Core Lithium supplies high-grade spodumene concentrate, a key raw material processed into lithium hydroxide or lithium carbonate for lithium-ion battery cathodes. Its Finniss Lithium Operation employs sustainable mining practices to deliver materials for electric vehicles, energy storage systems, and consumer electronics.
High-grade spodumene concentrate produced at the Finniss Lithium Operation, suitable for conversion into battery-grade lithium hydroxide and lithium carbonate.
Finniss Lithium Operation achieved maiden profit in 2023 with $50.6 million revenue and $10.8 million net profit. Ongoing underground mining studies at the BP33 deposit with a final investment decision expected in 2024. Regional exploration programs at Anningie, Barrow Creek, and Shoobridge.
Major shareholders include Leendert Hoeksema (2.9%), State Street Global Advisors Australia Ltd (2.3%), FINCLEAR SERVICES PTY LTD, Netwealth Investments Ltd, Vanguard Total International Stock Index Fund, and Global X Lithium & Battery Tech ETF.
