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About Core Lithium Ltd
ASX-listed Core Lithium Ltd (ASX: CXO) is targeting lithium production through the development of its highly prospective Finniss Lithium Project, located near Darwin in the Northern Territory in Australia.
In 2017, Core discovered and defined the Northern Territory’s first lithium resource, completed a robust mining study in respect of developing the Grants Deposit (a key component of the Finniss Project), applied for a Mineral Lease, and concluded maiden offtake and prepayment agreements with Chinese lithium producer Yahua.
Core’s achievements in 2017 formed a strong backbone for the Company to further enhance the prospectivity of the Finniss Project in 2018, with a Mineral Resource upgrade for the Grants Deposit and a maiden Mineral Resource estimate for the BP33 Deposit released to the market in the first-half of the year.