Australia's Core Lithium rises on offtake and fines shipments

Core Lithium

24/08/2023 05:00

** Shares of Core Lithium  CXO.AX  rise as much as 7.32% to 
A$0.4275, highest since Aug 18
    ** Co announces first offtake and fines shipments
    ** Says third spodumene concentrate shipment of 10,000t and
first into long-term offtake agreements ready for export
    ** Balance of fines shipment to be transported to port in
next few days - CXO 
    ** Co says completed negotiations for the sale of an initial
parcel of fines from its Finniss operations
    ** Stock down 60% this year, as of last close 
    
    

 (Reporting by Aishwarya Nair in Bengaluru)
 ((Aishwarya.Nair@thomsonreuters.com; +91-9167838937 Twitter: https://twitter.com/Aishwaryartrs
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