Top Page
Core Lithium Ltd
(OTC:CXO)
Core Lithium Ltd (CXO) vs. iShares MSCI Australia ETF (EWA)
Core Lithium Ltd Business Overview & Revenue Model
Core Lithium Ltd Earnings Call Summary
Core Lithium Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -2.42M | -2.42M | 189.49M | 50.60M | 0.00 | 0.00 |
| Gross Profit | -3.01M | -3.01M | 30.90M | 30.61M | -116.13K | -136.81K |
| EBITDA | -14.38M | -14.38M | -163.06M | 15.56M | -7.25M | -2.77M |
| Net Income | -23.37M | -23.37M | -207.01M | 10.81M | -7.47M | -2.91M |
Balance Sheet | ||||||
| Total Assets | 268.44M | 268.44M | 323.96M | 503.14M | 261.85M | 73.19M |
| Cash, Cash Equivalents and Short-Term Investments | 24.06M | 24.06M | 88.18M | 152.95M | 135.39M | 38.19M |
| Total Debt | 2.91M | 2.91M | 3.53M | 22.94M | 2.09M | 102.34K |
| Total Liabilities | 34.16M | 34.16M | 67.09M | 148.22M | 23.13M | 1.88M |
| Stockholders Equity | 234.28M | 234.28M | 256.87M | 354.92M | 238.72M | 71.31M |
Cash Flow | ||||||
| Free Cash Flow | -63.34M | -63.34M | -165.17M | -74.80M | -75.44M | -10.34M |
| Operating Cash Flow | -43.93M | -43.93M | -77.94M | 90.81M | -6.22M | -2.34M |
| Investing Cash Flow | -19.85M | -19.85M | -88.64M | -171.62M | -70.56M | -8.37M |
| Financing Cash Flow | -626.00K | -626.00K | 102.39M | 97.79M | 173.87M | 40.20M |
Core Lithium Ltd Technical Analysis
Core Lithium Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
51 Neutral | AU$718.34M | -26.61 | -9.40% | ― | -100.00% | 89.10% | |
51 Neutral | €339.46M | -23.46 | -5.18% | ― | ― | 47.15% | |
45 Neutral | AU$39.06M | -33.33 | ― | ― | ― | 96.00% | |
39 Underperform | AU$41.44M | -6.89 | -13.86% | ― | ― | -12.34% | |
28 Underperform | AU$72.44M | -7.01 | ― | ― | ― | -268.97% |
Core Lithium Ltd Corporate Events
Core Lithium Ltd has announced the issuance of 22,965,389 performance rights and 1,000,000 options as part of an employee incentive scheme. This move is likely aimed at enhancing employee engagement and aligning their interests with the company’s long-term growth objectives, potentially strengthening its position in the competitive lithium market.
Core Lithium Ltd announced the results of its 2025 Annual General Meeting, where all resolutions were passed by poll. Notably, the resolution for the 7.1A Mandate was withdrawn due to the company’s market capitalization exceeding $300 million, making it ineligible under the ASX Listing Rule 7.1A. This development reflects Core Lithium’s growing market presence and financial strength, which may positively impact its stakeholders and industry positioning.
Core Lithium Ltd has announced updates regarding its Finniss Lithium Project, emphasizing its operational readiness and the associated risks of mineral exploration and development. The company has provided updates on its Mineral Resource and Ore Reserve estimates, which are crucial for stakeholders to understand the project’s potential economic viability. However, the company cautions that these estimates are subject to change and highlights the inherent risks and uncertainties in the mining industry.
Core Lithium Ltd’s 2025 AGM highlighted the company’s strategic efforts to revitalize its Finniss Lithium Operations amidst challenging industry conditions. The company completed a Restart Study aimed at reducing costs and enhancing operational efficiency, although a restart decision is pending favorable market conditions and financing. The company strengthened its leadership team and remains committed to community engagement and environmental stewardship. Despite current industry lows, Core Lithium is poised to benefit from future demand growth, maintaining a focus on financial discipline and resource enhancement.
Core Lithium Ltd has announced an updated mine plan for its Grants deposit at the Finniss Lithium Project, which includes transitioning from an open pit to an underground mine. This plan reduces pre-production capital costs by $35-$45 million and increases the Ore Reserve by 33%, enhancing the project’s financial viability and supporting strategic funding efforts.
Core Lithium Ltd announced a change in its registered and principal administrative office to a new location in Perth, Western Australia. This move is part of the company’s ongoing operational adjustments and has been approved by the board, potentially impacting its administrative efficiency and stakeholder communications.
Core Lithium Ltd has issued 198,125,292 ordinary shares at A$0.105 per share to institutional and professional investors as part of an institutional placement. This move, announced on 28 August 2025, is part of the company’s strategy to strengthen its financial position and expand its market presence, complying with the necessary regulatory obligations.
Core Lithium Ltd has announced the issuance of 198,125,292 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code CXO. This move is part of previously announced transactions and is expected to enhance the company’s capital structure, potentially strengthening its market position and providing more resources to expand its operations in the lithium sector.
Core Lithium Ltd announced the details of its upcoming Annual General Meeting (AGM) scheduled for November 14, 2025. The company has opted not to send hard copies of the meeting notice to shareholders unless specifically requested, directing them instead to access the information online. This move reflects a shift towards digital communication, potentially reducing costs and aligning with sustainable practices. The AGM will provide a platform for shareholders to engage with the company’s strategic direction and operational updates.
Core Lithium Ltd has reported significant progress in its Finniss Lithium Project, with a 42% increase in ore reserves and a strengthened financial position following a successful capital raising of $50 million. The termination of previous offtake agreements allows Core to have full control over future production, enhancing its strategic flexibility. The company is well-capitalized and focused on advancing towards a Final Investment Decision, with no recordable injuries or environmental incidents reported during the quarter.
Core Lithium Ltd announced the successful passage of all resolutions at its 2025 General Meeting, including the ratification of prior issued placement shares and approval for issuing additional placement shares. This outcome supports the company’s strategic initiatives and could enhance its financial position, potentially impacting its market presence and stakeholder interests positively.
Core Lithium Ltd has announced a change in the director’s interest, with Director Heath Hellewell acquiring an additional 285,715 shares through participation in the company’s Share Purchase Plan, increasing his total holdings to 5,360,715 shares. This acquisition reflects confidence in the company’s future prospects and may positively influence stakeholder perceptions, reinforcing the company’s commitment to growth within the lithium market.
Core Lithium Ltd has announced the application for the quotation of 41,309,930 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code CXO. This move is part of a previously announced transaction, potentially enhancing the company’s liquidity and market presence, which could have positive implications for its stakeholders and support its strategic growth initiatives.
Core Lithium Ltd has successfully raised approximately $4.3 million through its share purchase plan (SPP), following a recent $50 million placement to institutional investors. The issuance of 41,309,930 new fully paid ordinary shares at $0.105 per share aligns with the company’s strategic financial initiatives, potentially enhancing its operational capabilities and market positioning.
Core Lithium Ltd has released its 2025 Corporate Governance Statement and Appendix 4G in compliance with ASX listing rules. This announcement, approved by the company’s board, reflects Core Lithium’s commitment to transparency and regulatory adherence, potentially strengthening its position in the lithium industry and providing assurance to stakeholders.
Core Lithium Ltd has released its 2025 Annual Report, highlighting the company’s operational and financial performance over the past year. The report includes a review of operations, sustainability efforts, and a statement on mineral resources and ore reserves. This comprehensive overview provides stakeholders with insights into Core Lithium’s strategic positioning and ongoing commitment to sustainability, which may impact its market presence and investor confidence.
Core Lithium Ltd has announced its intention to hold the 2025 Annual General Meeting on November 14, where the re-election of Directors will be a key agenda item. The announcement highlights the company’s procedural adherence and provides stakeholders with important dates for director nominations, reflecting Core Lithium’s commitment to governance and stakeholder engagement.
Core Lithium Ltd has terminated its offtake agreement with Ganfeng Lithium Co., freeing 100% of its future spodumene production from the Finniss Lithium Project for project partners or spot sales. This strategic move enhances Core’s marketing flexibility and options within its ongoing strategic funding process, positioning the Finniss project as a competitive, long-life, low-cost lithium opportunity.
Core Lithium Ltd has announced a General Meeting for its shareholders, scheduled for October 10, 2025, in Perth, Western Australia. The company will not be sending hard copies of the meeting notice unless specifically requested by shareholders, aligning with modern digital communication practices. This decision reflects the company’s commitment to efficiency and sustainability, potentially impacting shareholder engagement and operational transparency.
Core Lithium Ltd has announced an updated Ore Reserve Estimate for its Carlton deposit, part of the Finniss Lithium Project, which increases the total Finniss Ore Reserves by 42% to 15.2 million tonnes at 1.26% Li2O. This update enhances the company’s Restart Study mine schedule, now 87% backed by Ore Reserves, and supports potential future expansion, offering increased confidence in the project’s long-term viability and operational flexibility.