Kidman Resources Limited announced that it is changing its financial year end date from 30 June to 31 December in accordance with section 323D(2A) of the Corporations Act 2001 (Cth). Previously, the company's financial year commenced on 1 July and ended on 30 June. The change has been made to align the company's financial year with that of its Mt Holland Lithium Project joint venture (JV) partner Sociedad Quimica y Minera de Chile S.A. (SQM) and the JV entity Covalent Lithium Pty Ltd. (Covalent Lithium). The Mt Holland Lithium Project is the company's major asset and having the same year end date as SQM and Covalent Lithium will eliminate significant duplication and reduce administration costs for Kidman and Covalent Lithium management.