Key points
- First spodumene concentrate produced at Finniss plant
- Plant commissioning and optimization ongoing
- Production achieved on schedule within six months of FID
- First shipment targeted for December Quarter 2026
Full summary
Core Lithium Ltd (ASX: CXO) announced the production of the first spodumene concentrate at its Finniss processing plant, signifying a significant milestone in the staged restart of the Finniss Lithium Operation. This achievement follows the recommencement of mining activities at Grants Open Pit and the recommissioning of the crushing circuit. The plant upgrades aim to enhance mineral liberation and recoveries, increasing throughput capacity by 20% to 1.2 Mt per annum. The company continues to target its first shipment of the newly produced concentrate during the December Quarter 2026.
Guidance
First shipment of spodumene concentrate targeted for December Quarter 2026
Outlook
Core Lithium remains focused on the safe execution of mining and processing operations, commissioning and optimizing the processing plant, and developing the BP33 underground mine.