Core Unlocks More Value From Finniss Stockpiles - Mining Magazine Australia

Core Lithium Announces Second Sale of Lithium Fines

Mining activities underway at the Grants open pit. (Photo: Core Lithium) Core Lithium Ltd. entered a binding sale and purchase agreement with Glencore International AG for the sale of 25,000 metric tons (mt) of lithium fines from the Finniss lithium operation. The transaction represents the second sale from the Finniss lithium fines stockpile, following Core’s April 2026 announcement of an initial sale to Glencore. The company said that the sale…

Core unlocks more value from Finniss stockpiles - Mining Magazine Australia

Image: Henri Koskinen/stock.adobe.comCore Lithium has secured a second agreement with Glencore to sell lithium fines from stockpiled material at Finniss, generating additional cash as the company advances plans to restart the Northern Territory operation. “This second sale of lithium fines further strengthens Core’s liquidity position as we ramp up operations at Finniss,” Core Lithium managing director Paul Brown said. “During 2026 we have gener…

Core Lithium Falls 6% Despite Second Glencore Deal- Buy or Wait?

KEY POINTS Core Lithium (ASX: CXO) shares fell about 6% to A$0.24, even though the company landed a second cash-raising deal with Glencore. The drop looks more like a soft day for lithium stocks than a reaction to the news, which was mildly positive. Its stockpile sales have now raised about A$28.5 million in 2026, on top of an already-funded mine restart. In our view, the deal is good housekeeping. The real thing to watch is whether the Finnis…