• Transformation of Core into a sustainable, low cost supplier of high-quality spodumene concentrate
• Pathway to a lower cost, more resilient operation delivering Free Cash Flow of $1.2 billion
• Significant operating cost reductions with mining costs down 40% and processing costs down 33%

The Finniss Lithium Project is favorably located to access infrastructure and key export growth markets, with a long life, low cost and expandable asset in a Tier 1 jurisdiction. The Restart Study confirms the project's potential, with significant operating cost reductions, increased production efficiency, and an updated Ore Reserve supporting a 20-year mine life. All mining will move underground, leveraging the high-grade, continuous, and steeply dipping deposits that are well-suited to low-cost, highly productive long-hole open stoping. The processing plant will be optimized to deliver global recoveries of 78% and a nameplate production of ~205ktpa of spodumene concentrate. The project benefits from established infrastructure, a supportive government, and a commitment to local employment and sustainability. The study outlines a pathway to transform Core Lithium into a sustainable, low-cost supplier of high-quality spodumene concentrate for decades to come.

The Restart Study outlines a potential 20-year mine life with a nameplate production of ~205ktpa of spodumene concentrate. The study is supported by an updated Ore Reserve of 10.73Mt @ 1.29% Li2O, with the first 10 years of operations 94% Ore Reserve backed.

The Finniss Lithium Project is well-positioned to capitalize on the growing global demand for lithium, with its favorable location, low-cost operations, and potential for future expansion. The company is focused on transforming Core Lithium into a sustainable, long-term supplier of high-quality spodumene concentrate.