Core Lithium Balances Record Shipments with Cost Control

Core Lithium Ltd (AU:CXO) has released an update.

Core Lithium Ltd reported a mixed quarter with a record 33,027dmt in spodumene concentrate shipments but an 18% production decrease due to stockpile depletion. The company remains debt-free with a $87.6 million cash balance and is preparing for potential operations restart when market conditions improve. Meanwhile, Core focuses on cost reduction and maintaining operational readiness, with 5,178wmt of concentrate and 75,000wmt of lithium fines available for sale.

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