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.
Table of Contents
- Australia’s Position in Lithium and Uranium Mining
- Why Lithium Mining in Australia Matters Globally
- Companies That Mine Lithium in Australia
- Uranium Mining: Australia’s Reserve Base and Output
- Companies That Mine Uranium in Australia
- Technology, Supply Chains, and Exploration
- Satellite-Based Mineral Detection for Exploration
- Company Comparison Table
- Lithium Concentrate Value Calculator
- Outlook and How to Track These Figures Yourself
- FAQs
- Useful Links
- Try it: Enter values above to estimate LCE-equivalent value.
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 UโOโ 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.
- ๐ Lithium feeds battery-grade hydroxide and carbonate production for EV and grid-storage manufacturers
- โข๏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.
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.
Why Lithium Is a Critical Battery Input
- โ Energy density: lithium-ion chemistry remains the dominant choice for EV traction batteries and stationary storage
- ๐ Rechargeability: supports repeated charge cycles at commercial and grid scale
- ๐ก Electronics demand: laptops, phones, and portable tools all draw on the same lithium chemical supply chain
- โก 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.
- ๐ญ Site: Pilgangoora Project, Western Australia
- ๐ Offtake: long-term supply contracts with Asian and European battery manufacturers
- โฉ 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.
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.
- ๐งช Products: both lithium hydroxide and lithium carbonate, covering different battery-chemistry needs
- ๐ญ Processing: expanding Australian conversion capacity to add value onshore
- ๐ 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.
- ๐ Focus: recovering lithium from spent batteries and mine tailings
- ๐ก 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 UโOโ. 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.
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.
- ๐ Site: Ranger, Northern Territory โ production ceased 2021, now in rehabilitation
- โป๏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)
- ๐ 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.
- ๐ Sites: Kintyre and Yeelirrie, Western Australia โ development-stage, not yet producing
- ๐งญ 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.
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).
- ๐ Exploration: satellite and remote-sensing analytics are increasingly used ahead of ground campaigns to narrow drill targets
- โ Processing: onshore lithium hydroxide and carbonate conversion reduces reliance on raw concentrate exports
- โ 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-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.
- ๐ Coverage: deployed across multiple continents and geological settings, including Australian terrain
- ๐ค Method: spectral analysis to identify anomaly zones ahead of ground surveys
- ๐ Deliverables: anomaly heatmaps, 3D subsurface models, and geological interpretation reports
Full detail is on the satellite-based mineral detection page.
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.
Enter values above to estimate LCE-equivalent value.
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.
- ๐ Lithium pricing: track via InvestingNews’ lithium forecast page (linked above) or commodity trackers such as Intratec and IMARC Group, which update daily to weekly
- ๐ Australian production data: the Department of Industry’s Resources and Energy Quarterly, published each June, carries fiscal-year production and export forecasts
- ๐ US mineral benchmarks: the USGS Mineral Commodity Summaries, published annually, covers both lithium and uranium production data for comparison against Australian output
- โข๏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.
FAQs: Lithium and Uranium Mining Companies in Australia
-
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. -
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. -
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. -
How much uranium does Australia produce, and how large are its reserves?
Australia produced 4,820 tonnes of UโOโ 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. -
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. -
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.
Useful Links for Mining Sector Stakeholders
- Satellite-Based Mineral Detection by Farmonaut โ identify and validate mineral prospects with satellite analytics.
- Satellite Driven 3D Mineral Prospectivity Mapping โ visualize sub-surface deposit potential.
- Australia Uranium Mines: Trends and Market Impact โ deeper detail on the country’s uranium sector.
- Ranger Uranium Mine: Location and Impact โ background on ERA’s former flagship site.
- Biggest US Uranium, Iron Ore, Oil & Gas Companies โ for readers comparing against US-based operators including Cameco’s North American footprint.
- Get a mining exploration quote โ connect with Farmonaut for a project assessment.
- Contact Farmonaut for support โ guidance on satellite, GIS, and mineral data solutions.
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.

