Core Lithium Ltd (AU:CXO) has released an update.
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Core Lithium Ltd has surpassed its FY24 production and sales guidance, producing 95,020dmt and selling 97,423dmt of spodumene concentrate, respectively. The company’s unaudited cash balance climbed to $87.6 million by the end of FY24, reinforcing its debt-free status and funding capability for future exploration and development in the Finniss district. Despite pausing operations at Finniss, Core Lithium is preparing for future explorations and is poised to swiftly resume activities when market conditions are favorable.
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