News Articles for Core Lithium

The critical battery mineral – lithium - may be set for sustained higher pricing after a Chinese crackdown on illegal mining activity removed a chunk of supply from the market and triggered a price surge. The price touched its peak for this year of US$970 (A$1485) per tonne of the industry-standard 6 per cent spodumene concentrate, putting a welcome smile on the faces of lithium players.

A long-awaited restart study for Core's Finniss lithium camp lauds a 20-year mine life and major cost reductions.

In this week's edition of Bulls N' Bears Big Hits we examine some notable drill intercepts on the ASX including Astral Resources' 25m hit at 24.3g/t gold that contains 3m going a stellar 177 g/t gold. We also take a look at Core Lithium's results from its Shoobridge gold-lithium project in the NT and Arika Resources' Yundamindra project in WA.

Battery materials explorer Charger Metals has revealed a $6.5 million takeover offer from Core Lithium, a move the latter labelled “disappointing”.

Our weekly appointments wrap includes Paul Adams, Justin Whalley, Robert Taylor, Paul Fishlock, Peter Bryant and Paul Brown.

Core Lithium's search for a chief executive has ended, with the miner appointing Paul Brown, effective from June 4.

Trembling lithium producer Core Lithium's boss Gareth Manderson will step down as chief executive as the miner continues to grapple with deflated commodity prices.

Project scale-backs and mine closures have put jobs in the spotlight but the headline figures only tell part of the story.

Nadia Budihardjo with the latest on Core Lithium; the nurses' union pay deal, and a Collie project expansion.

Mark Beyer and Jack McGinn discuss BGC results; home building incentives; housing price hikes; Rio royalty payments; Harvest Road's loss; all the action in lithium; Satterley's LWP deal and Cottesloe preselection.

Core Lithium told the market on Friday it had decided to temporarily suspend mining operations in its Grants open pit.

Perth-based lithium miner Core Lithium's shares have taken a dive after the company announced it was considering temporarily curtailing mining operations.

Government-owned electricity network utility Western Power has expanded its board of directors by two, as it navigates the state's energy transition.

Core Lithium has recorded a $10.8 million profit on the back of its first fiscal year as a producer, as it gears up to lift production up to 90,000 tonnes in the 12 months ahead.

ASX-listed miner Core Lithium will relocate its head office to 2 Mill Street in Perth's CBD from South Australia.

Starting miner Core Lithium has sought investor support to the tune of $120 million as it grapples with growing pains at its flagship Finniss project in the Northern Territory.

Askari Metals has put the full stop on an extensive field work program after collecting 800 soil samples at its Red Peak project in Western Australia's Gascoyne region in its mission to test anomalous areas of lithium and rare earths. Management says the results of the program will help shape further exploration plans, including a maiden drill campaign.

Our weekly appointments wrap includes Ian Brunette, Tim Marney, Aaron Walker, Leith Ayres, Gaurav Chitnis, David Healy, David Prescott, Jason Craig, Mark Collins, Conley Manifis, Pierre Malan, Paul Benjamin and Nick Hunt.

Our board moves wrap includes Andrea Hall, Tim Lindley, Elle Farris, Robert Boston, George Karageorge, Ira Gibbs, Gary Flowers, and Lynn Mickleburgh.

Shares in lithium project developer Liontown Resources have jumped nearly 70 per cent after it disclosed US company Albemarle Corporation had submitted three takeover proposals.

Our weekly appointments wrap includes Chrissie Maus, Vlad Mrdak, Fiona Seaward, John Ivulich, Patrick Creaghan, John Ivulich, John Finlay-Jones, Rebekah Puls, Cameron Belyea, Nick Cooper, Doug Warden, Marie Van Blommestein, Reagan Manns, Rhys Edwards, Michael Schaper and Lanie Chopping.

Perth-based NRW Holdings has reported strong growth in revenue and underlying earnings but suffered a fall in net profit after accounting for impairments linked to gold miner Gascoyne Resources.

Our weekly appointments wrap includes Adam Bick, Jacob Deysel, Ben Macpherson, Nick Burns, Melanie Leighton, Matthew Carr, Andrew Forman, Melissa Winks, Ian Wells, Stephen Neale and Kate Casellas.

Adelaide-based Core Lithium is relocating its head office to Perth, citing the location's large talent pool and access to mining services providers as reasons for the move.

Core Lithium has cut the ribbon on its new lithium mine in the Northern Territory, with NRW Holdings subsidiary Primero Group contracted to oversee operations and maintenance.

Core Lithium has kicked off a $100 million share placement to advance exploration and construction efforts at the Finniss lithium project in the Northern Territory.

Battery metal explorer Askari Metals has completed another round of field mapping and sampling at the company's Barrow Creek lithium project located in the NT's Arunta pegmatite province. The field program was designed to identify and sample outcropping pegmatites in the previously unexplored south-central portion of the project.

Askari Metals has embarked on another round of field mapping and sampling at the company's Barrow Creek lithium project located in the NT's Arunta pegmatite province. The field program is designed to identify and sample outcropping pegmatites in the previously unexplored south-central portion of the project. Previous phases of exploration across the area identified fertile pegmatites with lithium oxide values of up to 817 ppm.

Iluka Resources plans to proceed with construction of Australia's first fully-integrated rare earths refinery at Eneabba, with the federal government to provide most of the funding.

ASX-listed Askari Metals has completed the second phase of on-ground exploration at the Barrow Creek lithium project in the Northern Territory's highly prospective Arunta pegmatite province. The work was designed to systematically explore outcropping lithium-caesium-tantalum type pegmatites where initial reconnaissance sampling had confirmed the presence of lithium mineralisation identifying up to 817 parts per million lithium oxide.

NRW Holdings' Primero Group has been contracted to build a lithium processing plant in the Northern Territory and a vanadium electrolyte manufacturing facility in Western Australia.

Emerging producer Core Lithium has secured $125 million from share placements and hopes to raise a further $15 million to progress its Finnis project in the Northern Territory.

Eight businesses including Lynas Rare Earths, Albemarle Corporation and Australian Vanadium have secured nearly $50 million in federal government manufacturing grants.

Rox Resources, Kingston Resources and Core Lithium have received commitments to raise a combined $20.6 million under share placements, with part of the proceeds to go towards the companies' gold and lithium projects.

Heath Hellewell is set to join the board of Duketon Mining as an independent non-executive director, subject to shareholder election at the company's general meeting on November.

Heath Hellewell has joined the board of South Australia-based Core Exploration as an independent non-executive director.