Core Lithium Says Cash Balance Rises to AU$200 Million; Shares Up 7%

MT Newswires Live10-14 07:51

Core Lithium (ASX:CXO) said its cash balance was AU$200 million at Sept. 30, up from AU$182 million as of June 30, according to a Wednesday Australian bourse filing.

The company produced its first spodumene concentrate at the Finniss project in the Northern Territory in the September quarter, with plant commissioning and optimization continuing and the first shipment on target for the December quarter.

The company's shares rose past 7% in recent Wednesday trade.

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