Stock head excerpt: Josh Chiat 16/08/2023...

Stock  head excerpt:
Josh Chiat
16/08/2023
https://tinyurl.com/5n68t3hf


Ground Breakers: Lithium miner rattles the tin ….
Pic: FatCamera/E+ via Getty Images

• Core Lithium hitting the market for cash as ramp up challenges strike Finniss lithium project ……

There is no shortage of lithium companies facing ramp-up challenges at all ends of the market, from spodumene through to downstream chemicals.

It’s all served as a reminder to those expecting a flood of new lithium products to hit the market that suppliers always face challenges as they enter production, with recoveries rarely matching study expectations.

The latest new miner in the market, Core Lithium (ASX:CXO), entered a trading halt for a capital raising today, less than a year after raking in $100 million in fresh equity to support the completion of its Finniss lithium mine near Darwin.


There is no shortage of lithium companies facing ramp-up challenges at all ends of the market, from spodumene through to downstream chemicals.

It’s all served as a reminder to those expecting a flood of new lithium products to hit the market that suppliers always face challenges as they enter production, with recoveries rarely matching study expectations.

The latest new miner in the market, Core Lithium (ASX:CXO), entered a trading halt for a capital raising today, less than a year after raking in $100 million in fresh equity to support the completion of its Finniss lithium mine near Darwin.
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