Mount Dromedary Project

planned

The Mount Dromedary Project is a high-grade graphite development located in North West Queensland, around 130km north of Cloncurry within the Mount Isa Inlier, one of Australias base-metal and critical minerals provinces. The project is owned by Lithium Energy Limited, which acquired a 100 per cent interest in 2025 as part of its strategy to build a vertically integrated battery materials business. The project hosts a JORC-compliant indicated and inferred resource of around 12.7Mt grading approximately 14.5 per cent total graphitic carbon (TGC), making it a high-grade natural graphite deposit by global standards. Development plans are focused on a potential open-pit mining operation, producing graphite concentrate for use in lithium-ion battery anodes and energy storage technologies. The project is also being integrated into a broader Battery Anode Material (BAM) supply chain, targeting export markets in Asia, Europe and North America. Although still in the exploration and study phase, Mount Dromedary is considered a strategic critical minerals project, with strong potential to support Australias growing battery materials industry.