Australian lithium miner Core Lithium (ASX: CXO) toady reported that first Direct Shipping Ore (DSO) has been transported from the Finniss lithium mine in the Northern Territory to Darwin Port.
Crushing of the lithium ore commenced on Wednesday 9 November 2022, with first DSO trucked on 11 November. DSO will be trucked to Darwin Port over coming weeks. Loading of the first ship is scheduled for late November.
On 3 October, Core announced the completion of the first sale of a DSO product (1.4% Li2O) from Finniss. The 15,000dmt DSO sale was tendered on a CIF basis to several pre-screened participants active in the lithium-ion battery supply chain. Demand for the spodumene DSO material was strong, with the DSO cargo sold for US$951/dmt.
Core CEO Gareth Manderson said “The transportation of DSO today is another signification milestone for Finniss, and is a very positive step towards our objective to export from Darwin Port before the end of the year.