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Lithium Play Surged in March 2026

Lithium Play Surged in March 2026

Key Highlights

  • Core Lithium approved Final Investment Decision for Finniss Lithium Project restart with $300M+ funding package
  • First spodumene concentrate production targeted for Q4 2026, with full ramp-up to 1.2Mtpa by mid-2028
  • Updated project economics show NPV of $1.1 billion and free cash flow of $1.7 billion at US$1,500/t lithium price
  • Market cap of $627 million has surged 295% over 12 months amid lithium sector recovery
  • Stock trading at $0.225 (+9.30% today) as investors embrace reopening narrative after previous suspension

Core Lithium (ASX:CXO) advanced 9.30% on March 27, 2026, as investors digested the company’s major announcement regarding the Finniss Lithium Project…

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