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Core Lithium: Lands additional spodumene sales agreement with Yahua | Fintech InShorts: Latest fintech news, analysis by experts

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Core Lithium: Lands additional spodumene sales agreement with Yahua

By Steve Sam

March 24, 2023

Core Lithium Lands additional spodumene sales agreement with Yahua

Core Lithium (CXO) produces its first spodumene concentrate from its Finniss lithium project in the Northern Territory
Further, the company has locked in a sales agreement for additional Finniss spodumene with long-term customer Sichuan Yaha
As part of the new deal, Yahua will now buy 18,500 tonnes of spodumene concentrate, with the first payment — for 80 per cent of the spodumene — scheduled for April
This purchase is in addition to the original agreement between Core and Yahua for the sale of 300,000 tonnes
CXO shares are down 3.48 per cent and trading at 76 cents at 2:52 pm AEDT

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