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$73M metal project approved in Northern Australia

Core Lithium
Core Lithium

An exotic metal producer has received the regulatory green light to proceed with its $73 million mine in the Top End.

The Northern Territory Government has given final approval for Core Lithium’s Finniss Lithium Project, 15km south of Darwin.

Work begins

NT Minister for Primary Industry and Resources Paul Kirby confirmed the project’s mining management plan was accepted and an authorisation to start development has already been issued to the proponent.

The decision means the proponent can proceed with building what is touted to be the first open-cut lithium mine outside of Western Australia that is capable of processing 2 million tonnes of ore. No significantly sized new mining project has been approved in the NT since the year 2013 according to the proponent.

200 jobs

About 200 local positions will be created at the Cox Peninsula Road site throughout the project’s four-year lifespan. The entire workforce is expected to drive-in and drive-out each day as there will be no accommodation camp provided.

When positions become available, Core Lithium will invite prospective applicants to direct their enquiries as follows:

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“The resources sector is going to play a huge role in our recovery from the COVID-19 crisis, and the milestone achieved by the Finniss Lithium Project is very good news for Territorians,” Kirby said in a public statement.

“The first three years of this project are expected to inject over $500M dollars into the NT economy and create around 200 jobs for Territorians within an hour of Darwin.”

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