ€” spodumene concentrate volumes and realised prices are disclosed each quarter and change materially with both mine ramp-up and the spot price swings shown above.

Find Hidden Minerals by Satellite | Farmonaut Detection

Allkem Limited

Allkem was formed in 2022 through the merger of Galaxy Resources and Orocobre. The combined company runs hard-rock spodumene mining in Australia alongside brine-based lithium extraction in Argentina, giving it two distinct production methods under one balance sheet.

  • ๐Ÿงช Products: both lithium hydroxide and lithium carbonate, covering different battery-chemistry needs
  • ๐Ÿญ Processing: expanding Australian conversion capacity to add value onshore
  • ๐ŸŒŠ Argentina operations: brine-based extraction, a different technical process from Australian hard-rock mining

Lithium Australia

Lithium Australia is not a large-scale primary miner โ€” its focus is recovering lithium from spent batteries and mining waste, and developing extraction processes aimed at a circular-economy supply model rather than new resource extraction.

  • ๐Ÿ”„ Focus: recovering lithium from spent batteries and mine tailings
  • ๐Ÿ’ก R&D: extraction and recycling process development, not bulk spodumene mining

Common Mistake

Grouping Lithium Australia’s production with the two hard-rock miners overstates Australia’s primary lithium output. Recycling volumes are a separate figure from mined-tonne production and should be tracked separately when modeling supply.

Satellite-Based Mineral Detection for Exploration

Before a lithium or uranium deposit reaches production, it has to be found and delineated. Farmonaut’s Satellite-Based Mineral Detection platform helps exploration teams narrow target zones from orbit, cutting the ground disturbance and time needed for early-stage prospectivity work.

Uranium Mining: Australia’s Reserve Base and Output

Australia held approximately 1.7 million tonnes of uranium in the reasonably-assured resource category recoverable at under $130/kg, according to the World Nuclear Association’s Australia country profile using 2022 data โ€” about 28% of the world’s known uranium reserves at that assessment. Production that year came in at 4,820 tonnes of Uโ‚ƒOโ‚ˆ. Both figures are country-profile snapshots that the World Nuclear Association updates on its own schedule, so check the profile directly for the current assessment rather than treating 2022 as an ongoing figure.

Australia Uranium Reserves: 1.7 Million Tonnes at 28% of Global Reserves, 2022 Australia: 1.7 million tonnes 0% 50% 100% Share: 28% 72% Australia Rest of World Percentage of Global Uranium Reserves World Nuclear Association country profile, 2022

How Satellites Find Uranium in Zimbabwe: Made Simple!

That reserve base sits behind three companies with very different roles: one rehabilitating a closed mine, one running an active polymetallic operation, and one holding exploration and development partnerships rather than Australian production. Details on the country’s uranium sector, including regulatory context, are covered on Farmonaut’s Australia uranium mines trends and market impact page.

Companies That Mine Uranium in Australia

1. Energy Resources of Australia (ERA)

ERA operated the Ranger uranium mine in the Northern Territory until production ceased in 2021. Since then, ERA’s work has shifted entirely to site rehabilitation โ€” tailings management and groundwater remediation โ€” rather than new uranium output. Anyone modeling ERA as a current uranium producer is working from outdated information; its role today is closure, not extraction.

  • ๐Ÿ“ Site: Ranger, Northern Territory โ€” production ceased 2021, now in rehabilitation
  • โ™ป๏ธ Current work: tailings and groundwater remediation, not mining

2. BHP Group

BHP operates Olympic Dam in South Australia, a polymetallic mine producing uranium alongside copper and gold from the same ore body. It is the one Australian uranium operation that is genuinely active at scale, and its uranium output is a byproduct stream of a copper-led operation rather than a uranium-first mine.

  • โ›๏ธ Site: Olympic Dam, South Australia โ€” active polymetallic operation (uranium, copper, gold)
  • ๐Ÿ”— Buyers: uranium output sold into Asian, European, and North American nuclear fuel markets

3. Cameco Corporation (Australian Partnerships)

Cameco is headquartered in Canada but holds Australian project interests, including the Kintyre and Yeelirrie deposits in Western Australia. Neither is in active production โ€” both sit at exploration and development stages, which is why Cameco’s Australian presence is a partnership and permitting story rather than a current output figure.

  • ๐ŸŒ Sites: Kintyre and Yeelirrie, Western Australia โ€” development-stage, not yet producing
  • ๐Ÿงญ Role: holds Australian uranium ground through partnerships rather than domestic Canadian operations

Investor Note

Regulatory compliance and rehabilitation track record matter more for uranium miners than for lithium producers, given the sector’s history โ€” ERA’s post-2021 work at Ranger is the clearest current example of what a well-managed closure looks like in practice.

Rare Earth Boom 2025: AI, Satellites & Metagenomics Redefine Canadian Critical Minerals

Technology, Supply Chains, and Exploration

Both sectors face the same structural question: how much processing happens onshore versus how much raw material gets exported. For lithium, that means the shift from shipping spodumene concentrate toward producing battery-grade hydroxide and carbonate domestically. For uranium, it means the balance between active production (Olympic Dam), closure work (Ranger), and development-stage exploration (Kintyre, Yeelirrie).

  • ๐Ÿ“Š Exploration: satellite and remote-sensing analytics are increasingly used ahead of ground campaigns to narrow drill targets
  • โœ” Processing: onshore lithium hydroxide and carbonate conversion reduces reliance on raw concentrate exports
  • โš  Price risk: the $21,940 to $26,278 per tonne swing in lithium carbonate pricing shown above directly affects project economics and financing decisions

Satellite-Driven 3D Mineral Prospectivity Mapping

For exploration teams targeting new lithium or uranium ground, satellite-driven 3D mineral prospectivity mapping builds a subsurface view of deposit potential that helps prioritize drilling before committing ground-based budget.

Satellite Mineral Exploration 2025 | AI Soil Geochemistry Uncover Copper & Gold in British Columbia!

Satellite-Based Mineral Intelligence for Exploration

Before any of the companies above can report a resource figure, that resource has to be located and delineated โ€” traditionally a slow, ground-heavy process. Farmonaut’s approach uses satellite spectral analysis to flag mineralized anomalies and narrow target zones before drilling begins.

  • ๐ŸŒ Coverage: deployed across multiple continents and geological settings, including Australian terrain
  • ๐Ÿค– Method: spectral analysis to identify anomaly zones ahead of ground surveys
  • ๐Ÿ” Deliverables: anomaly heatmaps, 3D subsurface models, and geological interpretation reports

Full detail is on the satellite-based mineral detection page.

DRC

Company Comparison Table

Company Mineral Site(s) Production Status How to Check Current Output
Pilbara Minerals Lithium Pilgangoora, WA Active, large-scale hard-rock spodumene Company quarterly production reports
Allkem Limited Lithium Australia (hard-rock) + Argentina (brine) Active, dual-process producer Company quarterly reports; ASX filings
Lithium Australia Lithium Perth, WA and partner sites Recycling and recovery, not primary mining Company disclosures on recycling volumes
BHP Group Uranium (plus copper, gold) Olympic Dam, SA Active polymetallic operation BHP annual/quarterly reports
Energy Resources of Australia Uranium Ranger, NT Closed 2021; rehabilitation ongoing ERA rehabilitation progress reports
Cameco Corporation Uranium Kintyre & Yeelirrie, WA Development-stage, not producing Cameco project updates and permitting filings

Lithium Concentrate Value Calculator

Estimate the value of a spodumene concentrate shipment using the lithium carbonate pricing range cited above and your own tonnage and conversion assumptions.

Interactive

Enter values above to estimate LCE-equivalent value.

—

Australia

Outlook and How to Track These Figures Yourself

Company-level production volumes for individual lithium miners โ€” how many tonnes Pilbara Minerals or Allkem actually shipped in their most recent quarter โ€” are not published in any source available for this article; the way to get them is directly from each company’s quarterly ASX production report, which is filed roughly six weeks after each quarter closes. The same applies to all-in production costs per tonne, capacity-expansion capital commitments, and grade specifications by mine: these are disclosed by the companies themselves, not by a single aggregator, so check the specific operator’s investor-relations page for the mine in question.

  • ๐Ÿ“ˆ Lithium pricing: track via InvestingNews’ lithium forecast page (linked above) or commodity trackers such as Intratec and IMARC Group, which update daily to weekly
  • ๐Ÿ“Š Australian production data: the Department of Industry’s Resources and Energy Quarterly, published each June, carries fiscal-year production and export forecasts
  • ๐ŸŒ US mineral benchmarks: the USGS Mineral Commodity Summaries, published annually, covers both lithium and uranium production data for comparison against Australian output
  • โ˜ข๏ธ Uranium reserves and output: the World Nuclear Association updates its Australia country profile on its own schedule โ€” check it directly rather than citing the 2022 figures in this article as current

Durable Checklist: Verifying a Mining Company’s Current Status

Before citing any company above as an active producer, check three things: (1) the company’s most recent quarterly or annual production report, (2) whether the specific mine named is in production, care-and-maintenance, or rehabilitation โ€” status changes matter more than company name recognition, and (3) the date on any price figure you’re using against a live pricing tracker. A company that mined uranium five years ago may not mine it now; ERA is the clearest example in this article.

Key Insight

The lithium carbonate price swing from $26,278/tonne in Q1 2026 to $21,940/tonne on 12 August 2026 (InvestingNews) illustrates why any lithium mining economics need a current spot price, not a figure carried over from a prior quarter.

Arizona Copper Boom 2025

FAQs: Lithium and Uranium Mining Companies in Australia

  1. What companies mine lithium in Australia?
    Pilbara Minerals (Pilgangoora, WA) and Allkem Limited (formed from the 2022 merger of Galaxy Resources and Orocobre) are the two active hard-rock producers. Lithium Australia focuses on recycling lithium from batteries and mining waste rather than primary extraction.
  2. What are the top lithium companies in Australia by scale?
    Pilbara Minerals and Allkem are the two largest hard-rock lithium operators by mine scale. For exact current tonnage, check each company’s most recent quarterly production report โ€” figures move every quarter and are not static.
  3. What companies mine uranium in Australia?
    BHP (Olympic Dam, South Australia) is the only currently active large-scale uranium producer. Energy Resources of Australia operated Ranger until 2021 and is now in rehabilitation. Cameco Corporation holds Australian development-stage projects at Kintyre and Yeelirrie but is not currently producing there.
  4. How much uranium does Australia produce, and how large are its reserves?
    Australia produced 4,820 tonnes of Uโ‚ƒOโ‚ˆ in 2022 and held about 1.7 million tonnes in reasonably-assured reserves (under $130/kg), roughly 28% of world reserves, per the World Nuclear Association’s country profile. Check the profile directly for any more recent assessment.
  5. What is the current lithium carbonate price?
    Global lithium carbonate spot price was $21,940 per tonne in Northeast Asian markets as of 12 August 2026, down from $26,278 per tonne in Q1 2026, per InvestingNews. Check the source link for the current figure, since this price moves frequently.
  6. How does Farmonaut support exploration for these mining companies?
    Farmonaut’s satellite-based platform identifies mineralized anomaly zones ahead of ground surveys, reducing the time and disturbance needed for early-stage lithium and uranium exploration.

Conclusion

The list of companies that mine lithium and uranium in Australia is shorter than it looks from the outside: two active hard-rock lithium producers (Pilbara Minerals, Allkem), one recycling specialist (Lithium Australia), one active polymetallic uranium operation (BHP’s Olympic Dam), one uranium miner in rehabilitation (ERA at Ranger), and one uranium developer without current Australian production (Cameco). Track the World Nuclear Association’s country profile for reserve and output updates, and a live lithium price tracker such as InvestingNews for pricing โ€” both numbers move on their own schedule, independent of any company’s news cycle.

Australia’s Uranium Reserves vs 2022 Production Tonnes Uโ‚ƒOโ‚ˆ 0 1.7 million Reasonably assured reserves Total Reserves 4,820 tonnes 2022 Production World Nuclear Association, 2022








Farmonaut Farmonaut Trusted by 200,000+ users and 100+ businesses 200,000+ users trust us WSP Investment CompanyDalgety Minerals Pty LtdVortex Minerals Pty LtdSwati MineralsFaith At Work (Pty) LtdGeotech Mining Solutions plcVulcan International LimitedKidepo AssociatesGKY MiningAlkimy SARLDouble A TradingTipareth MinesGeoticgyGemSprout Metals LimitedSouthbridge & Wess PDC LtdQader GroupIleys General TradingSG Gold Mining LLCVRV Global Pte LtdOmsri International FZEMineral Gulf Transhipment DMCCG.I.T.T.Jaunita Erss LtdAlmosi SARLSRK ConsultingBerks Gold LimitedNanita Company LimitedEnergy and Resources LtdDenkyira Nkoranza ConcessionMwerezi Minerals Company LimitedRiverside Resources LimitedRamani Investments LtdAfrican Venture Partners HoldingComfix & Engineering LimitedCritica Metals LimitedImperial Impex FZECongo Mining SolutionsCIMISCO SARLViahara MiningMining SARL Get started