Quarterly Activities and Cashflow Report 30 June 2020
Filed with ASX · · 25 pages · English
Summary by 6ix AI
The report highlights a substantial increase in the lithium resource estimate and ore reserves, which has effectively doubled the project's life. Additionally, Core secured its first European offtake agreement and received key government approvals for the project, positioning it for future construction and production. The company also raised funds through a placement and share purchase plan to support ongoing work at the Finniss Lithium Project.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Core Lithium
- Additional gold prospects identified at Adelaide River
- Core Lithium joins European Battery Alliance
- Multiple rock-chips above 100g/t Gold at Adelaide River
- Final payment to LTR of $1.5m cash for Bynoe Acquisition
- EIA at Grants Extended to 7 Years
Later from Core Lithium
- NT Government offers $5m concessional Finance Facility
- New Offtake Agreement and At-Market Placement
- Finniss Lithium Project Update
- Core Lithium considers sale of non-core silver assets
- New Gold Prospects Identified at Bynoe Gold Project
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