Core Lithium extends closing date of oversubscribed SPP following strong investor demand
The company is considering increasing the amount raised to minimise scaling back of the SPP.
Company
Core Lithium Ltd
ASX:CXO
Core Lithium Limited is an Australian lithium company and 100% owner of the Finniss Lithium Operation in the Northern Territory. The company also holds a portfolio of tenements in the Northern Territory and South Australia which are prospective for a variety of commodities, including base metals, rare earth elements, gold and uranium.
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Core Lithium crosses a major milestone towards becoming Australia’s next lithium producer
Core is now on solid footing as it runs down the checklist of milestones to meet before construction is expected to commence later this year.
Core Lithium to receive $8.1 million for 2.5% royalty at Finniss
An $8.1 million royalty investment adds to the $2 million share purchase plan underway.
Core Lithium reveals possible new revenue source from Finniss project
The company has established offtake and prepayment agreements and is negotiating further deals with some of Asia’s largest lithium consumers.
Core Lithium looks ahead to expanding beyond 10 million tonnes
The Finniss Project has a total JORC resource of 9.63 million tonnes grading 1.3% lithium across six deposits.
Core Lithium new Lees resource expands Finniss total to 9.63 million tonnes at 1.3% lithium
The company has established offtake prepayment agreements and is negotiating further deals with some of Asia’s largest lithium consumers and producers.
Core Lithium confirms Finniss is likely to be Australia's next lithium mine
The company has increased mineral resources and ore reserves by over 400% since the start of 2018 and plans to add further resources and reserves to extend project life.
Core Lithium expands Finniss lithium concentrate offtake deal with Yahua by 50%
The offtake agreement includes a floor price, guaranteeing a robust operating margin and revenue for the first 2 years.
Core Lithium in trading halt with update on offtake agreement imminent
The company is in the final stages of studies to enable completion of the Finniss Lithium Project DFS.
Core Lithium’s drilling intersects high-grade lithium mineralisation ahead of Finniss DFS
New results include 76 metres at 1.78% lithium oxide from 149 metres.
Core Lithium grows Finniss global resource to 8.85 million tonnes with upgraded Carlton estimate
The expanded global mineral resource for the project increases the potential for an increased mine life and is aimed at further enhancing project economics.
Core Lithium discovers new spodumene pegmatite body adjacent to Carlton lithium resource
Core is currently completing a resource update for the Carlton ore body (expected next week) ahead of finalising the definitive feasibility study.
Core Lithium results underpin potential resource growth at Finniss Lithium Project
Drilling confirms that ore-grade lithium mineralisation is widespread within Finniss and has potential to support a long life-life mining and production operation.
Lithium Mine to Market conference highlights WA’s comparative advantage in battery metals
The Roskill-hosted conference gathered lithium analysts, industry leaders and investors to discuss new developments and current projects in the industry.
Lithium Mine to Market conference in Perth this week to put spotlight on lithium industry
The conference will be held at the Parmelia Hilton in Perth this Thursday and Friday, February 21 and 22.
Core Lithium makes key appointments to progress Finniss Lithium Project
The company has engaged Adelaide-based consultancy Workplace Partners to develop and implement human resources, industrial relations and work, health and safety systems.
Core Lithium boosts Finniss resource to 8.6 million tonnes with initial Hang Gong estimate
A further exploration target of 3 to 5 million tonnes grading between 1% and 1.4% lithium has been set at Hang Gong.
Core Lithium selects preferred lead contractor for Finniss Lithium Project
The company is targeting first production from the project by the end of 2019.
Core Lithium achieves a major milestone towards production at Finniss Lithium Project
First ever lithium mineral lease in the Northern Territory awarded to Core, achieving a key regulatory milestone.
Core Lithium prepares resource updates ahead of Finniss DFS expansion
The Finniss lease also hosts the Grants deposit, which will host the project's first mine.