Tag: Core Lithium

AUSTRALIAN lithium developer, Core Lithium, has announced a world-class, high-grade lithium intersection of 107m at 1.70pc Li2O at the BP33 Prospect within its wholly owned Finniss Lithium Project, situated near Darwin in the Northern Territory. The discovery of the coarse spodumene crystals is an outstanding find and will add life to the Finnis project. Managing Director, Stephen Biggins, said the find of more than 100m of high-grade lithium mineralisation, located 25km from Australia’s closest port to Asia, highlighted the natural advantages the Finniss Project has regarding quality and cost. “We are confident in having the Finniss Project construction-ready in early 2020, so that we are well-positioned to be Australia’s next sustainable lithium producer as market conditions continue to improve,” he…

SOON-TO-BE producer Core Lithium has announced the strategic acquisition of the Walanbanba Lithium Project from Todd River Resources – adjacent to its existing Anningie and Barrow Creek (ABC) project in the Northern Territory. The ABC Lithium Project comprises large-scale lithium rich pegmatite fields and historic tin-tantalum mining districts with established “LCT” granite sources – similar to Core’s Finniss Lithium Project and various WA lithium pegmatite projects. Core’s managing director Stephen Biggins said the company is positioning itself, and the NT, to be an important long-term lithium supplier in Northern Australia. “Core’s recent discussions with a number of large lithium consumers at various levels within the electric vehicle and lithium battery supply chain suggest that world needs to heavily invest in…