v3.25.3
Segment Reporting, Reconciliation (Details) - AUD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
Reconciliation of segment information [Abstract]      
Underlying EBITDA $ (66,915) $ (54,154) $ (23,465)
Underlying depreciation and amortisation expense [1] (40,056) (33,307) (634)
Underlying earnings adjustments [Abstract]      
Gain on remeasurement of deferred income 4,546 0 0
Income from sale of tax benefits under flow through share arrangements 6,084 5,294 2,578
Impairment and write down of financial assets (548) (8,134) 0
Impairment and write down of non-financial assets [2] (271,310) (17,066) [3] 0 [3]
Net movement in inventories relating to net realisable value adjustments (4,200) (10,400) 0
Loss from operations (384,372) (119,068) [3] (21,521) [3]
Net financial income/(expense) (358) 3,622 [3] 14,821 [3]
Income tax benefit/(expense) 2,989 (3,576) [3] (3,649) [3]
Loss after income tax (381,741) (119,022) [3] (10,349) [3]
Canadian and Australian Operations [Member]      
Underlying earnings adjustments [Abstract]      
Impairment and write down of non-financial assets [4] (271,310) (17,066) 0
Australian Operations [Member]      
Underlying earnings adjustments [Abstract]      
Impairment and write down of non-financial assets 0 5,900 0
Canadian Operations [Member]      
Underlying earnings adjustments [Abstract]      
Gain on remeasurement of deferred income [5] 4,546 0 0
Income from sale of tax benefits under flow through share arrangements [6] 6,084 5,294 2,578
Impairment and write down of financial assets [5] 0 (8,134) 0
Impairment and write down of non-financial assets 271,300 11,200 0
Net movement in inventories relating to net realisable value adjustments [7] (4,200) (10,437) 0
Corporate [Member]      
Underlying earnings adjustments [Abstract]      
Impairment and write down of non-financial assets   (5,100)  
Loss on disposal of financial assets [8] 0 (1,264) 0
Merger transaction and integration costs [9] $ (12,521) $ 0 $ 0
[1] Underlying depreciation and amortisation expense is comprised of depreciation and amortisation expense and other non-cash inventory movements recognised within ‘Changes in inventories of finished goods and work in progress’. Refer to Note 7 for further details.
[2] The total impairment and write down of $271.3 million for the year ended 30 June 2025 relates to North American Lithium. The total impairment and write down of $17.1 million for the year ended 30 June 2024 relates to the Australian operations ($5.9 million), Corporate ($5.1 million), Vallée Lithium Project ($4.0 million), and various other individually immaterial projects ($2.1 million).
[3] Refer to Note 32 for details on restatement of prior period comparatives.
[4] Adjustment to profit/(loss) for both the Australian operations segment of nil (2024: $5.9 million; 2023: Nil) and Canadian operations segment of $271.3 million (2024: $11.2 million; 2023: Nil).
[5] Adjustment to profit/(loss) for the Canadian operations segment.
[6] Adjustment to profit/(loss) for the Canadian operations segment. Refer to Note 16 (a) for further details.
[7] Adjustment to profit/(loss) for the Canadian operations segment. Refer to Note 11 for further details.
[8] Adjustment to profit/(loss) for the Corporate segment.
[9] Adjustment to profit/(loss) for the Corporate segment. Refer to Note 7 for further details.