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Lithium Related Media Articles, page-20891

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    From the Westfarmers briefing today, the same that produced the news posted by JJP400:

    Lithium: Result includes WesCEF’s 50% investment in the Covalent lithium project

    – Mt Holland concentrator was successfully commissioned during the half, and operations recently entered ramp-up phase, with first quality spodumeneconcentrate product available for sale in 1H CY24
    – Offtake arrangements have been agreed with tier-one Auto and Battery customers for sale of interim spodumene concentrate
    – Progress continues at the Kwinana refinery, with construction approximately 65 per cent complete as at the end of 1H24
    – WesCEF’s share of capital expenditure for the development of the project was $164m 3 for the half, taking project expenditure since FID to $892m 3
    – Executed farm-in agreement with Ora Banda Mining for 65 per cent of the Davyhurst tenement package 4 , whereby WesCEF will target lithium andcritical mineral exploration, with the option to increase ownership up to 80 per cent by undertaking exploration in the next three years
 
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