Core Lithium

Core Lithium

Mining

Perth, Western Australia 16,050 followers

Core Lithium (ASX: CXO) is an Australian hard rock lithium miner and 100% owner of the Finniss Lithium Operation, NT.

About us

Core Lithium Ltd (ASX: CXO) is an Australian lithium company that owns and operates the Finniss Lithium Operation on the Cox Peninsula, south-west and 88km by sealed road from the Darwin Port, Northern Territory. Core’s vision is to generate sustained value for shareholders from critical minerals exploration and mining projects underpinned by strong environmental, safety and social standards.

Industry
Mining
Company size
11-50 employees
Headquarters
Perth, Western Australia
Type
Public Company
Specialties
Mining, Lithium, Exploration, and Project Development

Locations

  • Primary

    Level 9, 2 Mill Street, Perth WA

    Perth, Western Australia 6000, AU

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Employees at Core Lithium

Updates

  • View organization page for Core Lithium, graphic

    16,050 followers

    Read more about our new high-grade lithium drill results within 20km of the Grants processing facility at our Finniss operation in the Northern Territory in the below Australian Mining article: https://bit.ly/4fhEAJ6 #CoreLithium #CXO

  • View organization page for Core Lithium, graphic

    16,050 followers

    Core Lithium is pleased to announce impressive new lithium drill results from the Blackbeard prospect, located within our 100%-owned Mining Lease at the Finniss Lithium Project. Situated only 20km from our Grants processing facility, these results mark a step forward in defining high-grade lithium mineralisation within close proximity to our existing infrastructure.   The recent drilling highlights include an intercept of 63m at 1.67% Li₂O from 166m, with a notable 20m at 2.09% Li₂O from 208m. These builds on strong historical results at Blackbeard, such as 41m at 1.63% Li₂O and 59m at 1.54% Li₂O, showcasing the area’s lithium potential.   With lithium mineralisation now confirmed over a 600m strike that includes the adjacent Centurion prospect, Blackbeard presents a clear opportunity to contribute to the Finniss Project's resource base. The mineralisation is contained entirely within Core’s mining lease, ensuring strategic alignment with our exploration goals for the 2024 field season. Our focus this year has been on testing large-scale pegmatite targets to support cost-effective production, and Blackbeard’s mineralisation, which is up to 45 metres wide and open at depth, is proving promising in this respect.   Paul Brown, our CEO, commented: “The results from Blackbeard are highly encouraging and indicate we have discovered a large, highly mineralised pegmatite within a short distance of our processing infrastructure, consistent with the key objective of our 2024 field season. Blackbeard is up to 45 metres wide and open at depth. Further drilling will be completed to determine the ultimate scale of the system. This will support a future Mineral Resource Estimate and have potential to be incorporated into our ongoing restart studies.”   Read the full announcement here: https://bit.ly/40FfaRr   #CoreLithium #CXO #ASX #Lithium

  • View organization page for Core Lithium, graphic

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    𝗖𝗼𝗿𝗲 𝗟𝗶𝘁𝗵𝗶𝘂𝗺 𝗔𝗽𝗽𝗼𝗶𝗻𝘁𝘀 𝗔𝗹𝗶𝗰𝗶𝗮 𝗦𝗵𝗲𝗿𝘄𝗼𝗼𝗱 𝗮𝘀 𝗡𝗼𝗻-𝗘𝘅𝗲𝗰𝘂𝘁𝗶𝘃𝗲 𝗗𝗶𝗿𝗲𝗰𝘁𝗼𝗿   We are pleased to announce the appointment of Ms. Alicia Sherwood as a Non-Executive Director, effective 1 December 2024.   With over 25 years of experience across the private, public and not-for-profit sectors, Alicia brings extensive expertise in stakeholder engagement, governance and strategic leadership. Known for building strong partnerships among businesses, governments, and Indigenous organisations, she is committed to delivering sustainable outcomes.   Alicia’s previous roles include General Manager, Communities and Social Performance for Rio Tinto’s Aluminium Pacific Operations, where she led a comprehensive CSP strategy across Australia and New Zealand, excelling in cultural heritage management and regional development. Her recent tenure as General Manager of Core's Finniss Lithium Mine has given her valuable insight into Core’s operations and the regulatory environment in the Northern Territory.   Our Chairman, Greg English commented: “We are delighted to welcome Alicia to the Board. Alicia’s knowledge of Core’s mining activities and her deep expertise in ESG, coupled with her strong relationships within the Northern Territory and extensive experience in managing stakeholder relationships, will be invaluable as we continue to focus on sustainable growth and governance excellence.   “Alicia’s appointment strengthens Core’s ongoing commitment to mining in the Northern Territory while also aligning with best corporate governance practices.”   Welcome, Alicia!   Paul Brown   #CoreLithium #CXO #ASX #Lithium

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  • View organization page for Core Lithium, graphic

    16,050 followers

    We invite our valued shareholders to explore Core Lithium’s September 2024 Quarterly Report Update, which outlines our significant achievements over the past quarter and provides insights into our ongoing strategic initiatives.   Key Highlights: 🔹Strong Financial Position: Core maintains a solid balance sheet with a cash balance of $61.3M and no debt, providing financial stability as we advance key projects. 🔹Ore Reserves Growth: A substantial 223% increase in the BP33 Ore Reserve, now standing at 8.7Mt @ 1.38% Li₂O, strengthening the foundation of our restart strategy. 🔹Exploration Success: Continued positive results from lithium and gold drilling at Shoobridge, including high-grade gold assays of up to 19.76g/t Au and promising lithium intersections. 🔹Restart Study Progress: Our restart studies remain on track for completion in FY25, focusing on optimising operational efficiency, sustainability and cost management.   Read the full Quarterly Report Update and stay informed about Core Lithium’s next steps: https://bit.ly/40gLnhp   We thank you for your continued support and look forward to sharing further progress in the months ahead.   Paul Brown   #CoreLithium #CXO #ASX #Lithium #QuarterlyReport #FinnissProject #ShareholderUpdate

  • View organization page for Core Lithium, graphic

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    Core Lithium is pleased to release its September 2024 Quarterly Activities Report, highlighting significant progress across key areas of the business.   One of the main achievements for the quarter was the expansion of the BP33 Ore Reserve, which now stands at 8.7Mt at 1.38% Li₂O. This provides a solid foundation for ongoing restart studies, which are on track for completion in the second half of FY25. With the Finniss Project maintained in a state of operational readiness, the newly appointed Chief Operating Officer will oversee these critical efforts.   The quarter also saw positive exploration results at the Shoobridge project. Notably, shallow high-grade gold mineralisation was intersected over a 1km strike length, with results including 2m at 12.9g/t Au from 54m at Mount Shoobridge. Additionally, lithium mineralisation was confirmed at Barretts, with grades of up to 1.41% Li₂O, further underscoring the project’s multi-commodity potential.   Core remains well-funded, with a cash balance of $61.3 million at the end of September. This strong financial position comes after settling one-off payments related to the temporary suspension of operations at Finniss, as well as royalty and exploration expenses.   Read the full September Quarterly Report here: https://bit.ly/4fh3kkw   Paul Brown   #CoreLithium #CXO #ASX #Lithium #QuarterlyReport #FinnissProject  

  • View organization page for Core Lithium, graphic

    16,050 followers

    𝗖𝗼𝗿𝗲 𝗟𝗶𝘁𝗵𝗶𝘂𝗺 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝗤𝘂𝗮𝗿𝘁𝗲𝗿𝗹𝘆 𝗥𝗲𝗽𝗼𝗿𝘁 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗖𝗮𝗹𝗹 𝗮𝗻𝗱 𝗪𝗲𝗯𝗰𝗮𝘀𝘁   Core Lithium will release its September 2024 Quarterly Activities Report on Thursday, 24 October 2024. We invite stakeholders to join our Investor Webcast and Call at 11:00am (AWST) for insights into our performance and developments.   Participation Options:   🔗 Webcast for Retail Shareholders and Investors  To participate, please register here: https://bit.ly/48fft74   🔗 Teleconference for Professional Investors and Media  Register for the Q&A session here: https://lnkd.in/gmvwDbcc   The presentation will be available for viewing or download on our website on 24 October. A recording of the webcast will also be accessible on our website after the event.   We appreciate your continued support.   #CoreLithium #CXO #ASX #Lithium #InvestorRelations #QuarterlyResults

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  • View organization page for Core Lithium, graphic

    16,050 followers

    𝗚𝗼𝗹𝗱 𝗵𝗶𝘁𝘀 𝗰𝗼𝗻𝘁𝗶𝗻𝘂𝗲 𝗮𝘀 𝗱𝗿𝗶𝗹𝗹𝗶𝗻𝗴 𝗿𝗲𝘀𝘂𝗺𝗲𝘀 𝗮𝘁 𝗦𝗵𝗼𝗼𝗯𝗿𝗶𝗱𝗴𝗲   We are pleased to share the latest high-grade gold assay results from our Shoobridge Project in the Northern Territory.   Highlights: ✅ 12m @ 2.93g/t Au from 56m, including 6m @ 5.12g/t Au (SBRC0026)  ✅ 4m @ 3.73g/t Au from 45m (SBRC0024)  ✅ High-grade assay of up to 19.76g/t Au (SBRC0026)   These results confirm shallow mineralisation, which remains open at depth and along strike, with only 1km of the 4.5km soil anomaly tested so far. Our 4,500m RC and diamond drilling program is now underway, with more updates to come.   Our CEO, Paul Brown commented, "Our exploration program at Shoobridge has delivered strong results, confirming the presence of shallow, highgrade gold mineralisation that remains open along strike. These early successes enhance the project’s prospectivity and provide a clear pathway for continued exploration. We have commenced a follow-up drill campaign targeting both depth extensions and new gold zones within the broader 4.5km mineralised trend. If results continue to be positive, along with the additional work underway at Shoobridge, we are on track to further expand and unlock the potential of the Mount Shoobridge asset, creating more value for Core Lithium shareholders.” Read the full announcement here: https://bit.ly/4hfVAAM   #CoreLithium #CXO #Gold #Shoobridge #ASX #Mining #NorthernTerritory 

  • View organization page for Core Lithium, graphic

    16,050 followers

    We invite our shareholders to read our Annual Report for 2024, where we provide valuable insights into the company’s journey over the past financial year. Despite the challenges posed by a sharp drop in lithium prices, Core Lithium has demonstrated resilience and a strong commitment to our long-term strategy. In January 2024, we made the tough but necessary decision to pause mining at our Finniss operation in order to safeguard the company’s future, while still maintaining a robust balance sheet with no debt at the end of FY24.   Looking ahead, our key goals for FY25 include progressing our restart studies for the Finniss operation, streamlining our business costs, and continuing to expand our resource base. Throughout these challenging times, Core has maintained a steadfast commitment to safety, sustainability, and strong collaboration with local stakeholders in the Northern Territory.   We invite all shareholders to read the full 2024 Annual Report to understand our performance over the past year and our vision for the future. Read the full report here: https://bit.ly/3XK2kyd   Paul Brown James Virgo Greg English   #CoreLithium #CXO #Lithium #ASX #Mining #NorthernTerritory #ShareholderUpdate 

  • View organization page for Core Lithium, graphic

    16,050 followers

    We are pleased to share a key update on the Finniss Lithium Project, with a 223% increase in the BP33 Ore Reserve to 8.7Mt @ 1.38% Li₂O, providing a foundation for our ongoing restart studies.    🔹 BP33 Update: The reserve growth at BP33 is integral to our future strategy, contributing to a projected 9.5-year operational life at the current 1Mtpa processing capacity. 🔹 Grants Open Pit Update: The Grants open pit has been reduced to 0.6Mt @ 1.40% Li₂O, reflecting mining depletion and operational adjustments.  🔹 Simpler and Sustainable: The 9.3Mt Ore Reserve is supported by our current focus on BP33 and Grants, supporting a simpler, lower-cost, and more sustainable platform for future growth.    Our CEO, Paul Brown, commented:  "The updated Ore Reserve for our lithium assets around Finniss in the Northern Territory represents the next step in the reset of our future operating strategy. This estimate reflects the changes in lithium market conditions since our last Ore Reserves update and is consolidated around the high-grade BP33 deposit. The Ore Reserve for BP33 has more than doubled, underpinning a projected life of over nine years at the currently installed processing capacity.   This new Ore Reserve supports our strategy for a simpler, lower-cost, and more sustainable operating platform for Core Lithium. Restart studies are progressing to develop the execution plan."   Read the full announcement here: https://bit.ly/4gCsI5y   #CoreLithium #CXO #Lithium #ASX #Mining #FinnissProject #Lithium #Mining #NorthernTerritory

  • View organization page for Core Lithium, graphic

    16,050 followers

    We’re pleased to share an update on the ongoing exploration activities at Core Lithium’s 100%-owned Shoobridge Project, located ~160km south of our Finniss lithium processing plant in the Northern Territory.   Key Highlights: 🔹Completion of a successful drilling program targeting both lithium and known gold deposits. - Significant gold mineralisation intersected, with a standout intercept of 2m @ 12.9g/t Au from 54m at Mount Shoobridge. 🔹Promising lithium mineralisation of up to 1.41% Li₂O at Barretts and tin of up to 3.52% SnO₂ at China Hill, reinforcing Shoobridge’s multi-commodity potential. 🔹Expanded drilling program planned, targeting a maiden gold JORC Mineral Resource Estimate, with more high-grade targets to explore. 🔹Final drill results expected later this month, alongside further ground-based targeting work.   Our CEO Paul Brown commented:  "Shoobridge is a prime example of the multi-commodity potential that exists across our Northern Territory exploration projects. Our exploration program will remain weighted towards lithium targets within trucking distance of our Finniss infrastructure. However, demonstrating the potential to find a high-grade gold deposit provides us with optionality in this strong gold price environment. Shoobridge is one of several areas that will be advanced in the current field season, with gold and lithium targets currently being tested closer to Finniss. We look forward to keeping shareholders updated on our progress in the weeks and months ahead."   Read the full announcement here: https://bit.ly/3XrVBbX   #CoreLithium #CXO #ShoobridgeProject #Lithium #ASX #Mining #BatteryMetals #NorthernTerritory

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