The total ore reserve for Core Lithium’s BP33 lithium project has increased by 223 per cent, providing a strong footing for the project’s restart.
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Core Lithium has started drilling at its Finniss lithium project in the Northern Territory, with a focus on expanding the project through the discovery of new resources.
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Core Lithium has closed out the June 2024 quarter with its run of mine (ROM) stockpile fully depleted and all processing activities completed in line with expectations.
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Core Lithium has begun drilling at its 100 per cent owned Shoobridge project in the Northern Territory, the first company to explore and drill for lithium in the area.
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Core Lithium welcomed a 39 per cent increase in spodumene concentrate production for the final quarter of 2023 as it prepares its BP33 and Grants projects in the Northern Territory for shutdown.
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Core Lithium has temporarily suspended mining operations at the Grants open pit – the starter operation at the Finniss lithium operation in the Northern Territory.
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Following Core Lithium announcing the suspension of BP33 early works, Northern Territory Chief Minister Eva Lawler said she remains confident in lithium and the future of the BP33 mine.
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Core Lithium’s spodumene concentrate production rounded up to 20,692 tonnes (t) during the September 2023 quarter, with a recovery rate of 50 per cent.
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The first 10,000 tonne (t) spodumene concentrate from Core Lithium’s Finniss lithium project has been loaded at Clearwater Bay for delivery to Ganfeng Lithium, China’s largest lithium producer.
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A third 10,000-tonne parcel of lithium spodumene concentrate from Core Lithium’s Finniss lithium project is now ready to be shipped to Ganfeng Lithium, China’s largest lithium producer.
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Core Lithium has awarded the $45 million BP33 early works package to Northern Australia Civil (NAC), a civil construction company local to the Northern Territory.
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