
Finniss lithium reserves get 42% boost
Finniss lithium reserves get 42% boost Core Lithium (ASX: CXO) has revised the ore reserve at its Finniss lithium mine in the Northern Territory to 15.2mt at 1.26% lithium oxide. Operations at the project were previously suspended in 2024 due to the global lithium price slump caused by oversupply of the mineral. The project is now advancing towards a low-cost underground operation with a 20 year mine life, supported by the findings of a restart study. There have been firm commitments for a $50m (before costs) placement and an additional $4.3m raised through a share purchase plan (SPP) to accelerate the Finniss development....









