Wildcat Resources at Mining Forum Americas 2026: lithium push gains pace

On Monday, 28 September 2026, Wildcat Resources revealed its lithium project at the Tabba Tabba site in Western Australia during the Mining Forum Americas 2026. The company stated that the project is progressing well but faces typical challenges such as financing, construction, and commodity price fluctuations. Tabba Tabba boasts a significant, high-confidence resource with strong economics at current spodumene prices.

The company aims for production in late 2028 or 2029, with a definitive feasibility study expected in the coming months.

Management highlighted low operating costs, existing infrastructure, and various funding options, including debt, government finance, and off-take structures. Wildcat also emphasized the potential upside, noting the nearby Bolt Cutter discovery that could add ore and extend the mine life.

The company acknowledged lithium market volatility and plans to mitigate price downturns through stockpiling and floor-price protections. They cited compelling economics at the current market price of AUD 2,000 per tonne, resulting in a post-tax net present value of AUD 2.9 billion and an internal rate of return exceeding 40%.

The capital expenditure is estimated at AUD 687 million, with a payback period of 1.7 years. Wildcat's operating cost is AUD 541 per tonne of spodumene, while all-in sustaining costs are AUD 658 per tonne. The stock is currently valued at $277 million, with the company's CEO, AJ, calling the current price undervalued and highlighting the project's favorable cost structure compared to other lithium producers.