Core Lithium produced 49,529 tonnes (t) of spodumene concentrate during the first half of the 2023–24 financial year (H1 FY24), amid the global lithium downturn and the resignation of its chief executive officer (CEO).
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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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Core Lithium has released its first full-year financial results as a lithium producer, highlighting first spodumene concentrate produced and shipped from the Finniss operation in the Northern Territory.
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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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