Latest Bp33 News

Core Lithium has moved Finniss into the next phase of its restart, producing first spodumene concentrate and targeting an initial shipment in the December quarter. The company ended September with A$199.7 million in cash, while BP33 development and high-grade exploration continued in parallel.

Develop Global has issued its first full-year production, operating cost and capital guidance, pairing steady Woodlawn output with the planned start of Pioneer Dome lithium sales. The growth comes with a substantial A$411 million to A$458 million investment program, while Yitirrti remains a construction story until FY28.

Core Lithium has moved Finniss from care and maintenance back into active mining, with first spodumene concentrate produced after year end and a December-quarter shipment targeted. The restart leaves the company with A$181.8 million in cash, but also a substantial execution task ahead as Grants ramps up and BP33 is developed.

Core Lithium has produced its first spodumene concentrate from the recommissioned Finniss processing plant, reaching its September-quarter target within six months of the restart decision. The plant is not yet at steady-state production, with optimisation continuing ahead of a targeted first shipment in the December quarter.

Core Lithium has delivered high-grade lithium intersections at BP33, reinforcing the deposit's scale and underground mining potential with ongoing drilling set to expand resources further.

Develop Global (ASX:DVP) posted a record June quarter with Woodlawn copper-zinc production up 47%, supported by a US$400 million Trafigura financing deal that underpins its Sulphur Springs and Pioneer Dome projects.

Core Lithium has kicked off open pit mining at Grants and underground development at BP33, backed by strong cash reserves and strategic asset divestment plans.

Core Lithium has begun underground decline development at its BP33 deposit within the Finniss Lithium Project, alongside ongoing open pit mining at Grants, and successfully shipped its first lithium products via Darwin Port.

Core Lithium has secured a second sale of 25,000 tonnes of lithium fines from its Finniss stockpile to Glencore, adding to A$28.5 million in revenue for 2026 and supporting ongoing development at Finniss.

Core Lithium has kicked off mining at the Grants open pit within its Finniss Lithium Operation, aiming to process ore by September and ship spodumene concentrate by December. This milestone advances the company's production restart on schedule.

Core Lithium has secured a $274 million contract with Develop Global to advance underground mining at the BP33 deposit, a cornerstone of its Finniss Lithium Operation, aiming for first ore by mid-2027 and full production in 2028.

Develop Global has landed a substantial A$274 million underground mining contract at Core Lithium’s Finniss Project, marking a major shift from Bellevue Gold and boosting its lithium services portfolio.