Lotus Resources Limited engages in the exploration and development of mineral properties in New South Wales and Western Australia. It explores for cobalt, gold, iron ore, and base metals. Its flagship asset is the Hylea Cobalt Project comprising two exploration licenses covering approximately 197 square kilometers in the Fifield District, New South Wales. The company was formerly known as Hylea Metals Limited and changed its name to Lotus Resources Limited in August 2019. Lotus Resources Limited was incorporated in 2006 and is based in West Perth, Australia.