Core Lithium Ltd (AU:CXO) has announced a 223% increase in the BP33 Ore Reserve at the Finniss Lithium Project. This significant boost marks a pivotal step in their operational strategy, projecting a nine-year project lifespan at the current processing rate. However, the update also includes a minor reduction in the Grants Open Pit Reserve and removes smaller deposits based on revised market and cost assumptions. Core Lithium aims to maintain a streamlined, cost-effective operation, with continuous drilling to expand resources. Restart studies are currently underway.

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