CXO 4.17% 11.5¢ core lithium ltd

Ann: Mining Services Contract signed for Finniss Lithium Project, page-31

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  1. 1,522 Posts.
    lightbulb Created with Sketch. 845
    The positive developments are increasing our CXO value daily + even recalcitrant(s) are jumping on the carbon neutral bandwagon today:

    "Plans to build the world largest solar farm in the Northern Territory have been scaled up by as much as 40 per cent, with the estimated costs rising from $22 billion to $30 billion.

    Sun Cable also announced on Thursday it had received crucial approval from the Indonesian government to allow an undersea cable to run through its territorial waters to Singapore.

    The company said the solar farm, to be built near the NT highway town of Elliott, would now supply 17 to 20 gigawatts, up from the previous plan of 14 gigawatts.

    The storage system, described as the world's largest battery, has also been increased in size to 36-42 gigawatt hours, from an earlier goal of 30 gigawatt hours.

    NT Chief Minister Michael Gunner said the project will inject $8 billion into the Australian economy, with "most of it being spent right here in the Northern Territory"...

    "The original plan was to connect to the Darwin network in Middle Arm and then that would be the start of the submarine cable route to Singapore," Mr Griffin said.

    "However, there are a lot of competing interests in Darwin harbour."

    Mr Griffin said the Gunn Point site "has easier access to the sea and we can still access the Darwin grid to supply the 800 megawatts of capacity that we want to deliver to Darwin."

    Sun Cable is backed by billionaires Mike Cannon-Brookes and Andrew "Twiggy" Forrest..."

    Massive NT solar farm a step closer as Sun Cable dramatically increases its capacity (msn.com)

 
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