1MC.AX

Morella Corporation Limited functions as a resource development and exploration company, primarily engaged in identifying and advancing lithium and other essential battery minerals across Australia and the United States. Its business activities are segmented into Mineral Exploration and the provision of Exploration Services. The company holds a significant 51% stake in the Mallina Lithium Project, situated in Western Australia's northern Pilbara region. Additionally, it possesses a 60% interest, coupled with an exclusive option to acquire full ownership, in the Fish Lake Valley Lithium Project located in Esmeralda County, west-central Nevada, USA. Beyond its project-focused endeavors, Morella also extends specialized drilling services, primarily catering to other entities within the mining and exploration industries. Founded in 2000, and headquartered in West Perth, Australia, the company previously operated as Altura Mining Limited, changing its name to Morella Corporation Limited in December 2021.