Brief: Core Lithium Posts Quarterly Spodumene Production Of 14,685T

Core Lithium

24/07/2023 01:40

July 24 (Reuters) - Core Lithium Ltd  CXO.AX :
    * QUARTERLY SPODUMENE PRODUCTION OF 14,685T
    * GUIDANCE FOR FY24 IS FOR SPODUMENE SALES OF 90,000 TO
100,000
TONNES AND SPODUMENE PRODUCTION OF 80,000 TO 90,000 TONNES
    * SEES FY25 MONTHLY MINING AND PROCESSING RATES TO BE ABOVE
FY24
LEVELS
    * OVERALL PRODUCTION IN FY25 IS EXPECTED TO BE BELOW FY24
    * EXPANDED FY24 EXPLORATION BUDGET TO A$25 MILLION
    * WITH RESPECT TO OUTLOOK FOR FY25, CORE EXPECTS MONTHLY
MINING
AND PROCESSING RATES TO BE ABOVE FY24 LEVELS
    * SEES PROCESSING PLANT CAPACITY CONSTRAINTS RESULT IN A ROM
PAD
STOCKPILE BUILDING AT CONCLUSION OF FY25

Source text for Eikon:  ID:nASX5y764y 
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