Logotype for Core Lithium Ltd

Core Lithium (CXO) investor relations material

Core Lithium Q1 2026 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Core Lithium Ltd
Q1 2026 TU earnings summary12 Oct, 2025

Executive summary

  • Advanced Finniss Lithium Project towards restart as a low-cost, long-life underground operation, supported by a 20-year mine life from the Restart Study.

  • Secured $50 million via a two-tranche placement and $4.3 million through a Share Purchase Plan to accelerate Finniss development.

  • Increased Finniss Ore Reserves by 42% to 15.2Mt at 1.26% Li₂O following updated Carlton Ore Reserve.

  • All legacy offtake agreements terminated, leaving 100% of future spodumene production unencumbered.

  • Strong interest from strategic investors and financial groups in ongoing funding process.

Financial highlights

  • Cash balance at 30 September 2025 was $35.9 million, up from $23.5 million at 30 June 2025, excluding the $20.8 million Tranche 2 placement approved post-quarter.

  • Net cash used in operating activities for the quarter was $12.45 million.

  • Net cash from financing activities was $31.7 million, driven by equity raises.

  • Estimated 2.8 quarters of funding available based on current cash and outgoings.

  • One-off $3.0 million payment made to terminate the Ganfeng offtake agreement.

Outlook and guidance

  • Technical workstreams and optimisation activities for Finniss are progressing, supporting a Final Investment Decision.

  • Capital raised will accelerate operational readiness and strategic funding initiatives.

  • Drilling to test the Carlton Exploration Target will be conducted from underground positions as part of future mining operations.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Core Lithium Ltd is an Australian mining company focused on the exploration and development of lithium resources. The company’s flagship asset is the Finniss Lithium Project, located in the Northern Territory of Australia, which is positioned to supply high-grade lithium concentrate to the growing battery and electric vehicle markets. Core Lithium aims to advance the project to full-scale production, leveraging the increasing demand for lithium as a key component in sustainable energy storage and EV batteries. The company is headquartered in Adelaide, South Australia, and its shares are listed on the ASX.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage