Core Lithium raises $174.9M via equity offering and $37M convertible notes to fund Finniss restart and operations.
PRIVATESep 29, 2026
Amount Raised
A$175 Million
Round Type
Convertible Note
PerthMiningData Mining
Description
Core Lithium secured $174.9 million through an equity offering and received $37 million from the first tranche of convertible notes during FY26. The funding supports the restart of the Finniss lithium operation and underground development at BP33. Core ended the year with $181.8 million in cash, up from $23.5 million at the start of FY26. The company targets first shipment of newly produced spodumene concentrate in the December quarter.
Company Information
Company
Core Lithium Ltd
Location
Perth, Western Australia, Australia
About
Core Lithium Ltd is a company in the Australian resources industry focusing on lithium mining and operations. They are preparing to restart mining at the Finniss Lithium Project.
Fundz sees it the moment Core Lithium Ltd raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
PerthMiningData Mining