https://www.engineeringnews.co.za
Core Lithium|Australia|Finniss|Lithium|Spodumene|Paul Brown|Northern Territory
|||||
core-lithium|australia|finniss|lithium|spodumene|paul-brown|northern-territory

Core Lithium restarts Finniss mine after two-year hiatus

Core Lithium's Finniss mine

Core Lithium's Finniss mine

20th May 2026

By: Marleny Arnoldi

Online News Editor

     

Font size: - +

ASX-listed Core Lithium has started mining in the Grants openpit as part of the Finniss lithium operation’s restart in Australia’s Northern Territory.

This marks the restart of mining activity, including blasting and excavation, at Finniss since the mine was placed on care and maintenance in 2024 following a lithium price downturn in 2023.

The company executed a A$290-million funding package to resume operations, targeting first spodumene concentrate production in the fourth quarter of the year.

The Grants openpit provides a near-term source of ore feed for the Finniss processing plant as underground development at the BP33 area is progressing on schedule.

The Grants pit provides access to about 784 000 t of ore and is expected to deliver about 134 000 t of spodumene concentrate (SC5) product.

“In less than three months since a financial investment decision, we have secured funding, awarded key mining contracts and transitioned to active mining, which demonstrates disciplined execution. Grants provides a low-risk, near-term ore source to underpin early production and cashflow, while BP33 continues to progress as the long-term foundation of the Finniss operation,” says Core MD Paul Brown.  

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 
Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.062 0.1s - 152pq - 2rq
Subscribe Now