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Core Lithium Ltd ( (AU:CXO) ) has issued an update.
Core Lithium Ltd has notified the market that 2,775,238 performance rights (ASX code CXOAA) have lapsed after the conditions attached to these securities were not met or became incapable of being satisfied as of 24 January 2026. The cessation of these conditional rights slightly reduces the company’s potential future issued capital and may be seen as an adjustment to its equity-based incentive structures, with limited immediate impact on existing shareholders but some implications for management and staff whose incentives were tied to these performance hurdles.
The most recent analyst rating on (AU:CXO) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on Core Lithium Ltd stock, see the AU:CXO Stock Forecast page.
More about Core Lithium Ltd
Core Lithium Ltd is an Australian-listed company focused on the exploration, development and production of lithium and related battery minerals, supplying raw materials primarily for the global electric vehicle and energy storage markets.
Average Trading Volume: 28,782,343
Technical Sentiment Signal: Hold
Current Market Cap: A$771.5M
For an in-depth examination of CXO stock, go to TipRanks’ Overview page.