Advanced lithium developer, ASX-listed Core Lithium Ltd (ASX:CXO) is at the front of the line of new global lithium production with recent approvals from the NT Government to develop one of the most capital efficient and cost competitive lithium projects in Australia.
The Finniss Lithium Project is within 25km of port, power station, gas, rail and one hour by sealed road to workforce accommodated in the capital city of Darwin and importantly to Darwin Port – Australia’s nearest port to Asia.
Core has recently signed its first European Offtake MOU for 50,000tpa in addition to binding offtake for 75,000tpa with one of China’s largest lithium producers Szechuan Yahua ahead of construction in 2021.