Emerging Lithium producer Core Lithium (ASX: CXO) is pleased to release the following presentation, entitled “Australia’s Next Lithium Producer”, which is to be given by managing director Stephen Biggins at the Paydirt 2021 Battery Minerals Conference in Perth.
HIGHLIGHTS
- Australia’s most advanced new Lithium Project, only 25km from port.
- Construction-ready with Government approvals in place.
- Stage 1 FID Q3 2021, Construction start Q4 2021, Production start 2H 2022.
- Binding offtake with Yahua to potentially be part of Tesla’s Supply Chain.
- Rapidly advancing additional Offtake and Project Finance.
- A$85-90M capex producing 180-190,000tpa (A$180,000,000pa @ current price).
- New acquisition with 10Mt-16Mt ETR to double Resource and LOM.
- Stage 2 Resource expansion drilling and exploration underway ✓ Well-funded +$40M cash.