Core Lithium Restarts Finniss Mining, Targets First Spodumene Exports in December Quarter
Updated
Updated · Bloomberg · May 20
Core Lithium Restarts Finniss Mining, Targets First Spodumene Exports in December Quarter
2 articles · Updated · Bloomberg · May 20
Core Lithium has resumed mining at its Finniss project in Australia’s Northern Territory, with blasting and excavation now underway after the site had been mothballed.
A rebound in battery-material prices drove the restart, prompting the company to begin a staged return to production rather than a full immediate ramp-up.
First exports of spodumene concentrate are scheduled for the December quarter, marking the next key milestone in bringing Finniss back into operation.
The move adds to signs that some lithium producers are reviving suspended assets as improving prices begin to reshape supply decisions.
As Australian mines restart, could a new supply glut cause another lithium price crash before the Finniss project fully ramps up production?
With China dominating processing, how can Australia's Finniss project truly help Western nations achieve lithium supply chain independence?
Will the rise of AI data centers secure long-term lithium demand, or is this another temporary boom in a highly volatile market?