logo
powered-by-canningspurple
Navigation
logo powered-by-canningspurple
  • Insight
  • Companies
    • Artemis Resources
    • BLK Auto
    • BMG Resources
    • ChemX Materials
    • Core Lithium
    • Dreadnought
    • FBR
    • Finbar
    • Focus Minerals
    • Gold Road Resources
    • Hastings Technology Metals
    • Hyzon Motors
    • Inside Diggers and Dealers
    • Jupiter Mines
    • Lykos Metals
    • Mineral Resources
    • Northern Minerals
    • Northern Star
    • NRW Holdings
    • Paydirt
    • Rand Mining
    • Raven SR
    • Rox Resources
    • St George Mining
    • Sundance Resources
    • Tribune Mining
    • Vimy Resources
    • VRX Silica
  • Industries
    • Broking Firm
    • Clean energy
    • Copper
    • Gold
    • Insight
    • Iron ore
    • Lithium
    • Manganese
    • Mining Services
    • Nickel
    • Oil & Gas
    • Property
    • Rare Earths
    • Silica Sand
    • Technology
    • Uranium
    • Zinc
  • Video
  • About
  • Contact
  • Subscribe

Home / Clean energy / Core Lithium Battery Grade Lithium Hydroxide from Finniss Project

Core Lithium

  • ASX: CXO
    • Clean energy
    • Li

Core Lithium Battery Grade Lithium Hydroxide from Finniss Project

  • 6 April


Advanced Australian lithium developer, Core Lithium (ASX: CXO) today announced the production of battery grade lithium hydroxide monohydrate (LH) from spodumene mineral concentrate from the Finniss Lithium Project.


HIGHLIGHTS: 

  • Scoping level test work on Finniss Project spodumene mineral concentrate sample has produced ‘battery grade’ lithium hydroxide monohydrate (LH)

  • Core’s LH satisfied all impurity specifications of the commonly referenced battery grade specification from Livent1

  • Conversion to battery grade LH used the conventional ‘direct’ flowsheet

  • Excellent extraction and recovery of lithium to LH crystallisation steps (>95%)

  • Core believes Finniss lithium concentrate quality suitable for the high-end Lithium Battery, Renewable Energy and EV industries

  • Customer demand for Core’s high-quality concentrate and spodumene prices increasing rapidly – Core aiming to complete new offtake deals in due course

  • Core on-track to update Finniss Lithium Concentrate DFS ahead of FID Q3 2021

The scoping level test work program has demonstrated that the conventional ‘direct’ flowsheet can be applied to the processing of the mineral concentrate sample to produce battery grade lithium hydroxide monohydrate.

In light of the success of this program and the recently granted Federal Government Major Projects status, Core is now considering the obvious down-stream value potential given the Project’s synergies with the adjacent Middle-Arm industrial infrastructure near Darwin. As well as the alignment with Australia’s Modern Manufacturing strategy, and the rapid expansion of global lithium battery supply chains to meet the demands of the ever-increasing LIB, electric vehicle (EV) and renewable energy markets.

Demonstration of the production of battery grade LH in this program provides Core and its customers confidence in the value of the Finniss Project, its importance to Australia’s northern regional economy, and strengthening Australia’s position further downstream in the global lithium battery supply chain.

Core remains focussed on completing the Finniss Lithium Project concentrate DFS and finalising current live off-take negotiations ahead of reaching a Final Investment Decision (FID) in Q3 2021.

View full announcement

Fraser Beattie

  • Contact

Share

  • LinkedIn
  • Twitter
  • Facebook

Most Read

  • 1 November

Nickel, cobalt anomalies at Sockovac; large new gold, copper anomalies at Sinjakovo

  • ASX:LYK
    • Ni
    • Cu
  • 28 September

Core Lithium – Primero Group Awarded EPC Contract for Finniss DMS Plant

  • ASX: CXO
    • Li
    • Clean energy
  • 21 June

Core Lithium provides development update for the Finniss lithium project, NT

  • ASX: CXO
    • Li

Related

  • Insight
  • 8 August

Diggers & Dealers talk done, now here are some stocks to watch

    • II
    • Broking Firm
  • 5 August

Core appoints new CEO

  • ASX: CXO
    • Li
    • Clean energy
  • Insight
  • 4 August

Upbeat end as diggers, dealers head into interesting times

    • II
    • Broking Firm
  • Insight
  • 3 August

An ‘r’ makes all the golden difference and from pit to Super Underground

    • II
    • Broking Firm

NEWSLETTER

Get news, as it happens

Sign up to receive our weekly roundup, and releases of interest, as they happen.

  • This field is for validation purposes and should be left unchanged.
logo

Investor Insight, powered by Cannings Purple, delivers the stories that matter to the people who matter – across your preferred communications platform.

From breaking news to analysis, opportunities and thought leadership, Investor Insight is your window into some of Australia’s most exciting listed and non-listed companies.

  • Insight
  • Companies
    • Artemis Resources
    • BLK Auto
    • BMG Resources
    • ChemX Materials
    • Core Lithium
    • Dreadnought
    • FBR
    • Finbar
    • Focus Minerals
    • Gold Road Resources
    • Hastings Technology Metals
    • Hyzon Motors
    • Inside Diggers and Dealers
    • Jupiter Mines
    • Lykos Metals
    • Mineral Resources
    • Northern Minerals
    • Northern Star
    • NRW Holdings
    • Paydirt
    • Rand Mining
    • Raven SR
    • Rox Resources
    • St George Mining
    • Sundance Resources
    • Tribune Mining
    • Vimy Resources
    • VRX Silica
  • Industries
    • Broking Firm
    • Clean energy
    • Copper
    • Gold
    • Insight
    • Iron ore
    • Lithium
    • Manganese
    • Mining Services
    • Nickel
    • Oil & Gas
    • Property
    • Rare Earths
    • Silica Sand
    • Technology
    • Uranium
    • Zinc
  • Video
powered-by-canningspurple
  • About
  • Contact
  • Subscribe
  • Cannings Purple
  • Privacy Policy
  • Disclaimer

Copyright 2022 Cannings Purple