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Core Lithium raises $174.9M via equity offering and $37M convertible notes to fund Finniss restart and operations.
Amount Raised
A$175 Million
Round Type
Convertible Note
PerthMiningData MiningDescription
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.
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.
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Core Lithium Ltd raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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