Latest Finniss 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.

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 finalised the sale of its remaining lithium fines stockpile at Finniss, locking in approximately A$38.5 million in incremental revenue for 2026 through a deal with Glencore.

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.

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.

Stelar Metals has revealed multiple rock chip assays exceeding 1% WO3 at its Hill of Leaders Project, marking a significant new tungsten discovery in the Northern Territory. The company is fast-tracking drilling to test the system's scale amid tightening global tungsten supply.

Charger Metals has completed the unconditional sale of its Bynoe Lithium Project to Core Lithium’s subsidiary for $3.75 million upfront, with further payments tied to resource milestones and a capped royalty. The deal frees capital for Charger’s Lake Johnston lithium exploration and development plans.

Charger Metals has expanded its Medcalf Lithium Inferred Mineral Resource Estimate by 34% to 10.6 million tonnes at 1.0% Li2O, with tantalum grades also impressively high. The adjacent Medcalf West target adds further upside as Charger refocuses on advancing Lake Johnston.

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.

Charger Metals has struck a deal to sell its Bynoe Lithium Project to Core Lithium’s subsidiary for up to $14.75 million, including upfront cash, a resource milestone payment, and a capped royalty. The sale lets Charger focus on its Lake Johnston lithium ambitions.

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.