Core Lithium (ASX: CXO) — Company Overview, News & Financial Data
Core Lithium is a lithium exploration and development company centered on the Finniss Lithium Project in Australia's Northern Territory.
Core Lithium
Core Lithium is a mineral exploration and development company focused on the extraction and processing of lithium resources to support global energy transition markets. The company's primary asset is situated near Darwin in the Northern Territory of Australia, encompassing open-pit and underground pegmatite deposits alongside dense media separation processing infrastructure. In addition to lithium production and direct shipping ore operations, the business maintains active exploration programs targeting hard-rock pegmatite extensions, as well as gold, uranium, and base metal deposits across northern Australian mineral belts. Its products are transported via nearby port facilities for export to international customers.
Snapshot
Operations
Products and/or services of Core Lithium
- Spodumene Concentrate Production: Commercial-grade lithium concentrate produced from open-pit mining operations at hard-rock pegmatite deposits located in the Northern Territory of Australia. The processed mineral product serves as essential feedstock for global battery manufacturing and energy storage markets.
- Direct Shipping Ore Sales: Extraction and export of unprocessed lithium direct shipping ore from near-surface pegmatite deposits to international markets. This operation generates early commercial revenues and shipping volume prior to full-scale beneficiation plant operations.
- Lithium Processing Operations: Operation of a dense media separation processing facility designed to process high-grade lithium pegmatite ore into export-quality concentrate. The plant utilizes crushing, screening, and heavy liquid separation technology to produce concentrated lithium minerals.
- Hard-Rock Lithium Exploration: Systematic exploration and resource extension drilling across extensive regional tenement packages in the Northern Territory. The programs aim to identify new lithium-bearing pegmatite dykes and increase overall mineral resource and ore reserve estimates.
- Gold and Base Metals Exploration: Geoscientific assessment and target drilling across prospective exploration licences prospective for gold, uranium, copper, lead, and zinc. These exploration activities diversify resource exposure across strategic mineral belts in Northern Australia.
- Port and Logistics Management: Management of integrated road haulage, port storage, and bulk ship-loading infrastructure at commercial export facilities in Darwin. The logistics network supports efficient export shipping of bulk mineral products to overseas downstream customers.
Core Lithium executive team
- Paul BrownCEO, MD & Director
- James VirgoChief Financial Officer
- Liam FranklynChief Operating Officer
- Emma CoulthardChief People Officer
- Jaroslaw Krzysztof KopiasCompany Secretary
Latest news about Core Lithium
Core Lithium output hits 1.2 million tonnes
AustraliaCore Lithium sells stockpile for $38.5M
AustraliaCharger Metals to sell Bynoe Lithium Project for $14.8M
AustraliaCharger Metals sells Bynoe Lithium Project for $14.8M
AustraliaCore Lithium finalises second Glencore fines sale
AustraliaCore Lithium recommences mining at Finniss operation
Australia
Recent announcements
What Core Lithium (CXO) has told the market, newest first.
- September Quarterly Report and Webcast
- Core Lithium 2026 Annual General Meeting
- Becoming a substantial holder
- BP33 Underground Portal Commencement and First ShipmentPrice sensitive
- Exploration Program Commenced and Bynoe Tenement Acquired
Dividend history
Dividends per share paid by Core Lithium, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2018 | — | — | — | A$0.0016 |
Key financials
Reported results for Core Lithium, in AUD.
- Market cap
- 663.5M
- Revenue (TTM)
- 17.8M
- P/E ratio
- —
- EPS (diluted, TTM)
- -0.0
- Dividend yield
- —
- Profit margin
- -145.5%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 17.8M | -32.8M | -26M | |
| -2.4M | -36M | -23.4M | |
| 189.5M | -70.9M | -207M | |
| 50.6M | 16.4M | 10.8M |