Core Lithium Ltd (ASX:CXO)
Core Lithium Ltd (ASX:CXO) is developing one of Australia's most efficient spodumene lithium projects.
The Finniss Lithium Project, located near Darwin in the Northern Territory, has excellent supporting infrastructure and is within 25km of port, power station, gas, rail and 1 hour by sealed road to workforce accommodated in Darwin and importantly to Darwin Port - Australia's nearest port to Asia.
Cores 2019 Definitive Feasibility Study highlighted production of 175,000 tpa of high-quality lithium concentrate through simple and efficient DMS (gravity) processing of some of Australia's highest-grade lithium Mineral Resources.
Core has already established binding offtake and is in the process of negotiating further agreements within the lithium battery supply chain and electric vehicle industry.