Grants Open Pit Mining To Commence

Commenting on the contract award, Core's Managing Director Paul Brown said:

“The award of the Grants open pit mining contract marks a key step in the restart of the Finniss Lithium Operation and clearly demonstrates our shift from planning to execution.

“Grants provides a low risk, near term source of ore using existing infrastructure, enabling a rapid and capital efficient pathway back into production. With mobilisation commencing immediately, this contract underpins our restart schedule and near term cash generation objectives.

“With Final Investment Decision approval and funding now in place, our focus is firmly on delivery. This contract positions Finniss to deliver the first spodumene concentrate in the December quarter.

“We are making strong progress across the balance of our restart workstreams, and we expect to finalise additional key contracts in the near-term as we bring Finniss back into production.”

Read the full ASX announcement