Rapid Lithium Limited engages in the exploration and evaluation of mineral resource properties in Africa. It explores for nickel and copper deposits. It holds 100% interest in the Nyanga Magmatic nickel copper project with two exploration licenses covering an area of approximately 2,725 km2 located in Southern Gabon. The company also has an agreement to acquire 80% interest in the Bend Nickel Project that covers an area of approximately 12 km2 located in Zimbabwe. The company was formerly known as Armada Metals Limited and changed its name to Rapid Lithium Limited in October 2024. Armada Metals Limited was incorporated in 2021 and is based in Sydney, Australia.