Core Lithium Ltd
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Paul Brown
- Full Time Employees
- 7
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 186 St Georges Terrace Perth WA Australia 6000
- IPO Date
- Feb 11, 2011
- Website
- coreexploration.com.au
- Similar Companies
- Business
- Core Lithium Ltd (ASX: CXO) is an Australian lithium mining company that owns and operates the Finniss Lithium Operation, a hard-rock lithium project located on the Cox Peninsula, 88km southwest of Darwin Port in the Northern Territory; the operation features a 1 million tonne per annum dense media separation processing plant producing spodumene concentrate averaging 4.8% Li2O and lithium fines at 1.3% Li2O, with demonstrated recovery rates up to 65%; additional exploration assets include Shoobridge, Anningie-Barrow Creek, Napperby, and projects in South Australia targeting lithium, gold, uranium, base metals, and rare earth elements. Founded in 2010 and headquartered in Perth, Western Australia, the company holds over 500km² in the Bynoe Pegmatite Field and focuses on supplying ethically sourced critical minerals for the global energy transition, primarily serving Asian markets via Darwin's logistics chain. In response to lithium price declines, Core suspended mining at the Grants open pit in January 2024 and processing in mid-2024, placing the operation on care and maintenance while advancing a comprehensive restart study due for completion in the first half of calendar 2025, which incorporates cost reductions, process optimizations, updated mine planning for underground operations at BP33 and Carlton deposits, and a 42% increase in total Finniss Ore Reserves to 15.2 million tonnes at 1.26% Li2O; the company terminated all remaining offtake agreements with partners including Ganfeng Lithium and Sichuan Yahua during the September 2025 quarter, freeing 100% of future spodumene production for spot sales or new partnerships, and received $20.8 million from a Tranche 2 placement post-quarter. Finniss Global Mineral Resources stand at 48.2Mt at 1.26% Li2O following a 58% increase from FY24 exploration drilling, with BP33 upgraded to 10.5Mt at 1.53% Li2O supporting a potential 20-year mine life under restart scenarios; FY24 production totaled 95,020dmt spodumene concentrate and 66,140wmt lithium fines sold, with remaining inventory of 5,178wmt concentrate and up to 75,000wmt fines available. The company maintains a restart-ready state with $35.9 million cash at September 2025 quarter-end (pre-placement), no debt, and ongoing regional exploration to expand resources within trucking distance of the plant.
Company News
Core Lithium Ltd (CXOXF) Q1 2027 Earnings Call Prepared Remarks Transcript
Core Lithium Ltd (CXOXF) Q4 2026 Earnings Call Transcript
Core Lithium (OTCMKTS:CXOXF) Shares Up 22% – Here’s What Happened
Core Lithium approves Finniss FID with $300M+ funding package to restart operations
Lithium Miners News For The Month Of October 2024
Core Lithium CEO steps down, operations suspended
Lithium Miners News For The Month Of February 2024
Lithium Miners News For The Month Of December 2023
Lithium Miners News For The Month Of November 2023
Lithium Miners News For The Month Of October 2023
Lithium Miners News For The Month Of September 2023
Lithium Miners News For The Month Of August 2023
Core Lithium gets notice from Tesla over failed deal
Lithium miner Core Lithium raises A$120M for its Finniss project
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Lithium Miners News For The Month Of July 2023
Core Lithium says June quarter production below expectations due to 'inclement' weather
Lithium Miners News For The Month Of June 2023
Core Lithium Is Now Producing - But That Cap, That Cap
Core Lithium reports 62% increase in Finniss mineral resources