CXO 10.0% 11.0¢ core lithium ltd

Ann: Trading Halt, page-113

  1. 1,849 Posts.
    lightbulb Created with Sketch. 88
    I have a feeling any new offtake is going to be with China I'm afraid.
    From the 121 Conf presentation, there is this line:

    https://www.weare121.com/121miningi...-Lithium-Investor-Presentation_compressed.pdf

    Binding offtake agreement Offtake and investment with some of China’s Largest Lithium Converters • One of China’s largest lithium producers and has significant expansion plans. 12,000tpa lithium hydroxide refinery and a 6,000tpa lithium carbonate refinery, plans to expand its production to 50,000tpa of lithium salt production. • The company is an A-share listed company on the Shenzhen-stock exchange in China, with a market capitalisation of CNY 7.92 billion (~A$1.65 billion). • Yahua is a major supplier of lithium salts in China. Yahua Group has long term stable relationships with a number of the large downstream customers of lithium batteries and has broad marketing and distribution channels including BYD, Zhenghua Materials, Dangsheng Tech, etc., and has cooperation relationship with LG Korea, GSEM, Panasonic. • Yahua Group already has significant business interests in Australia, including operations in Darwin, where it manufactures explosives. 16 Binding offtake for 75,000tpa of spodumene representing approx. 40% of Core’s 175,000tpa production capacity Core is also in the process of negotiating further offtake and finance agreements with some of Asia’s largest lithium consumers and producers.
 
watchlist Created with Sketch. Add CXO (ASX) to my watchlist
(20min delay)
Last
11.0¢
Change
0.010(10.0%)
Mkt cap ! $235.0M
Open High Low Value Volume
10.5¢ 11.5¢ 10.0¢ $3.029M 27.71M

Buyers (Bids)

No. Vol. Price($)
7 374502 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 3715512 56
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
CXO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.