Core boosted by last-minute lithium sales as company readies for cash-saving mode – MASHAHER

ISLAM GAMAL8 July 2024Last Update :
Core boosted by last-minute lithium sales as company readies for cash-saving mode – MASHAHER


Shares in retiring battery metals miner Core Lithium have got a welcome boost after output for 2024 exceeded guidance, as new chief executive Paul Brown shifts the company to cash preservation mode.

Core was up nearly 9.9 per cent for the day to 10¢ on the news it had beaten expectations by shipping 97,423 dry metric tonnes of spodumene concentrate from its Finniss mine in the Northern Territory, and had $87.6 million in the bank.

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