Core Lithium Announces Second Sale of Lithium Fines
Key points
- Agreement with Glencore for 25kt of lithium fines at base price of ~US$270/t
- Sale follows initial 20kt fines sale in April 2026
- Additional cash generation supports Finniss restart and ongoing operations
Full summary
Core Lithium Ltd (ASX: CXO) has completed the sale of 25,000 tonnes of lithium fines from the Finniss Lithium Operation to Glencore International AG. The sale, following an initial 20kt sale in April 2026, is part of Core's strategy to monetize existing stockpiles and generate cash flow. The base price for the fines is approximately US$270 per tonne, reflecting current market conditions. The transaction is expected to close in June 2026, providing additional liquidity to support ongoing mining and development activities at Finniss.
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