ASX:CXOMetals and Mining
Why Core Lithium (ASX:CXO) Is Up 26.7% After Upgrading Finniss Ore Reserves and Cutting Costs
Core Lithium recently announced an updated reopening plan for the Finniss Project, deferring the transition to underground mining and cutting pre-production costs by A$35 million to A$45 million, while also increasing the ore reserve estimate for the Grants deposit by 33%.
This development enhances the project's appeal for funding partners and aligns with stronger global demand for battery-grade lithium, supported by recent strength in lithium prices.
We'll explore how the ore reserve...