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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.
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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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