Brief: Core Lithium Says Has Been Undertaking A Strategic Review Of Operations

Core Lithium

21/12/2023 23:32

Dec 22 (Reuters) - Core Lithium Ltd  CXO.AX :
    * HAS BEEN UNDERTAKING A STRATEGIC REVIEW OF OPERATIONS TO
ADDRESS
DETERIORATION IN LITHIUM MARKET CONDITIONS
    * CURRENT DECLINE IN SPODUMENE PRICE HAS CAUSED CO TO
INVESTIGATE
A RANGE OF OPTIONS TO LOWER COSTS AND INCREASE PRODUCTIVITY
    * BP33 EARLY WORKS HAVE BEEN SUSPENDED
    * COST REDUCTIONS AND PRODUCTIVITY IMPROVEMENTS BEING
TARGETED BY
CO ARE EXPECTED TO REDUCE EXPENDITURES, OPERATING COSTS

Source text for Eikon:  ID:nASX6ZyHyn 
Further company coverage:  CXO.AX 

 ((Reuters.Briefs@thomsonreuters.com;))