Construction Commences on Australias Newest Lithium Project
Filed with ASX · · 3 pages · English
Summary by 6ix AI
Core Lithium Ltd has announced the commencement of construction on the Finniss Lithium Project in the Northern Territory, marking it as Australia's newest lithium mine. The project is fully funded and aims to initiate lithium production within the year, following a recent Final Investment Decision. Construction activities are underway, with plans for the commissioning of the processing plant and first production of lithium concentrate scheduled for later in the year. The project is expected to create numerous jobs and is strategically positioned to benefit from high lithium prices.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
In the deck
Earlier from Core Lithium
- Quarterly Activities and Cashflow Report 30 September 2021
- Core Board Approves Finniss Lithium Project FID
- NWH: Primero Awarded Core Lithium - Finnis EPC Contract
- Primero Group Awarded EPC Contract for Finniss DMS Plant
- Mining Services Contract signed for Finniss Lithium Project
Later from Core Lithium
- Core Acquires six Highly Prospective MLs Adjacent Finniss
- Quarterly Activities and Cashflow Report 31 December 2021
- Broad High-grade Lithium Intersections extend BP33
- Acquisition of Prospective MLs adjacent Finniss Completed
- Core and Tesla execute Binding Term Sheet for Lithium supply
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